Top Asian Export Countries

Asian currency

Asian currency

Exports from Asia totaled an estimated US$6.910 trillion in 2018. That dollar amount for the Asian continent reflects a 1.2% uptick since 2014 and an 8.5% year-over-year acceleration from 2017 to 2018.

International product sales originating from Asia represent over a third (35.9%) of overall global exports.

Calculated using statistics from the International Monetary Fund’s World Economic Outlook Database, the total Gross Domestic Product (GDP) for selected Asian countries on a Purchase Power Parity (PPP) basis amounted to roughly $59.972 trillion in 2018. Therefore, Asian exported goods account for an estimated 11.6% of Asia’s total economic output in terms of GDP converted using PPP.

Given Asia’s population of approximately 4.2 billion people, the total $6.910 trillion in 2018 Asian exports translates to roughly $1,647 for every person living on that continent.

Top Asian Export Countries

Below are the top Asian exporting entities that achieved the highest dollar value in global shipments during 2018. Also shown is each country’s percentage value change from 2014 plus its overall share of Asia’s overall exports.

RankExporterExports in US$Since 2014%Asia Total
1.China$2.263 trillion+6.5%36.1%
2.Japan$738.19 billion+7%10.7%
3.South Korea$605.2 billion+5.6%8.8%
4.Hong Kong$569.1 billion+8.6%8.2%
5.Singapore$411.7 billion+0.5%6%
6.Taiwan$335.8 billion+7.2%4.9%
7.India$323.1 billion+1.7%4.7%
8.Vietnam$277.4 billion+84.6%4%
9.Thailand$249.8 billion+9.8%3.6%
10.Malaysia$247.3 billion+5.6%3.6%
11.Indonesia$180.2 billion+2.4%2.6%
12.Turkey$168 billion+6.6%2.4%
13.Philippines$67.5 billion+9.2%1%
14.Kazakhstan$61 billion-23.3%0.9%
15.Bangladesh$42.5 billionno 2014 data0.6%
16.Pakistan$23.6 billion-4.4%0.34%
17.Azerbaijan$20.1 billion-7.7%0.29%
18.Cambodia$19 billion+177.4%0.27%
19.Myanmar (Burma)$15.4 billion+34.3%0.22%
20.Sri Lanka$11.2 billion-1.1%0.16%
21.Turkmenistan$9.3 billion-25.4%0.13%
22.Uzbekistan$8.4 billion+17.1%0.12%
23.Mongolia$7.4 billion+28.2%0.11%
24.Brunei Darussalam$6.5 billion-37.9%0.09%
25.Laos$5.6 billion+116.5%0.08%
26.Georgia$3.4 billion+17.5%0.05%
27.Armenia$2.4 billion+59.8%0.03%
28.Kyrgyzstan$1.7 billion-10.3%0.024%
29.Macao$1.4 billion+16.6%0.021%
30.Afghanistan$1.1 billion+89.6%0.016%
31.Tajikistan$1.1 billion+32%0.016%
32.Nepal$735.6 million-18.3%0.011%
33.Bhutan$306.5 million+74.2%0.004%
34.North Korea$294 million-91.3%0.004%
35.Maldives$250.8 million+73%0.004%
36.Timor-Leste$82.4 millionno 2014 data0.001%

To sort, click the pertinent column heading in the above table.

Note: The top 10 Asian exporters provided 90.5% of all international product sales for Asia during 2018.



 

Among Asian exporting nations, 25 grew the value of their exports in the 5-year period ending in 2018 led by: Cambodia (up 177.4%), Laos (up 116.5%), Afghanistan (up 89.6%), Vietnam (up 84.6%), Bhutan (up 74.2%) and Maldives (up 73%).

Leading the decliners were: Brunei Darussalam (down -51.3%) followed by North Korea (down -91.3%), Brunei Darussalam (down -37.9%), Turkmenistan (down -25.4%), Kazakhstan (down -23.3%) and Nepal (down -18.3%).

See also Mongolia’s Top 10 Exports, Japan’s Top Trading Partners and South Korea’s Top 10 Exports

Research Sources:
Central Intelligence Agency, Population statistics by country. Accessed on April 29, 2019

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on April 29, 2019

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on April 29, 2019

Wikipedia, List of Asian countries by population. Accessed on April 29, 2019