New Zealand’s top three trade partners – China, Australia, and the European Union – accounted for approximately half of the total trade with the rest of the world. Japan is New Zealand’s fifth-largest trade partner and accounted for 5.3 percent of the total trade with the rest of the world. 20. Rank 2020 this month. China is also Japan's largest trading partner. In 2018, the total value of bilateral trade between the two countries was about $330 billion with Japanese imports from China valued at $180.7 billion and Japanese exports to China valued at $149.7 billion. Japan has been a WTO member since 1 January 1995 and … Japan trade balance, exports and imports by country. Mexico's imports 2020 by country . These figures do not include services or foreign direct investment. The second lists top trade partners of Indonesia regarding import total (buying). List of the largest trading partners of Australia. Overview: In February 2021 Philippines exported $5.36B and imported $8.51B, resulting in a negative trade balance of $3.16B.Between February 2020 and February 2021 the exports of Philippines have decreased by $-43.9M (-0.81%) from $5.4B to $5.36B, while imports increased by $1B (13.3%) from $7.51B to $8.51B. Americas ten largest trading partners are China, Canada, Mexico, Japan, Germany, South Korea, United Kingdom, France, India and Taiwan. Myanmar's main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong. Mexico and Japan continued to be the top two markets for U.S. exports, while high domestic prices in China led to the largest value of U.S. exports to China since 2013. Merchandise trade statistics with EU in 2020 are compiled based on the new coverage and thus not comparable with EU figures in earlier years. China remained Australia’s largest two-way trading partner in 2018-19 and … Top trading partners (import sources) of Mexico in 2020: USA with a share of 43% (168 billion US$) China with a share of 19.2% (73 billion US$) Korea with a share of 3.83% (14.6 billion US$) Japan with a share of 3.62% (13.8 billion US$) Germany with a share of 3.61% (13.8 billion US$) These figures do not include services or foreign direct investment, but only trade in goods.The fifteen largest Japanese trading partners with their total trade (sum of imports and exports) in billions of US Dollars for calendar year 2017 are as follows: Japan is also the dominant export partner of the following: For a full list of all trading partners and their rankings, see … Japan Exports By Country. Nonetheless, Japan and the UK are, at the same time, perfectly placed to envision a new model of economic partnership between mature and advanced economies, covering not just trade … Explore Subnational Data 30. Merchandise Trade statistics data for Mexico (MEX) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. The second biggest export partner was the UK, with almost €16 billion of exports. Machinery parts for solely use and electronic integrated circuits are Philippines top imports from Japan. Approximately 18% of its total exports go to Japan and 7% of its imports originate there. Pork exports was the other major contributor in 2020, rising by 11 percent. Interesting Facts About Japan Overview: In 2019 Mongolia was the number 128 economy in the world in terms of GDP (current US$), the number 95 in total exports, the number 124 in total imports, the number 114 economy in terms of GDP per capita (current US$) and the number 125 most complex economy according to the Economic Complexity Index (ECI). That is, most products are imported from … Top trading partners (import sources) of China in 2020: Other Asia, nes with a share of 9.76% (200 billion US$) Japan with a share of 8.5% (174 billion US$) Korea with a share of 8.4% (172 billion US$) USA with a share of 6.61% (135 billion US$) Areas, nes with a share of 6.19% (127 billion US$) From a continental perspective, 59.6% of Japan’s total imports by value in 2020 were purchased from fellow Asian countries. https://www.worldstopexports.com/japans-top-import-partners However, the trends observed over time differ for these top trading partners of the EU. , Jun 2, 2021. 50. TRADE AND INVESTMENT AT A GLANCE 2020 13 1 A 2 N 3 TES 4 E REPUBLIC OF OREA Australia’s Top Two-Way Trading Partners 2018-19 Australia’s top ten trading partners in 2018-19 in order were China, Japan, the United States, the Republic of Korea, Singapore, New Zealand, the United Kingdom, India, Malaysia and Thailand. FAS Japan Website. Note : … In 2020, South Korea incurred the highest trade deficits with the following countries. The country exports steel to more than 190 countries and territories, with China, Thailand, South Korea, and India counting among its largest export partners for iron and steel. China's Trading Partners - Top Countries Where China Exports the Most. Main export partners of Japan 2020 Published by C. Diep, Jul 8, 2021 The most important export partner for Japan was China, with a share of 22 percent of all exports in 2020. NET IMPORTERS. Among South Korea’s trading partners that cause the greatest negative trade balances, South Korean deficits with Italy (up 28.2%), France (up 16.3%) and Japan (up 9.2%) grew from 2019 to 2020. The change in exports was 34.27 percent and the change in imports was 55.53 percent. 