Strategically located near highly populated trading partners including China, Pakistan and Bangladesh, the Republic of India shipped US$322.8 billion worth of goods around the globe in 2019. That dollar amount reflects a -0.4% reduction since 2015 but a 22.3% gain from 2018 to 2019. Based on the average exchange rate for 2019, the Indian rupee has depreciated by -9.8% against … [Read more...] about India’s Top 10 Exports
Asia
Japan’s Top Trade Balances
In 2019 cars, automobile parts or accessories and machinery for making semi-conductors are major drivers for the highest positive trade balances for Japan. Japan’s total trade balance for all products equaled a -US$15.2 billion deficit for 2019, down -82.6% from the -$87.4 billion in red ink for 2012. Year over year, Japan’s -$15.2 billion trade deficit in 2019 represents a … [Read more...] about Japan’s Top Trade Balances
Thailand’s Top 10 Exports
Located in the Southeast Asian Indochinese peninsula, the Kingdom of Thailand shipped US$245.3 billion worth of goods around the globe in 2019. That dollar amount reflects a 16.4% gain since 2015 but a -1.8% decline from 2018 to 2019. Thailand’s exported goods totaled $170.8 billion during the first 9 months of 2020. Assuming an annualized $227.7 billion in exports for all … [Read more...] about Thailand’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. South Korea’s exported goods totaled $415.7 billion during the first 10 months of 2020. Assuming an annualized $498.8 billion in exports for all 2020, … [Read more...] about South Korea’s Top 10 Exports
Japan’s Top 10 Exports
Japan shipped $705.7 billion worth of goods around the globe in 2019. That dollar amount reflects a -4.4% decline since 2018 but a 12.9% increase from 2015 to 2019. Japan’s exported goods totaled $455.9 billion during the first 9 months of 2020. Assuming an annualized $607.8 billion in exports for all 2020, Japan is on track for an estimated -13.9% drop in value for its … [Read more...] about Japan’s Top 10 Exports