Often referred to as Chinese Taipei and officially called the Republic of China, the island of Taiwan is surrounded by major trading partners in the People’s Republic of China to its west, Japan to its east and the Philippines to its south. Taiwan exported US$329.5 billion worth of goods around the globe in 2019. That dollar amount reflects a 17.7% gain since 2015 but a -1.9% … [Read more...] about Taiwan’s Top Trading Partners
Import News
Italy’s Top Trading Partners
Nicknamed The Boot based on the country’s geographic shape, the Italian Republic is in Southern Europe sharing borders with France, Switzerland, Austria and Slovenia to the north. Italy exported US$532.7 billion worth of goods around the globe in 2019. That dollar amount reflects a 16.6% improvement since 2015 but a -2% decline from 2018 to 2019. Applying a continental lens, … [Read more...] about Italy’s Top Trading Partners
Gold Imports by Country
Worldwide purchases of imported gold totaled an estimated US$287.6 billion in 2018. The overall value of gold imports rose by 2.5% for all importing countries since 2014 when gold purchases were valued at $280.7 billion. Year over year, gold imports slipped by -18% from 2017 to 2018. From a continental perspective, Asian countries bought the highest dollar worth of imported … [Read more...] about Gold Imports by Country
South Korea’s Top Trading Partners
Officially named the Republic of Korea, South Korea is strategically located between the world-class importers namely China to its west and another Asian economic powerhouse Japan to South Korea’s east. South Korea shipped US$542.3 billion worth of products around the globe in 2019. That figure represents roughly 2.8% of overall global exports estimated at $19.285 trillion for … [Read more...] about South Korea’s Top Trading Partners
China’s Top 10 Imports
The People’s Republic of China imported US$2.069 trillion worth of goods from around the globe in 2019. That dollar amount reflects a 23.2% increase since 2015 but a -3.1% downtick from 2018 to 2019. Based on the average exchange rate for 2019, the Chinese yuan depreciated by -10.9% against the US dollar since 2015 and declined by -4.4% from 2018 to 2019. The weaker Chinese … [Read more...] about China’s Top 10 Imports