4 among U.S. trade partners in May. As in previous years, Mitsubishi made it to the top position in the Forbes Global 2000 ranking of … In fact, U.S. exports fell to the top four U.S. trade partners — Mexico, down $9.07 billion; Canada, down $7.49 billion and Japan, down $576.46 million. Philippines imports from Japan stood at USD 1410 million during 2017 and it recorded USD 10196 million in the year 2016. Get in touch with us now. WASHINGTON — In a year marked by negatives, Thailand shored up its status as the No. U.S. exports - top trading partners 2020. In 2020, the principal exporters of Japan were Aichi (¥13.4T), Chiba (¥10.9T), and Osaka (¥9.46T). Switzerland, Vietnam and Taiwan are the only bright spots among the United States top trade partners in 2020, which account for about two-thirds of all U.S. trade … 10. United States: $481 billion 2. We release the most up to date data every month and you can find the latest here. Click here to read about ITC’s work in Myanmar (as of Dec. 2020). Goods exports totaled $64.1 billion; goods imports totaled $119.5 billion. Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world. The U.S. trade deficit in goods and services was $616.8 billion in 2019. Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. ASEAN trade by selected partner country/region. South Korea: $110 billion 5. Merchandise Trade statistics data for Japan (JPN) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. The requested document has been opened in the appropriate software. It had ranked No. Please click here for factsheets about Hong Kong's Commercial Relationship with Major Trading Partners. In 2020, 62% of exports went to markets where Georgia has international representation. In the case of Japan, Tokyo swiftly ended trade with Iran in … After recording a significant and almost continuous fall from nearly 25% in 2000 to 14% in 2011, the share of the United States in EU total trade … Office of Agricultural Affairs, Tokyo. This page gathers key information on Japan's participation in the WTO. Imports were $3.1 trillion and exports were only $2.5 trillion. The Association of Southeast Asian Nations became China’s largest trading partner in the first three months of 2020, surpassing both the EU and the United States. Rank 2020 this month. Top imported products (Million US$) ... World Trade Organization – Trade Profiles 2020. of Japan in 2020: Brazil with a share of 26% (306 million US$) Intra- and extra-ASEAN trade. In 2020… Japan – Vietnam’s top four leading trading partners. The revision takes effect for the data from January 2014 onward. 24/10/2020 181. China. China's imports 2020 by country . and Japan entered into an FTA in February 2019: these two trading partners accounted for nearly 30% of total U.S. trade in 2019. Australia’s top ten trading partners in 2018-19 in order were China, Japan, the United States, the Republic of Korea, Singapore, New Zealand, the United Kingdom, India, Malaysia and Thailand. In fact, U.S. exports fell to the top four U.S. trade partners — Mexico, down $9.07 billion; Canada, down $7.49 billion and Japan, down $576.46 million. Vietnam is a fast-growing U.S. trade partner. The U.S. deficit with Vietnam is also growing rapidly. Japan ranks third as the world's largest economy, and it is a leading economy in Asia. 1. According to Zhang, China is the largest trading partner of Japan and the ROK, and Japan and the ROK are China's fourth and fifth largest trading partners, respectively. The figures of "FDI flow (Based on Balance of Payments, net)" until 2013 were based on the BPM5. Annual. Top Trading Partners - October 2020 Data are goods only, on a Census Basis, in billions of dollars, unrevised. Roberts said 2019 and 2020 were two of the more volatile trade years in recent memory, with Mexico and China trading places several times as the U.S.' top trade partner. 1 The United States exported $1.65 trillion in goods. In 2020, China was the top trading partner of the United States based on import value. The trade balance between the two sides has always been kept at an equilibrium. According to data obtained in the 2018 calendar year, China was the largest partner followed by Japan and the European Union. Year. ( pdf | Excel) Table 19. 