Comprised of two similarly sized land masses in Southeast Asia, namely Peninsular Malaysia and East Malaysia, Malaysia shipped US$312.7 billion worth of exported products around the world in 2023. That dollar amount reflects a 31.3% advance compared to $238.2 billion five years earlier during 2019. Year over year, the overall value of Malaysian exports shrank by -11.5% from … [Read more...] about Malaysia’s Top 10 Exports
Asia
Mongolia’s Top 10 Exports
A landlocked East Asian nation bordered by economic powerhouses Russia to its north and China to its south, Mongolia shipped US$15.2 billion worth of exported products around the world in 2023. That dollar metric results from a 99.3% acceleration from $7.6 billion five years earlier in 2019. Year over year, the value of Mongolian exports advanced by 20.9% compared to $12.6 … [Read more...] about Mongolia’s Top 10 Exports
Thailand’s Top 10 Imports
Thailand imported US$292 billion worth of products from around the world in 2023. That dollar metric reflects a 21.6% advance compared to $240.1 billion during 2019. Year over year, the overall cost of products imported into Thailand fell -4.7% from $306.3 billion in 2022. Thai imports for 2023 represent around 1.4% of overall global imports which cost $22.432 trillion one … [Read more...] about Thailand’s Top 10 Imports
South Korea’s Top 10 Exports
Nicknamed the Land of the Morning Calm, South Korea’s exports totaled US$632.2 billion during 2023. That dollar total results from a -7.5% year-over-year decline from $683.6 billion in 2022. Enlarging to a 5-year time frame, the value of South Korean exports grew by 16.6% compared to $542.3 billion for 2019. Based on the average exchange rate for 2023, the South Korean won … [Read more...] about South Korea’s Top 10 Exports
Japan’s Top 10 Imports
Japan’s imports totaled US$785.9 billion worth of products in 2023. That dollar amount reflects a 9% increase from $721 billion five years earlier for 2019. Year over year, the overall value of goods imported into Japan withered by -13.2% compared to $905.1 billion during 2022. Based on the average exchange rate for 2023, the Japanese yen depreciated by -28.9% against the US … [Read more...] about Japan’s Top 10 Imports