Exporter Rank

27 / 138

Importer Rank

29 / 138

Trade Balance Rank

16 / 138

Total Trade [1]

Total Exports (2021) $231,522,458,128
Total Imports (2021) $196,189,955,586
Trade Balance (2021) $35,332,502,542
Exports of goods and services (% of GDP) (2021) [2] 21.56%
Imports of goods and services (% of GDP) (2021) [2] 18.86%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
China $53,781,904,497
United States $25,820,254,775
Japan $17,855,409,214
India $13,289,379,460
Malaysia $12,006,469,603
Singapore $11,634,139,477
South Korea $8,980,472,020
Philippines $8,603,714,681
Thailand $7,090,257,098
Vietnam $6,851,269,479

Import Partners

Top 10 Import Countries

Country Import USD$
China $56,227,202,302
Singapore $15,451,683,940
Japan $14,644,286,874
United States $11,308,706,993
Malaysia $9,451,030,469
South Korea $9,427,193,748
Australia $9,425,007,794
Thailand $9,146,469,121
India $7,668,264,668
Vietnam $4,212,975,831

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $45,111,943,901
(15) Fats & Oils $32,831,681,686
(72) Iron & Steel $20,949,788,593
(85) Electrical Machinery $11,776,864,308
(87) Motor Vehicles & Parts $8,638,947,010
(40) Rubber $7,103,216,129
(38) Chemical Products $6,905,408,497
(26) Ores $6,351,108,512
(84) Industrial Machinery $6,307,395,442
(64) Footwear $6,165,241,124

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $28,840,088,962
(84) Industrial Machinery $25,845,785,428
(85) Electrical Machinery $22,338,487,238
(72) Iron & Steel $11,957,118,503
(39) Plastics $10,185,158,193
(29) Organic Chemicals $7,292,449,868
(87) Motor Vehicles & Parts $6,702,341,021
(30) Pharmaceuticals $4,359,646,188
(10) Cereals $4,073,969,401
(23) Animal Feeds $3,950,038,371

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 2/18/2023
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