Asia Export Data: Key Insights of the Export and Export Trade Partners
The fastest-growing economy is optimizing the revolutionary era because of the wide engagement of the population in different Industrial sectors of the nation residing within it. The manufacturing sector driving the export market of the continent has been on the hike since early 2019, with a total valuation of 5.6 trillion US dollars. The strategic geographical location and the connectivity of routes towards different leading trade estates have been facilitating the responsive rate.
According to the Asia Export Data, the export trade value of the continent in 2023 stood at 6.89 trillion US dollars. The technological evolvement of the central areas and the acquaintance towards the globally leading trends are supporting the sturdy hike in dominating the other leading trade destinations.
What Are the Top 10 Asia Exporting Nations?
The hub for global trade and commerce: the continent of Asia is a renowned location for all the trade leaders for a suitable investment for sustainable future outgrowth. Asia Import Export Trade Data highlights the below-mentioned as the top 10 exporting nations of the continent in 2023.
1. China - According to the China Export Data, valuation of export in 2023 - 2.5 trillion US dollars.
TOP 5 EXPORTED GOODS FROM CHINA
1. Electronic machinery 2. Telecommunication equipment 3. Plastic articles 4. Office machines and parts 5. Passenger vehicles
2. Japan - According to the Japan Export Data, valuation of export in 2023 - 800 billion US dollars.
TOP 5 EXPORTED GOODS FROM JAPAN
1. Cars 2. Vehicle parts 3. Integrated circuits 4. Industrial printers 5. Machinery with specialized functions
3. South Korea - According to the South Korea Export Data, valuation of export in 2023 - 600 billion US dollars.
TOP 5 EXPORTED GOODS FROM SOUTH KOREA
1. Integrated circuits and semiconductors 2. Cars 3. Petroleum products 4. Flat panel displays 5. Ships and floating structure.
4. India - According to the India Export Data, valuation of export in 2023 - 500 billion US dollars.
According to the Asia Export Shipment Data, the top 10 exporting companies of the Asian continent in 2023 are,
1. Saudi Aramco • Location - Saudi Arabia • Net valuation of exports - 2.07 trillion US dollars
2. Toyota Motor Corporation • Location - Japan • Net valuation of exports - 880 billion US dollars
3. Samsung Electronics • Location - South Korea • Net valuation of exports - 700 billion US dollars
4. Taiwan Semiconductor manufacturing companies • Location - Taiwan • Net valuation of exports - 600 billion US dollars
5. Alibaba Group • Location - China • Net valuation of exports - 500 billion US dollars
6. Foxconn • Location - Taiwan • Net valuation of exports - 400 billion US dollars
7. Reliance industries • Location - India • Net valuation of exports - 350 billion US dollars
8. PetroChina • Location - China • Net valuation of exports - 200 billion US dollars
9. Mitsubishi Group • Location - Japan • Net valuation of exports - 150 billion US dollars
10. China National Offshore Oil Corporation • Location - China • Net valuation of exports - 120 billion US dollars
FAQ'S
Que. Name the top exporting company in Asia in 2023. Ans. Saudi Aramco is the top exporting company in Asia in 2023.
Que. Who is the top exporting country of the Asian continent in 2023? Ans. China is the top exporting country of the Asian continent.
Que. What is the top exported good of the Asian continent? Ans. Electronic machinery is the top exported goods of the Asian continent.
Que. Where can you get a detailed trade analysis of the Asia Export data in 2023? Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the Asia Export data in 2023.