Who is Asean largest trading partner?

China (22 %) is the largest import destination, followed closely by trade among ASEAN countries (22 %). Japan, the United States and the EU all have an 8 % share in ASEAN imports.

Is ASEAN China largest trading partner?

China has remained ASEAN’s largest trading partner for 12 consecutive years, said Ren Hongbin, assistant minister of commerce. In 2020, ASEAN also became China’s largest trading partner.

Who is our largest trading partner?

Year-to-Date Total Trade

Rank Country Exports
Total, All Countries 840.3
Total, Top 15 Countries 595.8
1 Mexico 133.5
2 Canada 148.9

Who does Asia trade with the most?

The top 10 Asian exporters provided 83.2% of all international product sales from Asia during 2020.

Rank Asian Entity 2019-20
1 China +3.7%
2 Japan -9.2%
3 Hong Kong +3.0%
4 South Korea -5.4%

Who are the top 5 trading partners of the Philippines?

Philippines top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 11,574 16.32
Japan 10,675 15.05
China 9,814 13.84
Hong Kong, China 9,625 13.57

Who is China’s biggest trade partner?

Mainland China’s 100 major trade partners account for $2.551 trillion or 98.5% of all exported goods consumed by trade partners that import from the People’s Republic.

Searchable Datalist of Countries Consuming China’s Exports.

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Rank 1.
Importer United States
Exports from China (US$) $452,576,771,000
2019-20 +8.1%

Which country imports the most from China?

List of largest trading partners of China

Rank Country / Territory Imports
1 United States 153.9
2 European Union 197.9
ASEAN 236.4
3 Japan 165.8

Which country exports the most?

Top Export Countries

Rank Country 2020 Export Sales (US$)
1. China $2,590,607,686,000
2. United States $1,431,406,392,000
3. Germany $1,377,863,429,000
4. Japan $640,953,137,000

What is Asia’s biggest export?

Asia’s Major Exported Products

Rank Export Product US$
1. Integrated circuits/microassemblies $540.1 billion
2. Phone system devices including smartphones $423.7 billion
3. Crude oil $421.3 billion
4. Processed petroleum oils $284.6 billion

What is the most imported product in the world?

World’s Top Import Products

Rank Product 2019 Import Purchases
1. Crude oil $1,056,062,568,000
2. Integrated circuits/microassemblies $848,913,525,000
3. Cars $774,285,065,000
4. Processed petroleum oils $663,640,142,000

What is the main export of Southeast Asia?

Leading categories include: tropical oils ($1.7 billion), tree nuts ($1.3 billion), rubber & allied products ($1.3 billion), processed fruit & vegetables ($755 million), and rice ($658 million).

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