Located in East Asia near key trading partners including Japan, South Korea, Vietnam, India and Singapore, the People’s Republic of China shipped US$2.499 trillion worth of goods around the globe in 2019. That dollar amount reflects a 9.9% gain since 2015 and a modest 0.2% increase from 2018 to 2019. China’s exported goods totaled $1.396 trillion during the first 7 months of … [Read more...] about China’s Top 10 Exports
Asia
China’s Rice Imports by Country
Considering the 1.4 billion mouths to feed in China, it should come as no surprise that the People’s Republic is the world’s third-biggest importer of rice behind Iran and Saudi Arabia. Total rice imports by country cost China a total US$1.25 billion via purchases from 14 rice-supplying trade partners during 2019. That dollar amount reflects a -14.9% decrease in cost since … [Read more...] about China’s Rice Imports by Country
Vietnam’s Top 10 Exports
The eastern-most nation on Southeast Asia’s Indochina Peninsula, the Socialist Republic of Vietnam shipped an estimated US$304.3 billion worth of goods around the globe in 2019. That dollar amount reflects an 87.8% gain since 2015 and a 24.9% expansion from 2018 to 2019. Based on the average exchange rate for 2019, the Vietnamese dong depreciated by -6.2% against the US dollar … [Read more...] about Vietnam’s Top 10 Exports
South Korea’s Top 10 Exports
Nicknamed the Land of the Morning Calm, South Korea’s exports totaled US$542.3 billion during 2019. That dollar total represents a -10.4% year-over-year drop since 2018 but a 2.9% gain over the 5-year period starting in 2015. Based on the average exchange rate for 2019, the South Korean won has depreciated by -3% against the US dollar since 2015 and declined by -5.9% from 2018 … [Read more...] about South Korea’s Top 10 Exports
Philippines Top 10 Imports
The Republic of the Philippines imported US$112.9 billion worth of goods from around the globe in 2019. That dollar amount reflects a 60.9% acceleration since 2015 but a -1.9% downtick from 2018 to 2019. Based on the average exchange rate for 2019, the Philippine peso depreciated by -13.8% against the US dollar since 2015 but increased by 1.6% from 2018 to 2019. The weaker … [Read more...] about Philippines Top 10 Imports