Exporter Rank

26 / 138

Importer Rank

23 / 138

Trade Balance Rank

64 / 138

Total Trade [1]

Total Exports (2021) $266,674,796,256
Total Imports (2021) $268,205,273,798
Trade Balance (2021) ($1,530,477,542)
Exports of goods and services (% of GDP) (2022) [2] 65.79%
Imports of goods and services (% of GDP) (2022) [2] 68.13%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $41,225,330,264
China $36,577,247,209
Japan $24,558,182,724
Vietnam $12,276,403,967
Malaysia $11,875,490,980
Hong Kong $11,412,039,143
Australia $10,696,358,164
Singapore $8,863,825,587
Indonesia $8,774,696,727
India $8,420,802,224

Import Partners

Top 10 Import Countries

Country Import USD$
China $66,426,548,189
Japan $35,572,362,370
United States $14,575,601,426
Malaysia $12,050,784,650
South Korea $9,895,422,063
United Arab Emirates $9,849,988,360
Indonesia $8,219,538,977
Singapore $7,342,436,677
Vietnam $6,947,488,915
Australia $6,420,725,427

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

Top 10 Export Goods

HS Code Export USD$
(84) Industrial Machinery $44,723,994,630
(85) Electrical Machinery $40,010,113,797
(87) Motor Vehicles & Parts $31,627,333,494
(40) Rubber $19,684,245,904
(39) Plastics $15,479,020,551
(71) Precious Stones & Metals $9,916,612,929
(27) Oil & Mineral Fuels $9,635,683,823
(08) Fruit & Nuts $6,173,749,872
(16) Prepared Meats $5,987,632,229
(29) Organic Chemicals $5,606,531,100

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $52,897,986,517
(27) Oil & Mineral Fuels $41,173,486,790
(84) Industrial Machinery $29,952,929,283
(72) Iron & Steel $15,258,776,782
(71) Precious Stones & Metals $12,426,718,706
(39) Plastics $10,735,820,963
(87) Motor Vehicles & Parts $10,204,678,812
(73) Iron & Steel Articles $7,318,234,986
(74) Copper $6,320,113,405
(90) Precision Instruments $6,306,912,633

Sources:

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