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Global Trade Data

Crude Petroleum Oil Exports from OPEC Increase in 2021

Crude petroleum oil exports from the Organization of the Petroleum Exporting Countries (OPEC) were increased in 2021 and stood at US$314,959 million approx. as compared to US$267,024 million approx. in 2020 (excluding Saudi Arabia). Saudi Arabia is the world’s biggest exporter of crude petroleum oil, followed by Iraq, and the United Arab Emirates. OPEC countries shared about 40% of the total world’s crude oil exports in 2021. Here’s a bigger picture of crude oil exports from OPEC.
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Turkey Export Data

Turkey’s Exports Increase to US$23.3 Billion in April 2022

Turkey’s exports increased in April 2022 and reached US$23.3 billion. In March 2022, that dollar amount was US$22,708 million. According to our database, Turkey reported a surge in the value of export shipments in the initial months of 2022. Yearly, Turkey saw a massive increase in total exports that stood at US$225,264 million in 2021, up from US$169,657 million recorded in 2020. Here’s a complete picture of Turkey’s export market with detailed data.
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India Import

India's Imports From China Increased By 34.26% Year-To-Year In May 2022

India's imports from China increased in the year 2022 for the month of May, as compared to the month of May in 2021. The total imports in India from China in 2021 amounted to $103.94 billion. The total imports totaled about $52.7 billion in the year 2022 so far, counting values from January to May. In 2020, China was the top importing country for India, with $70.9 billion worth of import value.
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US Trade Data

USA and Taiwan Join For A New Trade Initiative To Grow Bilateral Trade

On June 1, 2022, Taiwan and the US joined to work on a new trade initiative called the US-Taiwan Initiative on 21st Century Trade. The objective of the initiative is to mark the official beginning of a bilateral trade agreement between both countries. The announcement comes after Taiwan got expelled from the US Indo-Pacific Economic Initiative. The initiative will make a way to launch the bilateral trade agreement between the US and Taiwan and strengthen the ties between both countries.
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