Main economies of Asia Pacific

1. East Asia


Countries: China, Hong Kong, Macau, Japan, Mongolia, North Korea*, South Korea and Taiwan

Population: 96,033,121.84

Area: 11,727,055 sq. km

Combined GDP: USD$21.218trillion

GDP per capita: US$30,575

Main languages: Chinese, English, Japanese, Portuguese, Mongolian, Korean

Largest cities:

1. Tokyo

2. Shanghai

3. Beijing

4. Osaka

5.Chongqing

Total trade: US$10,297,678 million

Total import: US$4,993,838 million

Total export: US$5,303,840 million

International tourism, number of arrivals: 159,114,601 (2017)


Most visited countries:

1.China

2. Japan

3. Hong Kong

4. Macao

5. South Korea

Container port traffic: 283,821,368 TEU: 20-foot equivalent units (2017) ^


Countries with highest total volume of container port traffic:

1. China

2. South Korea

3. Japan

4. Hong Kong

5. Macau

Air transport, freight (2018): 59,324 million ton-km ^^

*North Korea does not disclose any statistics on its economy

^No data from Mongolia

^^No data from Taiwan


2. Southeast Asia Countries: Brunei, Cambodia, East Timor, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam Population: 641,775,797 Area: 4,545,792 km2 Combined GDP: US$2.557 trillion GDP per capita: US$4,018

Main languages: Burmese, English, Filipino, Khmer, Lao, Malay, Malaysian, Indonesian, Mandarin, Portuguese, Tamil, Tetum, Thai, Vietnamese

Largest cities: 1. Jakarta 2. Bangkok 3. Singapore 4. Ho Chi Minh City (Saigo) 5. Bandung Total trade: Total imports: US$1,696 billion Total exports: US $1821 billion International tourism, number of arrivals: 121,661,000 (2017)

Most visited countries: 1. Thailand 2. Malaysia 3. Indonesia 4. Singapore 5. Vietnam Container port traffic: 105,072,118 TEU: 20-foot equivalent units (No date for East Timor and Laos)

Countries with highest total volume of container port traffic: 1. Singapore 2. Malaysia 3. Indonesia 4. Vietnam 5. Thailand

Air transport, freight (2018): 11851 million ton-km ^

^No data from East-Timor


3. APEC

Countries: United States, Australia, Brunei Darussalam, Canada, Chile, China, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, The Philippines; Russia; Singapore; Republic of Korea, Chinese Taipei, Thailand, and Vietnam

Population: 2,903,111,590 Area: 62,829,624.19sq. km Combined GDP: 1,236,927,070 GDP per capita: 25387 Main languages: Chinese, English, Korean, Mandarin, French, Malay, Maori, New Zealand sign language, Pilipino, Russian, Spanish, Tamil, Thai, Vietnamese Largest cities: 1. Tokyo 2. Shanghai 3. Beijing 4. Osaka

5. Dhaka

Total trade: US$ 22,922,270 million Total imports: US$ 11,485,316 million Total exports: US$ 11,436,954 million

International tourism, number of arrivals: 424,387,000 (2017)

Most visited countries: 1. China 2. Japan 3. Hong Kong 4. Malaysia

5. Macau

Container port traffic: 488,602,589 TEU: 20-foot equivalent units (2017)

Countries with highest total volume of cargo:

1. China

2. United States

3. Singapore

4. South Korea

5. Malaysia

Air transport, freight (2018): 130,394.00 million ton-km^

^No data from Taiwan


4. Hong Kong

Official languages: Chinese, English Population: 7,450,000 (2018) Area: 1,1 10 km2

Political system: A special administrative region of China under “one country, two systems” principle. Under the quasi- constitutional document, the Hong Kong basic law, there is its own legislature; the Chief Executive as the head of government, the judiciary is independent from the legislative and executive branches Economic system: highly developed free-market economy with low taxation, almost free port trade and well established international financial market GDP: US$ 364.8 billion (2018) GDP per capita: US$48,958 (2018)

