Top Asian Export Countries

Asian currency

Asian currency

Exports from Asia totaled an estimated US$6.390 trillion in 2017. That dollar amount reflects a 1.7% increase since 2013 with an 11.5% year-over-year gain from 2016 to 2017.

International product sales originating from Asia represent more than a third (36.3%) of total worldwide 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 $55.256 trillion in 2017. Therefore, Asian exports 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 $6.390 trillion in 2017 Asian exports translates to roughly $1,535 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 2017. Also shown is each country’s percentage value change from 2013 plus its overall share of Asia’s overall exports.

RankExporter2017 ExportsSince 2013%Asia Total
1.China$2.272 trillion+2.8%35.6%
2.Japan$698.1 billion-2.4%10.9%
3.South Korea$573.7 billion+2.5%9%
4.Hong Kong$550.2 billion+2.8%8.6%
5.Singapore$373.3 billion-9%5.8%
6.Taiwan$317.7 billion+4.3%5%
7.India$295.8 billion-12.1%4.6%
8.Vietnam$254.1 billion+92.5%4%
9.Thailand$236 billion+3.3%3.7%
10.Malaysia$216.4 billion-5.2%3.4%
11.Indonesia$168.8 billion-7.5%2.6%
12.Turkey$157.1 billion+3.5%2.5%
13.Philippines$68.7 billion+21.2%1.1%
14.Kazakhstan$48.3 billion-42.9%0.8%
15.Bangladesh$40.6 billion+65.3%0.6%
16.Pakistan$21.9 billion-12.9%0.34%
17.Cambodia$17.3 billion+158.9%0.27%
18.Myanmar (Burma)$13.9 billion+21.4%0.217%
19.Azerbaijan$13.8 billion-42.3%0.216%
20.Sri Lanka$11.7 billion+17.4%0.18%
21.Uzbekistan$8.5 billion-1.3%0.13%
22.Turkmenistan$7.8 billion-35.2%0.12%
23.Mongolia$6.1 billion+41.7%0.095%
24.Brunei Darussalam$5.6 billion-51.3%0.087%
25.Laos$4.8 billion+59.2%0.07%
26.Georgia$2.7 billion-6.3%0.04%
27.Armenia$2 billion+39.1%0.032%
28.North Korea$1.9 billion-48.8%0.029%
29.Kyrgyzstan$1.8 billion+0.6%0.028%
30.Macao$1.4 billion+13.2%0.023%
31.Tajikistan$979.4 million+12.6%0.015%
32.Afghanistan$920.1 million+98.3%0.014%
33.Nepal$740.7 million-14.2%0.012%
34.Maldives$409.5 million+145.9%0.006%
35.Bhutan$243.4 million+54.4%0.004%
36.Timor-Leste$106 million+99.4%0.002%

The top 10 Asian exporters provided 90.6% of all international product sales originating from Asia during 2017.



 
Among Asian exporters, 22 grew the value of their exports in the 5-year period ending in 2017 led by: Cambodia (up 158.9%), Maldives (up 145.9%), Timor-Leste (up 99.4%), Afghanistan (up 98.3%) and Vietnam (up 92.5%).

Brunei Darussalam led the decliners thanks to its -51.3% drop, followed by North Korea (down -48.8%), Kazakhstan (down -42.9%), Azerbaijan (down -42.3%) and Turkmenistan (down -35.2%).

See also Highest Value Chinese Export Products, Japan’s Top Trading Partners and South Korea’s Top 10 Exports

Research Sources:
Central Intelligence Agency, Population statistics by country. Accessed on July 25, 2018

International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on July 25, 2018

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on July 25, 2018

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on July 25, 2018

Wikipedia, List of Asian countries by population. Accessed on July 25, 2018