1 source of tires imported to the U.S. in 2020, accounting for nearly 21% of tire imports last year by value. and Japan (€135 bn, or 3.4%). The EU27 was the United States’ top trading partner in terms of two-way (exports plus imports) services trade in 2019, while the largest single-country services trading partners were the UK, Canada, Japan, and China. The U.S. Census Bureau's Foreign Trade program is the source of all U.S. trade data. China-Japan trade data and tariff commitments China-Japan trade data Top Trading Partners - Trade Statistics. Main points. The top territories of Japan according to its Economic Complexity Index are Aichi (0.98), Shiga (0.97), and Tochigi (0.85). After recording a significant and almost continuous fall from nearly 25% in 2000 to 14% in 2011, the share of the United States in EU total trade … 20. Vietnam is a fast-growing U.S. trade partner. Total, Top 15 Countries: 1,069.4: 74.7%: 1 : Canada: 255.4: 17.8%: 2 : Mexico: 212.7: 14.9%: 3 : China: 124.6: 8.7%: 4 : Japan: 64.1: 4.5%: 5 : United Kingdom: 59.0: 4.1%: 6 : Germany: 57.8: 4.0%: 7 : Korea, South: 51.2: 3.6%: 8 : Netherlands: 45.5: 3.2%: 9 : Brazil: 35.0: 2.4%: 10 : Taiwan: 30.5: 2.1%: 11 : Belgium: 27.6: 1.9%: 12 : India: 27.4: 1.9%: 13 : France: 27.4: 1.9%: 14 : Singapore: 27.1: 1.9%: … When broken down, this makes Japan the second largest export partner and the third largest import partner. Top trading partners (import sources) of Myanmar in 2020: China with a share of 36% (6.52 billion US$) Singapore with a share of 13.6% (2.45 billion US$) Thailand with a share of 10.7% (1.92 billion US$) Indonesia with a share of 5.96% (1.07 billion US$) Malaysia with a share of 5.62% (1.01 billion US$) | China. China's Trading Partners - Top 5 Countries Where China Has a Positive Trade Balance 1 United States: $324 billion 2 Hong Kong: $295 billion 3 The Netherlands: $61 billion 4 India: $58 billion 5 The United Kingdom: $33 billion 60. Japan does not feature under the top 20 exporters. 5 for the same month last year. Note: The size of the bubble reflects the total merchandise trade value with the trading partner. Top imported products (Million US$) ... World Trade Organization – Trade Profiles 2020. Myanmar's imports 2020 by country . Japan is the third largest economy in the world at $4.9 trillion and China’s second largest trading partner. Value. He noted that the total trade among the three countries has reached more than 700 billion U.S. dollars. These figures include trade in goods and commodities, but do not include services or foreign direct investment.. Bruce Davis. In 2020, Canada was the top trading partner with the United States based on export value. 70. Japan ranked No. 4 among U.S. trade partners in May. 2020. ( pdf | Excel) Table 20. Updated July 26, 2020. Japan is currently our 4th largest goods trading partner with $183.6 billion in total (two way) goods trade during 2020. 015 Russian Federation 23 068 409 Japan 21 253 519 Japan 38 635 200 Australia + 5 482 966 016 Turkey 21 320 096 Ireland 21 120 383 Sweden 38 021 860 Saudi Arabia + 4 903 285 017 Denmark 18 520 949 Turkey 15 343 792 Turkey 36 663 888 Hongkong + 3 945 853 Top exported products (Million US$) 2019. Japan’s unemployment rate was 2.9% at November 2020, up from an average 2.433% for 2020 according to the International Monetary Fund. For a full list of all trading partners and … and Japan (€135 bn, or 3.4%). Top ten ASEAN trade partner countries/regions. 2020. Total exports of goods and services were $84.8 billion, an increase of $4.2 billion from 2018, while total imports were $82.7 billion, an increase of $6.4 billion from 2018. The goods trade deficit with China rose from $347 billion in 2016 to $376 billion in 2017, an increase of $30 billion or 8%. 80. Top trading partners (import of "Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.") Vietnam: $84 billion. Merchandise Trade summary statistics data for Japan (JPN) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as … The top five UK trading partners by total trade in goods, excluding unspecified goods in the first half (January to June) of 2020 were the United States (US), Germany, China, the Netherlands and France; they accounted for 46.0% of UK total trade in goods, excluding unspecified goods in this period. European trade partners supplied 15.7% of import purchases by Japan while 13.8% worth originated from North America. In that year, U.S. imports from China totaled to 435.4 billion U.S. dollars. Top exported products (Million US$) 2019. During this period, ASEAN-China trade increased by 6 percent year-on-year to US$140 billion and accounting for 15 percent of China’s total trade volume. WITH MAJOR TRADING PARTNERS, 2020. 