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 |
Who is China’s biggest import partner
In 2019, China major trading partner countries for exports were United States, Hong Kong, China, Japan, Korea, Rep. and Vietnam and for imports they were Korea, Rep., Other Asia, nes, Japan, United States and Australia.
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).
How many countries is China the largest trading partner
Trading Places: A Global Shift
The results are stark: before 2000, the U.S. was at the helm of global trade, as over 80% of countries traded with the U.S. more than they did with China. By 2018, that number had dropped sharply to just 30%, as China swiftly took top position in 128 of 190 countries.
Is ASEAN China largest trading partner
Our two sides have been each other's largest trading partner for many years. With countries overcoming the pandemic and adjusting or lifting their pandemic prevention and control measures accordingly, the prospects for China-ASEAN economic and trade cooperation have become more promising.
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%).
Which country is China’s biggest importer
Destinations In May 2023, China exported mostly to United States ($42.5B), Hong Kong ($20.4B), Japan ($12.5B), South Korea ($12.3B), and Vietnam ($11.1B), and imported mostly from Taiwan ($15.1B), United States ($14.3B), Australia ($13.6B), South Korea ($12.8B), and Brazil ($12.5B).
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.
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.
Who is China’s biggest export market
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 largest trading partner in Asia
China
China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan. Given their proximity, those countries are hardly a surprise. But it is also the top trader with Russia—and Ukraine.
Which ASEAN countries support China
China was given the nod by the majority of respondents from seven of the 10 ASEAN countries, with 69% from Brunei favoring the country, 58% from Cambodia, 52% from Indonesia, 74% from Laos, 61% from Malaysia, 62% from Myanmar and 52% from Thailand.
Who does Japan trade with the most
Japan's Top Trading PartnersChina: US$144.7 billion (19.4% of total Japanese exports)United States: $139.5 billion (18.7%)Sout Korea: $54.3 billion (7.3%)Taiwan: $52.3 billion (7%)Hong Kong: $33.2 billion (4.4%)Thailand: $32.5 billion (4.3%)Singapore: $22.4 billion (3%)Germany: $19.6 billion (2.6%)
What are Asean’s main trading partners
Total Trade
The most common destination for the exports of ASEAN are China ($283B), United States ($266B), Hong Kong ($112B), Japan ($111B), and Singapore ($84.5B).
Who is China’s biggest trading partner 2023
Destinations In May 2023, China exported mostly to United States ($42.5B), Hong Kong ($20.4B), Japan ($12.5B), South Korea ($12.3B), and Vietnam ($11.1B), and imported mostly from Taiwan ($15.1B), United States ($14.3B), Australia ($13.6B), South Korea ($12.8B), and Brazil ($12.5B).
Who is Vietnam’s main ally
Vietnam has forged comprehensive strategic partnerships — the highest diplomatic designation — with China, India, Russia, and, most recently, South Korea. Many of Vietnam's strategic partners are U.S. allies, such as Japan, Australia, and the United Kingdom.
Why did China want Vietnam
In the late 1950s and early 1960s, Beijing's propaganda expressed it to be “a natural ally of the oppressed peoples of the world in their struggle for national liberation,” justifying efforts to help North Vietnam.
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.
What are Vietnam’s top 2 exports
Vietnam main exports are: telephones, mobile phones and parts thereof (21 percent of total shipments) and textiles (12 percent).
What are China’s 3 biggest exports
So, what are the top 10 Chinese exportsElectrical Machinery and Equipment – US$804.5 billion (26.6% of total exports from China)Machinery including Computers – US$492.3 billion (16.3% of total exports)Furniture, Bedding, Lighting, Signs & Prefabricated Buildings – US$126.3 billion (4.2% of total exports)
Which country does China export the most to
China exported $438 billion worth of materials and goods to the United States in 2021. The United States received $176 billion more in exports from China in 2021 than the country that is second on this list. Hong Kong was number two in terms of China exports by country in 2021.
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)
What are China’s top 3 trading partners
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%)
Is Vietnam part of ASEAN
Vietnam became A full member of ASEAN on 28 July 1995. With Vietnam's Membership, ASEAN now represents a market of about 420 million people and a regional Gross Domestic Product (GDP) of over US $ 500 billion.
How many countries support China
China, officially the People's Republic of China (PRC), has full diplomatic relations with 179 out of the other 193 United Nations member states, Cook Islands, Niue and the State of Palestine.
