The cost of crude oil imported into the People’s Republic of China totaled US$514.4 billion in 2023. That dollar total for mainland China’s spending on crude petroleum oil increased by 53.4% compared to $335.4 billion five years earlier for 2019. Year over year, China’s imports of crude oil depreciated by -3.9% 2023 versus $535.3 billion in 2022. In contrast, a much lesser … [Read more...] about Top 15 Crude Oil Suppliers to China
Asia
China’s Top Trading Partners
The world’s best exporter as measured by overall sales, mainland China shipped US$3.389 trillion worth of products around the globe in 2023. That dollar amount results from a 35.6% increase compared to $2.498 trillion in 2019. Year over year, the overall value of mainland China’s exported fell by -5.7% from $3.594 trillion for 2022. The value of China’s total exports … [Read more...] about China’s Top Trading Partners
Nepal’s Top Trading Partners
In 2022, Nepal exported US$1.3 million worth of products worldwide. That dollar amount represents a 66.4% gain from $781.1 million five years earlier in 2018. Year over year, the value of Nepal’s total exports reduced by -22% compared to $1.67 billion during 2021. Applying a continental perspective, 77.5% of Nepal's exports by value was delivered to countries in Asia while … [Read more...] about Nepal’s Top Trading Partners
Vietnam’s Top Trading Partners
The Socialist Republic of Vietnam exported US$335.8 billion worth of products in 2021. That dollar metric results from a 56.1% increase from $215.1 billion five years earlier in 2017. Year over year, the overall value of Vietnamese exports accelerated by 19.3% compared to $281.4 billion one year for 2021. Applying a continental lens, almost half (48.3%) of Vietnam's exports … [Read more...] about Vietnam’s Top Trading Partners
Hong Kong’s Top Trading Partners
Nicknamed Pearl of the Orient, Hong Kong is a special administrative region in the People’s Republic of China located on China’s south coast. Hong Kong exported US$611.5 billion worth of goods around the world in 2022. That dollar metric reflects a 7.4% increase in Hong Kong’s export sales compared to $569.1 billion during 2018. Year over year, Hong Kong’s export sales … [Read more...] about Hong Kong’s Top Trading Partners