The Kingdom of Thailand shipped US$229.2 billion worth of goods around the globe in 2020. That dollar amount reflects a 7.3% gain since 2016 but a -6.6% decline from 2019 to 2020. That dollar figure represents roughly 1.2% of overall global exports estimated at $18.709 trillion on year earlier during 2019. Applying a continental lens, 61.6% of Thailand’s exports by value were … [Read more...] about Thailand’s Top Trading Partners
Asia
China’s Top Trading Partners
The world’s largest exporter by value, China exported 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. That dollar amount also represents 13% of overall global exports for 2018 (calculated as $19.285 trillion by the International Trade Center). Applying a continental … [Read more...] about China’s Top Trading Partners
Japan’s Top Trading Partners
Known as the Land of the Rising Sun, Japan is a major economic and political power in Asia. Yet it is a North American nation--the United States--that became the number one purchaser of Japanese export products during 2020. The world’s fourth-largest exporter behind China, America and Germany, Japan shipped $641.4 billion worth of goods around the globe in 2020. That dollar … [Read more...] about Japan’s Top Trading Partners
Singapore’s Top Trading Partners
Nicknamed the Fine Country, the Republic of Singapore is a Southeast Asian island strategically located near China, Malaysia, Indonesia and Australia. Singapore exported US$374.2 billion worth of goods around the globe in 2020. That dollar amount reflects a 13.4% increase since 2016 but a -4.1% decline from 2019 to 2020. Applying a continental lens, 71% of Singapore exports … [Read more...] about Singapore’s Top Trading Partners
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$512.8 billion worth of products around the globe in 2020. That figure represents roughly 2.7% of overall global exports estimated at $18.709 trillion one … [Read more...] about South Korea’s Top Trading Partners