Exporter Rank

23 / 138

Importer Rank

25 / 138

Trade Balance Rank

10 / 138

Total Trade [1]

Total Exports (2021) $299,230,434,394
Total Imports (2021) $238,249,762,706
Trade Balance (2021) $60,980,671,688
Exports of goods and services (% of GDP) (2022) [2] 73.84%
Imports of goods and services (% of GDP) (2022) [2] 66.91%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
China $46,351,724,874
Singapore $41,847,308,487
United States $34,366,250,028
Hong Kong $18,494,037,028
Japan $18,166,720,214
Thailand $12,646,128,852
Vietnam $10,982,097,603
India $10,905,264,686
Indonesia $9,465,142,517
South Korea $9,087,297,935

Import Partners

Top 10 Import Countries

Country Import USD$
China $55,269,888,372
Singapore $22,618,591,359
United States $18,079,868,272
Japan $17,790,652,583
Indonesia $13,487,958,892
South Korea $12,073,745,894
Thailand $10,999,681,261
Germany $6,152,118,275
India $5,920,421,404
Vietnam $5,735,376,759

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $102,888,158,648
(27) Oil & Mineral Fuels $37,270,171,197
(84) Industrial Machinery $25,048,111,662
(15) Fats & Oils $19,687,841,419
(40) Rubber $16,716,068,189
(90) Precision Instruments $12,652,401,302
(39) Plastics $10,282,728,679
(76) Aluminum $7,270,189,711
(72) Iron & Steel $6,634,281,091
(38) Chemical Products $6,056,864,985

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $71,444,074,687
(27) Oil & Mineral Fuels $29,864,879,130
(84) Industrial Machinery $21,660,998,317
(39) Plastics $9,578,494,545
(72) Iron & Steel $7,340,953,591
(71) Precious Stones & Metals $6,414,891,411
(90) Precision Instruments $6,348,223,674
(87) Motor Vehicles & Parts $5,921,318,526
(40) Rubber $5,810,079,227
(38) Chemical Products $4,688,463,745

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
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