The world’s largest exporter by value, mainland China exported an estimated US$3.369 trillion worth of goods around the globe in 2021. That dollar amount reflects a 48.3% gain since 2017 and a 30.1% acceleration from 2020 to 2021. The value of China’s total exports also represents 19.2% of overall global exports (based on the total $17.503 trillion for 2020). Applying a … [Read more...] about China’s Top Trading Partners
Asia
Japan’s Top Trading Partners
The world’s fourth-largest exporter behind China, America and Germany, Japan shipped US$756 billion worth of goods around the globe in 2021. That dollar amount reflects a 17.9% gain since 2020 and an 8.3% increase from 2017 to 2021. Known as the Land of the Rising Sun, Japan is a major economic and political power in Asia. Mainland China was the number one purchaser of … [Read more...] about Japan’s Top Trading Partners
Hong Kong’s Top Trading Partners
Nicknamed Pearl of the Orient, Hong Kong is a special administrative region in the People’s Republic of China located on China’s south coast. Hong Kong exported US$672 billion worth of goods around the world in 2021. That dollar amount reflects a 22.2% gain since 2017 and a 21.9% uptick from 2020 to 2021. Hong Kong is a trading hub heavily involved in re-exporting. Even … [Read more...] about Hong Kong’s Top Trading Partners
Malaysia’s Top Trading Partners
Malaysia consists of two similarly sized regions in southeast Asia: Peninsular Malaysia and East Malaysia (Malaysian Borneo). The country shares it borders with Brunei, Indonesia, Philippines, Singapore, Thailand and Vietnam. Malaysia exported US$299 billion worth of goods around the globe in 2021. That dollar sum reflects an 37.4% gain since 2017 and a 28% acceleration from … [Read more...] about Malaysia’s Top Trading Partners
Thailand’s Top Trading Partners
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. That dollar figure represents roughly 1.5% of overall global exports estimated at $17.503 trillion on year earlier during 2020. The 5 biggest trading partners purchasing Thailand’s exported … [Read more...] about Thailand’s Top Trading Partners