Exporter Rank

8 / 127

Importer Rank

7 / 127

Trade Balance Rank

121 / 127

Total Trade [1]

Total Exports (2019) $535,711,018,905
Total Imports (2019) $578,590,151,014
Trade Balance (2019) ($42,879,132,109)
Exports of goods and services (% of GDP) (2020) [2] 176.74%
Imports of goods and services (% of GDP) (2020) [2] 174.92%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
China $296,069,014,549
United States $39,120,065,441
India $15,494,076,517
Japan $15,472,839,822
Singapore $10,769,821,670
Thailand $10,448,306,590
Vietnam $10,286,513,518
Germany $8,852,709,418
Netherlands $8,711,765,424
United Kingdom $8,350,688,851

Import Partners

Top 10 Import Countries

Country Import USD$
China $264,601,840,109
Singapore $37,628,886,920
Japan $33,721,096,484
South Korea $28,274,805,128
United States $27,356,639,990
Malaysia $20,678,208,793
Thailand $11,305,434,611
Switzerland $10,487,298,928
United Kingdom $10,181,288,560
India $10,072,236,553

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

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $300,862,647,229
(84) Industrial Machinery $70,528,117,528
(71) Precious Stones & Metals $54,121,204,309
(90) Precision Instruments $17,942,423,903
(39) Plastics $9,058,871,516
(91) Clocks & Watches $8,200,381,178
(61) Apparel: Knit $6,163,170,586
(62) Apparel: Non Knit $5,500,159,430
(95) Toys & Sport Equipment $5,482,133,652
(42) Leather Products $4,405,641,622

Top 10 Import Goods

HS Code Import USD$
(85) Electrical Machinery $307,677,268,605
(84) Industrial Machinery $66,350,294,938
(71) Precious Stones & Metals $54,299,750,971
(90) Precision Instruments $17,656,864,404
(27) Oil & Mineral Fuels $14,382,096,525
(39) Plastics $8,253,899,006
(91) Clocks & Watches $8,014,549,016
(33) Cosmetics $6,395,343,954
(02) Meat $5,405,874,878
(61) Apparel: Knit $5,264,223,916

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 10/4/2021
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