Located in East Asia near key trading partners including Japan, South Korea, Vietnam, India and Singapore, the People’s Republic of China shipped US$2.591 trillion worth of goods around the globe in 2020. That dollar amount reflects a 22.3% gain since 2016 and a 3.7% increase from 2019 to 2020. Mobile phones and other phone system devices comprise China’s biggest … [Read more...] about China’s Top 10 Exports
Asia
Taiwan’s Top 10 Exports
A partially recognized state in East Asia and officially named the Republic of China, Taiwan shipped US$347.2 billion worth of goods around the globe in 2020. That dollar amount reflects a 24.4% gain since 2016 and a 5.4% increase from 2019 to 2020. By far, Taiwan’s biggest export is electronic integrated circuits. That commodity represents over a third of the total shipments … [Read more...] about Taiwan’s Top 10 Exports
Japan’s Top 10 Exports
Japan shipped $641.4 billion worth of goods around the globe in 2020. That dollar amount reflects a -9.1% decline since 2019 and a -0.6% decrease from 2016 to 2020. Based on the average exchange rate for 2020, the Japanese yen has appreciated by 1.9% against the US dollar since 2016 and increased by 2.1% from 2019 to 2020. Japan's stronger local currency since 2016 make … [Read more...] about Japan’s Top 10 Exports
Indonesia’s Top 10 Imports
Indonesia imported an estimated US$141.6 billion worth of goods from around the globe in 2020, up by 4.4% since 2016 but down by -17.3% from 2019 to 2020. Based on the average exchange rate for 2020, the Indonesian rupiah depreciated by -9.6% against the US dollar since 2016 and dropped by -3.1% from 2019 to 2020. Indonesia's weaker local currency makes Indonesia's imports … [Read more...] about Indonesia’s Top 10 Imports
Indonesia’s Top 10 Exports
Located mostly in Southeast Asia extending to some territories in the Oceania continent across from Australia, the Republic of Indonesia shipped an estimated US$163.3 billion worth of goods around the globe in 2020. That dollar amount reflects a 13% gain since 2016 but a -2.6% decrease from 2019 to 2020. Indonesia’s biggest export by value is palm oil, a commodity that … [Read more...] about Indonesia’s Top 10 Exports