10. As in previous years, Mitsubishi made it to the top position in the Forbes Global 2000 ranking of … ISSAKU HARADA, Nikkei staff writer July 15, 2020 04:36 JST. Merchandise Trade statistics data for Canada (CAN) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. New Zealand’s trade surplus was down $2.2 billion from $4.3 billion in the year ended June 2018. In 2020, Japan and South Korea were the second- and third- largest exporters to Chinese markets, respectively. $141.40B. The state’s top trading partners include China, Mexico, Germany, Korea, and Japan, and 67% of Georgia’s bilateral trade occurs with markets where the state has representation. Japan’s total trade with the United States was $17.92 billion in May, a change of 47.15 percent from the same month one year ago. The Ministry of Finance and the Bank of Japan implemented a major revision of balance of payments related statistics. In terms of total trade, other major Taiwan trading partners include Japan (10.9 percent), the European Union (9.7 percent), and Hong Kong (6.7 percent). Getty Images. Trade impacts were observed for most of Canada’s top 10 trading partners in March 2020 with drops in exports ranging from 3.2% in Japan to 35% in the United Kingdom while drops in imports ranged from 5.1% for Japan to 24% for China. The same year, the principal importers of Japan were Chiba (¥15.9T), Tokyo (¥11.5T), and Osaka (¥9.25T). In 2017, Japan major trading partner countries for exports were United States, China, Korea, Rep., Other Asia, nes and Hong Kong, China and for imports they were China, United States, Australia, Korea, Rep. and Saudi Arabia . (011-81-3) 3224-5102. agtokyo@usda.gov. 5 for the same month last year. NET EXPORTERS. 60. The 15 Largest Trading Partners of Japan. The U.S. goods and services trade deficit with Japan was $48.0 billion in 2020. The Morrison Government is surrounded by state governments, foreign trading partners, local businesses and big investors who are moving ahead to … - Japan Top trading partners: Total goods: 2020 8 European Union, Trade with World - EU Trade flows and balance: Total goods: 2010 - 2020 9 - EU Top trading partners: Total goods: 2020 9 - EU Top product sections: Total goods: 2020 9 Methodological Notes - HS Sections (Harmonized System) 10 The new U.S.-Japan Trade Agreement will provide America’s farmers and ranchers enhanced market access in one of our largest agricultural export markets. Largest Japanese trading companies 2019, by market value. 40. Thailand again top U.S. tire trading partner. $118.79B. The U.S. goods trade deficit with Japan was $55.4 billion in 2020. In 2019, the U.S. trade deficit in goods alone was $866 billion. Australia exported $50.2 billion worth of goods to Japan in 2014 and imported $20 billion, giving Australia a $30.3 billion positive trade balance. Total trade exceeded $137.7 billion last year, spanning 221 unique markets. Japan . In 2020, 62% of exports went to markets where Georgia has international representation. With Japan being a top pick for 2020 among the professionals, Nick Sudbury unearths some of the best funds and trusts for investing in the Land of the Rising Sun. Japan Trade Last Previous Highest Lowest Unit; Balance of Trade -187.15: 253.10: 1608.68-2795.12: JPY Billion: Current Account This is a list of the largest trading partners of Australia. This accounted for 31% of the total value of exports. Vietnam Major Trade Partners. However, June and July exhibited a strong recovery in trade flows. The change in exports was 34.27 percent and the change in imports was 55.53 percent. Imports. It had ranked No. 50. All trading partners are considered important to the development of the Chinese economy, however the title of China's largest partners are ever-changing due to … Click here to read about ITC’s work in Myanmar (as of Dec. 2020). Iron and Steel. 1. Myanmar is a member of the World Trade Organization (WTO) and of the Association of Southeast Asian Nations (ASEAN). Exports. The USA was Ireland’s largest export market in 2019, with almost €47 billion in exports. Top Exporting Partners 2019. Japan is the second-largest iron and steel exporter after China, who dominates the $434 billion global market with a share of 11%. 80 . Hong Kong: $304 billion 3. Japan’s total trade with the United States was $17.92 billion in May, a change of 47.15 percent from the same month one year ago. The economy is heavily dependent on the export sector, and it ranks as the world’s 5 th biggest exporter. Japan: $148 billion 4. Japan ranked No. This statistic shows the trade value of exports from Japan to Canada from 2010 to 2020, in billion Canadian dollars. TRADE AND INVESTMENT AT A GLANCE 2020 13 1 A 2 N 3 TES 4 E REPUBLIC OF OREA Australia’s Top Two-Way Trading Partners 2018-19 Australia’s top ten trading partners in 2018-19 in order were China, Japan, the United States, the Republic of Korea, Singapore, New Zealand, the United Kingdom, India, Malaysia and Thailand. Overview: In September 