Sometimes referred to as Chinese Taipei and officially called the Republic of China, the island of Taiwan is surrounded by major trading partners in the People’s Republic of China to its west, Japan to its east and the Philippines to its south. Taiwan exported US$347.2 billion worth of goods around the globe in 2020. That dollar amount reflects a 24.4% gain since 2016 and a … [Read more...] about Taiwan’s Top Trading Partners
Asia
China’s Top Trading Partners
The world’s largest exporter by value, China exported 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. That dollar amount also represents 13.8% of overall global exports (based on the total $19.709 trillion for 2019). Applying a continental lens, almost half (47.6%) of China … [Read more...] about China’s Top Trading Partners
Indonesia’s Top Trading Partners
The Republic Indonesia shipped 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. Applying a continental lens, 70.3% of Indonesia's exports by value were delivered to fellow Asian countries while 12.5% were sold to importers in North America. Indonesia shipped another 11.1% worth … [Read more...] about Indonesia’s Top Trading Partners
Japan’s Top Trading Partners
Known as the Land of the Rising Sun, Japan is a major economic and political power in Asia. Yet it is a North American nation--the United States--that became the number one purchaser of Japanese export products during 2020. The world’s fourth-largest exporter behind China, America and Germany, Japan shipped $641.4 billion worth of goods around the globe in 2020. That dollar … [Read more...] about Japan’s Top Trading Partners
Philippines Top Trading Partners
The Philippines is a densely populated island home to 108.9 million residents located in Southeast Asia. The country’s official name is the Republic of the Philippines. The Philippines exported US$63.9 billion worth of goods around the globe in 2020. That dollar amount reflects a 13.4% increase since 2016 but a -9.2% slowdown from 2019 to 2020. Applying a continental lens, … [Read more...] about Philippines Top Trading Partners
