Asia

Singapore ran an overall trade surplus of US$43.5 billion for 2014. Singapore earned positive trade balances with 141 of the 223 foreign geographic entities with which it exchanges exports and imports for a subtotal surplus of $156.7 billion. Singaporean exports to exceeded Singapore’s imports from Asia by $52.6 billion in 2014. Similarly, Singapore achieved a 5.4 billion … [Read more...] about Singapore Major Product Supply Advantages

South Korea ran an overall trade surplus of US$47.5 billion for 2014. South Korea earned positive trade balances with 143 of the 221 foreign geographic entities with which it exchanges exports and imports. South Korean exports to exceeded South Korea’s imports from North America by $32.1 billion in 2014. Similarly, South Korea achieved a $22.7 billion trading surplus with … [Read more...] about South Korea Major Product Supply Advantages

Japan ran an overall trade deficit of -US$138.4 billion for 2014. However, Japan did earn positive trade balances with 135 of the 216 foreign geographic entities with which it exchanges exports and imports. Japanese exports to exceeded Japan’s imports from North America by $58.3 billion in 2014. The fact that Japan earns these trade surpluses indicates Japanese competitive … [Read more...] about Japan Major Product Supply Advantages

China ran an overall trade surplus of US$384.3 billion for 2014. Drilling down from that total, mainland China earned positive trade balances with 157 of the 219 geographic entities with which it exchanges exports and imports for a subtotal surplus of $1.1 trillion. Chinese exports to exceeded China’s imports from North America by $263.2 billion in 2014. Similarly, China … [Read more...] about China Major Product Supply Advantages