2020 Malaysia exported MYR88.9B and imported MYR67B, resulting in a positive trade balance of MYR22B.Between September 2019 and September 2020 the exports of Malaysia have increased by MYR11.2B (14.4%) from MYR77.7B to MYR88.9B, while imports decreased by MYR-2.41B (-3.48%) from MYR69.4B to MYR67B. U.S. trade with other nations is worth $4.9 trillion per year. Foreign Trade: U.S. Top Trading Partners Japan and South Korea also feature on China’s top five trading partners’ list. Largest Japanese trading companies 2019, by market value. Number 1 Trading Partner- Canada. According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in the financial year 1951-1952. Annual. Total US-Mexico trade flows decreased by 46.17% in April of this year compared to April 2019 and hit its lowest point in May, with a 53.58% contraction compared to May 2019’s numbers. The first table below shows top trading partners of Indonesia in terms of export sales (selling), including Japan, United States, and Singapore. The top 15 US trading partners account for 71.7 percent of total exports, while the next 15 partners account for 8%percent. Japan Trade Last Previous Highest Lowest Unit; Balance of Trade -187.15: 253.10: 1608.68-2795.12: JPY Billion: Current Account Myanmar's main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong. Japan is one of the most favoured markets for 2020, with many advisors including the country in their top picks for the year. Agricultural Export Yearbook. During 2020, the top 5 US trading partners were Mexico, Canada, China, Japan, and Germany. China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. U.S. Goods Trade. The 20 largest trade partners of Canada represent 94.0% of Canada's exports, and 91.9% of Canada's imports as of December 2016. Total trade exceeded $137.7 billion last year, spanning 221 unique markets. Myanmar is a member of the World Trade Organization (WTO) and of the Association of Southeast Asian Nations (ASEAN). Total, Top 15 Countries: 970.5: 74.7%: 1 : Canada: 232.6: 17.9%: 2 : Mexico: 193.0: 14.9%: 3 : China: 110.0: 8.5%: 4 : Japan: 58.5: 4.5%: 5 : United Kingdom: 54.3: 4.2%: 6 : Germany: 53.0: 4.1%: 7 : Korea, South: 46.4: 3.6%: 8 : Netherlands: 41.4: 3.2%: 9 : Brazil: 31.7: 2.4%: 10 : Taiwan: 27.8: 2.1%: 11 : Belgium: 25.5: 2.0%: 12 : France: 25.2: 1.9%: 13 : Singapore: 24.8: 1.9%: 14 : India: 24.6: 1.9%: 15 : Hong … Even with the ongoing trade war since 2018, the U.S. remains China’s top destination for Value Million US$ 2019 200 541 201 713 2019 2019 3.31 3.52 ... Japan 187 World Trade Organization – Trade Profiles 2020. The first table below shows top trading partners of Vietnam in terms of export sales (selling), including United States, Japan, and China. However, the trends observed over time differ for these top trading partners of the EU. For many years, Japan has always been in the group of four largest trading partners of Vietnam (along with China, the US and South Korea). Among Iran’s other top trading partners in the East, Japan and China stand out for different reasons. Since 2000, the share of U.S. services trade with partners like the UK, Canada, and Japan has decreased, while that of China According to data from the General Administration of Customs, in 2020, China's top five trading partners were ASEAN, the European Union, the United States, Japan and South Korea, with imports and exports of 4.74,4.5,4.06,2.2 and 1.97 trillion yuan respectively, up 7%, 5.3%, 8.8%, 1.2% and 0.7% respectively. Value Million US$ 2019 200 541 201 713 2019 2019 3.31 3.52 ... Japan 187 World Trade Organization – Trade Profiles 2020. They were also the third- and fifth-largest export destinations for Chinese goods. 30. China is also Japan's largest trading partner. 0 . Japan has a well-developed economy where cars, vehicle parts, and integrated circuits comprise the top three exports in the country. United States. In November 2020, Japan signed the Regional Comprehensive Economic Partnership (RCEP) trade agreement, which will lower trade barriers among its 15 Asian members, including China, once it takes effect. Refer the below table to know top 10 Philippines import partners with their value recorded in the year 2017. The state’s top trading partners include China, Mexico, Germany, Korea, and Japan, and 67% of Georgia’s bilateral trade occurs with markets where the state has representation. Top Trading Partners - June 2020 Data are goods only, on a Census Basis, in billions of dollars, unrevised. Top Trading Partners - Trade Statistics. (link is external) More information from the 2020 U.S. 0. 70. In 2019, Taiwan was the United States’ 10th largest goods trading partner, outranking markets such as the Netherlands and Italy, with $85.5 billion in two-way goods trade.
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