Industrial structure (2018): Agriculture 0% Industry 7% Manufacturing 1% Services (value added) 88.6% Total import: US$ 605.3 billion Total export: US$ 533.1 billion

Top exports: (2017)

  1. Gold

  2. Broadcasting equipment

  3. Integrated circuits

  4. Diamonds

  5. Telephones

Top imports:

  1. Integrated circuits

  2. Broadcasting equipment

  3. Gold

  4. Office machine parts

  5. Telephones

Top import origins:

  1. China

  2. Singapore

  3. Other Asia

  4. South Korea

  5. Japan

Top export destinations:

  1. China

  2. Thailand

  3. Other Asia

  4. India

  5. Vietnam

Foreign direct investment (2018)

Inflow: USD 115 billion; Outflow: USD 85 billion

Main investing countries: China, the British Virgin Islands, the Cayman Islands, the United Kingdom, the Netherlands, the United States, Bermuda and Japan

Information site:

1. Business and Trade (HK government information) https://www.gov.hk/en/business/

2. HK Trade Development Council https://aboutus.hktdc.com/

3. Commerce and Economic Development Bureau https://www.cedb.gov.hk/about/index.htm


5. China

Population: 1,392,730,000 Area: 9,562,910 km2 Official languages: Standard Chinese Political system: A socialist republic run by a single party, the Communist Party of China. The National People’s Congress id the highest organ of state power and the national legislature of China. The People’s Courts are judicial organs exercising judicial power on behalf of the states.

Economic system: Socialist market economy Gross domestic product (GDP): US$ 13 trillion GDP per capita: US$ 9770.8 Industrial structure (2018) Agriculture: 7% Industry: 41% Manufacturing: 29% Services (value added): 52.2%

Total import: US$ 2.549 trillion Total export: US$ 2.656 trillion

Top exports: 1. Broadcasting 2. Computers 3. Office machine parts 4. Integrated circuits 5. Telephones

Top imports: 1. Integrated circuits 2. Crude petroleum 3. Iron ore 4. Cars 5. Gold Top import origins: 1. Other Asia 2. South Korea 3. Japan 4. United States 5. Germany

Top export destination: 1. United States 2. Hong Kong 3. Japan 4. Germany 5. South Korea

Foreign direct investment (2018)

Inflow: USD 139 billion; Outflow: USD 129 billion

Principal investors Hong Kong, Singapore, the Virgin Islands, South Korea, Japan, the United States, the Cayman Islands, the Netherlands, Taiwan, and Germany

Information sites:

1. Ministry of Foreign Affairs: https://www.fmprc.gov.cn/

2. Ministry of Commerce http://english.mofcom.gov.cn/

3. Invest in China http://www.fdi.gov.cn/


6. Australia

Population: 24,992,370 Area: 7,741,220 km2 Official languages: English Political structure: Federal democracy with a bicameral legislature, the prime minister is the leader of the majority party or largest party in a coalition of parties in the House of Representatives, the judiciary is independent from the other arms of government Economic system: mixed economy system with a economy of a variety freedom, combined with centralized economic planning and government regulation GDP: US$ 1,432,195 million GDP per capita: US$ 57,305.3 Industrial structure (2018) Agriculture: 3% Industry: 24% Manufacturing: 6% Services (value added): 66.6% Total import: US$ 305,306.57 million Total export: US$ 310,569.72 million

Top exports: 1. Iron ore 2. Coal briquettes 3. Gold 4. Petroleum gas 5. Wheat

Top imports: 1. Cars 2. Refined petroleum 3. Special purpose ships 4. Broadcasting equipment 5. Delivery trucks

Top import origins: 1. China 2. United States 3. South Korea 4. Japan 5. Thailand

Top export destinations: 1. China 2. Japan 3. South Korea 4. India 5. Hong Kong

Foreign direct investment (2018)

Inflow: USD 60 billion

Outflow: USD 3 billion

Principal investors:

United States, United Kingdom, Belgium, Japan, Hong Kong, Singapore, the Netherlands

