Considering the more than 1.4 billion mouths to feed in China, it should come as no surprise that the People’s Republic was the world’s biggest importer of rice in 2021 ahead of the Philippines, Saudi Arabia then the United States of America. Total rice imports by country cost China a total US$2.2 billion via international purchases from 15 rice-supplying trade partners during … [Read more...] about China’s Rice Imports by Country
Asia
Philippines Top 10 Exports
Located in the western Pacific Ocean, the Southeast Asian nation called the Republic of Philippines shipped US$74.6 billion worth of goods around the globe in 2021. That dollar amount reflects an 18% increase since 2017 and a 16.8% upturn from 2020 to 2021. Based on the average exchange rate for 2021, the Philippine peso appreciated by 2.3% against the US dollar since 2017 … [Read more...] about Philippines Top 10 Exports
China’s Top 10 Imports
The People’s Republic of China imported US$2.439 trillion worth of goods from around the globe in 2021. That dollar amount reflects a 32.5% increase since 2017 and an 18.6% uptick from 2020 to 2021. Based on the average exchange rate for 2021, the Chinese yuan has appreciated by 4.6% against the US dollar since 2017 and increased by 6.5% from 2020 to 2021. China's stronger … [Read more...] about China’s Top 10 Imports
India’s Top 10 Exports
Strategically located near highly populated trading partners including China, Pakistan and Bangladesh, the Republic of India shipped US$394.8 billion worth of goods around the globe in 2021. That dollar amount reflects a 33.4% increase since 2017 and a 43.3% acceleration from 2020 to 2021. Based on the average exchange rate for 2021 on a Purchasing Power Parity basis, the … [Read more...] about India’s Top 10 Exports
China’s Top 10 Exports
Located in East Asia near key trading partners including Japan, South Korea, Vietnam, India and Singapore, the People’s Republic of China shipped US$3.026 trillion worth of goods around the globe in 2021. That dollar amount reflects a 33.2% gain since 2017 and a 16.8% increase from 2020 to 2021. According to exchange rate metrics from the International Monetary Fund, the … [Read more...] about China’s Top 10 Exports