What is the best trading country?

What is the most trading country

The United States is the 2nd largest goods exporter in the world, behind only China. U.S. goods exports to the world totaled $2.1 trillion in 2022, up 17.5 percent ($307.3 billion) from 2021.

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).

What are the 3 biggest trading regions in the world

For most economies in the world, their leading export and import trading partner in terms of value is either the European Union or China, and to a certain degree, the United States and Russia.

What is Vietnam’s main export

What are Vietnam's major exports Vietnam's major exports are telephones, mobile phones and parts thereof, making up 21 percent of total exports. Textiles come second making up for12 percent of exports. Does Vietnam rely on imports

Which country is export No 1

CHINA
World's 10 Largest Exporters

NO COUNTRY YEARLY EXPORTS VALUE
1 CHINA $2.64 Trillion
2 UNITED STATES $2.52 trillion
3 GERMANY $1.81 trillion
4 FRANCE $969 billion

Is China the world’s largest trader

Since 2014, China has been not only the world's largest exporter but also the largest trading nation in terms of the sum of its exports and imports. Despite the ongoing coronavirus pandemic, 2021 was another remarkable year in terms of international trade.

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.

What is Vietnam trade rank

Overview In 2021, Vietnam was the number 39 economy in the world in terms of GDP (current US$), the number 18 in total exports, the number 19 in total imports, the number 119 economy in terms of GDP per capita (current US$) and the number 58 most complex economy according to the Economic Complexity Index (ECI) .

What does China trade the most

The great bulk of China's exports consists of manufactured goods, of which electrical and electronic machinery and equipment and clothing, textiles, and footwear are by far the most important. Agricultural products, chemicals, and fuels are also significant exports.

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%).

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.

What is Vietnam famous for

Vietnam is famous for its capital city, Hanoi. It is located in the northern part of the country and is known for its ancient temples, colonial architecture, and vibrant street markets.

What is the highest value export of Vietnam

Export value of leading commodities Vietnam 2022

In 2022, phones and the related components exports had the largest value amongst Vietnam's major commodities exports, at approximately 59.3 billion U.S. dollars.

What are the top 3 exports

Top 5 U.S. ExportsGasoline and Other Fuels.Crude Petroleum.Liquified Natural Gas (LNG) and Other Natural Gases.Civilian Aircraft Parts.Passenger Vehicles.

Who is the No 1 trader in Asia

In this article, we explore these successful traders who hail from Asia and look at their inspiring trading successes.Rakesh Jhunjhunwala (India)Collin Seow (Singapore)Rayner Teo (Singapore)Dolly Khanna (India)Alex Yeo (Singapore)Arun Purdue (India)Radhakishan Damani (India)Raamdeo Agrawal (India)

Why does Vietnam like the US

Unlike with China, we have no territorial disputes with the US. Many Vietnamese people also appreciate the fact that working conditions in US companies that invest here are often better than in Asian companies that invest in Vietnam.

Is Vietnam a free trade country

Vietnam's Free Trade Agreements. Vietnam's accession to the World Trade Organization (WTO) in 2007 marked its ascension as a committed and robust trade partner for the global community. Since then, the country has entered into numerous Free Trade Agreements and Double Tax Avoidance Agreements.

What is Japan’s biggest export

Yearly Trade

The most recent exports are led by Cars ($88.6B), Integrated Circuits ($36B), Motor vehicles; parts and accessories (8701 to 8705) ($33.4B), Machinery Having Individual Functions ($22B), and Photo Lab Equipment ($18.5B).

Who is Asean top trading partner

China
List of the largest trading partners of the ASEAN

Rank Country/District Trade Balance
World 55.0
1 China −107.6
2 United States 145.9
3 European Union 35.7

Who is the Big 5 trading partner of China

List of largest trading partners of China

Rank Country / Territory Total trade
1 United States 759.4
2 South Korea 362.2
3 Japan 357.4
4 Taiwan 319.7

What is the top 1% in Vietnam

An individual in Vietnam now needs a net wealth of $160,000 to join the so-called '1 percent club' of the richest people in the country of 98 million. There were 19,491 people with a net worth of $1-30 million last year, down 6 percent from 2019.

What rank is Vietnam in the world

With a GDP of over 363 billion USD and a population of more than 98.2 million, Vietnam stands at the 30th position in the rankings, only after Singapore (26th position) among the Southeast Asian countries. Meanwhile, Indonesia is ranked 33rd and Thailand 36th.

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.

Why is Vietnam so unique

Vietnam is a multiethnic country with 54 ethnic groups recognized by the government. Each ethnic group has its own language and culture. The Vietnamese (Kinh) people account for roughly 86% of the country's population and mainly reside in deltas and coastal provinces.

What is the economy of Vietnam ranked

36

Worldwide gross domestic product in 2022 was at about 12,749 USD per capita. GDP in Vietnam, on the other hand, reached USD 4,194 per capita, or 408.80 billion USD for the whole country. Vietnam is therefore currently ranked 36 of the major economies. Inflation in Vietnam in 2022 was around 3.16%.