Asian Countries Exports to China and the United States

24 April 2018
Asian Countries Exports

China and USA are the biggest goods trading countries in the world. Both are also the biggest buyers for Asian countries. The USA has been stood as the top export destination for most of the Asian nations for last decades but the center of trade for Asia has shifted to China from the USA for some countries like Vietnam in recent years. India is one of few countries in Asia that still counts America as a larger market for goods than China. Let’s have a look at the analysis of USA and China imports from Asian countries.


The exporters in Asia can expand their market in these countries by getting the genuine list of importers of their product. Export Genius provides the trade data of USA and China based on actual shipment details.


Asian Nations Exports to China


The goods exporting countries of Asia include South Korea, Japan, Malaysia, Vietnam, Philippines, Singapore and Indonesia. Asia export to China is raised by 21% value during 2016-17 and stood at USD 1092 million in 2017. Refer the below table to check the export statistics of Asia-China between 2013 and 2017.


asian exports to china

Year

Value (USD Billion)

2017

1092

2016

891

2015

902

2014

890

2013

856

 

China is the main export destination for Asian countries. Subscribe for China import data including the following data fields:


Month, Year, HS Code, Detailed Actual Product Description, Chinese Importer Details, Foreign Exporter Details, Value, Price, Declared Quantity, Customs in Charge, Currency, Payment Terms, Declared Unit, Origin Country, Destination Country, Value in USD, Legal Quantity, Legal Unit, Net Weight, Unit Weight, Shipment Mode, Trade Method, Loading Port, Code of Shipping, Declaration Company and Plant Location.


Asian Nations Exports to the USA


The top countries of Asia exporting goods to the United States are Japan, India, Vietnam, Thailand, South Korea and Malaysia. Asia’s exports to USA have been declined in the year 2017 as per the record of last five years. The export was USD 937 billion in the year 2013 while it was USD 806 million in 2017. Here is the table representing Asia-US export statistics from 2013 to 2017.


Asian Exports to USA

Year

Value (USD Billion)

2017

806

2016

833

2015

843

2014

911

2013

937

 

The United States is the top goods importer in the world. Subscribe for USA import and know the data Fields which we cover in USA Import Report:


Date, Bill of Lading Number, Importer Name, Importer Address, Shipper Name, Shipper Address, Notify Party Name, Notify Party Address, HS Code, Product Description, Quantity, Quantity Unit, Weight, Origin Country, Mode of Transportation, Loading Port, Unloading Port and Container Id.


Analysis of Asian Countries Exports to China and USA


China has displaced the USA over the past decade as the top export market for many countries such as Japan, South Korea, Thailand, Indonesia and the Philippines.


As per the sources, China overtook United States as top export market of Vietnam. The USA was the top buyer of Vietnamese goods for 15 years until it has overtaken in the year 2017 by China. Vietnam exports to China and USA worth USD 50 billion and USD 46 billion respectively during 2017.


South Korea recorded highest exports to China but not majorly exports to USA. Japan recorded highest exports to the United States and it also exports majorly to China. Maximum Asian countries targeted China for their main export market while USA still stood as main export market for some countries like India.


Country

Export to China

Export to USA

South Korea

142

68

Japan

135

132

Malaysia

29

20

Vietnam

50

46

Thailand

29

26

India

12

46

Indonesia

16

16

*Values are in USD billion and recorded in the year 2017


Overall Imports of China and USA from the World


China is importing from various countries in the world such as Korea, Japan, Taipei, USA, Germany, Australia, Malaysia, Brazil, Switzerland etc. China imports of goods from the world recorded USD 1587 billion in 2016 and recorded USD 1334 billion during Jan-Sept 2017. Crude petroleum oil, processors, memories, integrated circuits, soya beans and motor cars are the top products that China imports.


United States of America imports from various countries including China, Mexico, Canada, Japan, Germany, South Korea, UK, Italy and India etc. USA imports from the global market stood at USD 2409 billion during 2017 which was USD 2248 billion in the year 2016. Crude oil, motor car, mobile phones, medicaments, reception machines and data processing machines are the top products that USA imports.


China and USA are the world's largest market where global traders explore their business. It will be easy to do business in these countries after getting the list of right business partners. We provide trade data which includes all the shipment details.


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