Comprised of two similarly sized land masses in Southeast Asia, namely Peninsular Malaysia and East Malaysia, Malaysia shipped US$299 billion worth of goods around the globe in 2021. That dollar amount reflects an 37.4% gain since 2017 and a 28% acceleration from 2020 to 2021. Based on the average exchange rate for 2021, the Malaysian ringgit appreciated by 3.7% against the … [Read more...] about Malaysia’s Top 10 Exports
Asia
Malaysia’s Top 10 Imports
Located in Southeast Asia near powerful trade partners including mainland China, Singapore, Taiwan, Japan, Indonesia and South Korea imported US$238.1 billion worth of goods from around the globe in 2021. That dollar amount reflects a 22.1% increase since 2017 and a 25.6% acceleration from 2020 to 2021. Based on the average exchange rate for 2021, the Malaysian ringgit … [Read more...] about Malaysia’s Top 10 Imports
South Korea’s Top 10 Imports
South Korean imports cost a total US$615 billion in 2021, up 28.6% since 2017. From 2020 to 2021, South Korea’s overall import spending accelerated by 31.5%. Based on the average exchange rate for 2021, the South Korean won has depreciated by -1.1% against the US dollar since 2017 but strengthened by 3.1% from 2020 to 2021. The Republic of South Korea's stronger local … [Read more...] about South Korea’s Top 10 Imports
South Korea’s Top 10 Exports
Nicknamed the Land of the Morning Calm, South Korea’s exports totaled US$644.4 billion during 2021. That dollar total represents a 25.7% year-over-year acceleration since 2020 and a 12.3% gain over the 5-year period starting in 2017. Based on the average exchange rate for 2021, the South Korean won has depreciated by -1.1% against the US dollar since 2017 but strengthened by … [Read more...] about South Korea’s Top 10 Exports
Thailand’s Top 10 Exports
Located in the Southeast Asian Indochinese peninsula, the Kingdom of Thailand shipped US$266.7 billion worth of goods around the globe in 2021. That dollar amount reflects a 13.1% gain since 2017 and a 16.3% acceleration from 2020 to 2021. Based on the average exchange rate for 2021, Thailand uses the Thai baht which appreciated by 5.7% against the US dollar since 2017 but … [Read more...] about Thailand’s Top 10 Exports
