Who is ASEAN's largest trading partner?

Who are Asean key trading partners

Trade in Goods and Services

ASEAN itself is the largest market for exports of goods from the trade bloc, accounting for 21.7% of total ASEAN exports in 2021, followed by mainland China (16.4%), the US (14.9%), the EU‑27 (8.9%), Hong Kong (6.6%), and Japan (6.6%).

Who is India’s largest trading partner in 2023

US

US emerges as India's biggest trading partner in FY23 at USD 128.55 bn.

Who is the business partner of India

In 2022-23, India had a trade surplus of $28 billion with the US. The data showed that China was India's top trading partner since 2013-14 till 2017-18 and also in 2020-21. Before China, the UAE was the country's largest trading partner.

Who is the main trade partner

Who Does the U.S. Trade Most With In 2021, U.S trade of goods amounted to nearly $4.6 trillion and Canada, Mexico, and China were America's largest trading partners. Those three countries alone combined for a total trade of $1.9 trillion, equal to about 41% of all trade of goods.

What is the largest economy in the ASEAN

List 2022

Rank Country GDP Nominal millions of USD
ASEAN 3,657,636
1 Indonesia 1,318,807
2 Thailand 536,160
3 Singapore 466,789

Who is China biggest trading partner

China's Top Trading PartnersUnited States: US$582.8 billion (16.2% of China's total exports)Hong Kong: $297.5 billion (8.3%)Japan: $172.9 billion (4.8%)South Korea: $162.6 billion (4.5%)Vietnam: $147 billion (4.1%)India: $118.5 billion (3.3%)Netherlands: $117.7 billion (3.3%)Germany: $116.2 billion (3.2%)

Who is the US biggest trading partner

China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals. U.K.

Which top 5 countries are trading partners of India

Largest trading partners with India

Rank Country Exports
1 United States 71.39
2 China 13.60
3 United Arab Emirates 28.76
4 Saudi Arabia 9.69

Is India a partner of the US

India is also one of twelve countries partnering with the United States on the Indo-Pacific Economic Framework for Prosperity (IPEF) to make our economies more connected, resilient, clean, and fair. India is a member of the Indian Ocean Rim Association (IORA), at which the United States is a dialogue partner.

Is China the top trading partner of Vietnam

Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).

Who are the top 3 trading partners

China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals. U.K.

Is Vietnam richer than Indonesia

Vietnam has a GDP per capita of $8,200 as of 2020, while in Indonesia, the GDP per capita is $11,400 as of 2020. Vietnam has a top tax rate of 35.0% as of 2016. In Indonesia, the top tax rate is 30.0% as of 2016. In Vietnam, 3.1% of adults are unemployed as of 2018.

Is Vietnam richer than Philippines

Viet Nam recorded a higher per capita GDP (in constant 2015 USD) than the Philippines in 2020 and 2021.

Is China Vietnam’s top trading partner

Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).

Who is Korea’s largest trading partner

South Korea is heavily integrated into international trade and finance and is subsequently highly vulnerable to external influences, especially from China, which is its main trade partner (26% of total exports in 2022), followed by United States (16%), Vietnam (9.2%), Hong Kong (6%) and Japan (4.8%).

Who are the top 4 trading partners

Largest trading partners with India

Rank Country Trade Balance
1 United States 24.57
2 China -77.12
3 United Arab Emirates -20.12
4 Saudi Arabia -28.93

Who are our top 5 trading partners

List of the largest trading partners of the United States

Rank Country/District Total Trade
World 4,700.0
1 Canada 665.6
2 Mexico 661.2
3 China 655.4

Who is India’s largest trading partner in Asean

Indonesia has emerged as India's largest trading partner in the ASEAN region, with trade seeing an eightfold increase since 2005, reaching an impressive USD 38 billion in FY 2022-23, said Union Finance Minister Nirmala Sitharaman on Sunday.

Who is the world’s largest trading partner

China

China is the top trading partner to more than 120 countries.

Is Vietnam a good trade partner

Economic and Trade Statistics

Vietnam is currently our 10th largest goods trading partner with $89.5 billion in total (two way) goods trade during 2020. Goods exports totaled $9.9 billion; goods imports totaled $79.6 billion.

Is Vietnam allied with China or US

Commercial ties

China is Vietnam's top trading partner, ammounting to about 22.6% of the total exports values of Vietnam and 30% of imports of Vietnam.

Who are the top 5 trading partners

List of the largest trading partners of the United States

Rank Country/District Total Trade
World 4,700.0
1 Canada 665.6
2 Mexico 661.2
3 China 655.4

Is Vietnam or Indonesia better

Attractions. Vietnam could be a better choice for travelers looking to get the most out of their itinerary due to the variety of activities and attractions. However, tourists who are looking to relax and enjoy some natural and cultural attractions are bound to appreciate what Indonesia has to offer.

Is Vietnam a rich or Poor country

Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.

Is Vietnam richer than Singapore

15/10/2020

According to the International Monetary Fund (IMF), Vietnam's GDP in 2020 is estimated to reach USD 340.6 billion, exceeding that of Singapore with USD 337.5 billion; Malaysia with USD 336.3 billion.