Information sites:

1. Australia government – business https://www.business.gov.au/

2. Australian Trade and Investment Commission https://www.austrade.gov.au/

3. Department of Foreign Affairs and Trade https://dfat.gov.au/


7. Bangladesh

Population: 161,356,040 Area: 147,630 km2 Official languages: Bengali Political system: parliamentary democracy, the presidents are elected by the members of parliament Economic system: mixed economy GDP: US$ 274,024.96 million GDP per capita: US$1,698.3 Industrial structure (2018) Agriculture: 13% Industry: 29% Manufacturing: 18% Services (value added): 53% Total import: US$ 64,242.23 million Total export: US$ 40,558.32 million

Top exports:

  1. Non-knit men’s suits

  2. Knit T-shirts

  3. Knit sweaters

  4. Non-knit women’s suit

  5. Non-knit men’s shirts

Top imports:

  1. Refined petroleum

  2. Raw cotton

  3. Heavy pure woven cotton

  4. Wheat

  5. Raw sugar

Top import origins:

  1. China

  2. India

  3. Singapore

  4. Japan

  5. Brazil

Top export destinations:

  1. Germany

  2. United States

  3. United Kingdom

  4. Spain

  5. France

Foreign direct investment (2018)

Inflow: USD 3 billion

Outflow: USD 23 billion

Principal investors:

China, South Korea, India, Egypt, the United Kingdom, the United Arab Emirates and Malaysia

Information sites:

1. Bangladesh investment development authority http://www.boi.gov.bd/

2. Ministry of commerce https://mincom.gov.bd/

3. Ministry of foreign affairs https://mofa.gov.bd/


8. Brunei

Population: 428,962 Area: 5,270 sq. km Official language: Malay Political system: absolute monarchy or sultanate; the sultan and prime minister are hereditary; Supreme court judges and legislative council members are appointed by the monarch. Economic system: mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation GDP: US$ 13.567 billion GDP per capita: US$ 31,627 Economy structure: Agriculture: 1% Industry: 63% Manufacturing: 14% Services, value added: 37.3% Total import: 5.693 billion Total export: 7.046 billion

Top export: 1. Petroleum gas 2. Crude petroleum 3. Acyclic alcohols 4. Aircraft parts 5. Electrical power accessories

Top import: 1. Refined petroleum 2. Cars 3. Gas turbines 4. Iron structures 5. Engines parts

Top import origins: 1. China 2. Singapore 3. Malaysia 4. United States 5. United Kingdom

Top export destination: 1. Japan 2. South Korea 3. Malaysia 4. Thailand 5. India

Foreign direct investment:

Inflow: US$ 511 million; Outflow: US$ 507 million

Principal investors: No data

Cross-border merger and acquisition major destinations: Malaysia, Singapore, South-East Asia, Asia and Oceania Announced greenfield investment project destinations: Malaysia, Singapore, South-East Asia, Asia and Oceania

Information sites:

1. Invest Brunei https://www.gov.bn/SitePages/Invest%20In%20Brunei.aspx

2. Ministry of finance and economy https://www.mofe.gov.bn/sitepages/home.aspx

3. Ministry of affair http://www.mfa.gov.bn/site/home.aspx


9. Cambodia

Population: 16,249,798 Area: 181,040 sq. km Official language: Khmer Political system: Multiparty Democracy under a Constitutional Monarchy, a heredity king. The prime minister is voted on by the assembly and appointed by the king; Judges of both courts are appointed by the monarch; bicameral parliament Economic system: mixed economic system, self-defined as a planned economy with markets, in which the economy includes a variety of private freedom, combined with centralized economic planning and government regulation.

GDP: US$24.572 billion GDP per capita: US$ 1,512 Economy structure: Agriculture: 22% Industry: 32% Manufacturing: 16% Services, value added: 39.5% Total import: US$15.555 billion Total export: US$ 15.135 billion

Top export: 1. Knit sweaters 2. Knit women’s suits 3. Non-knit women’s suits 4. Knit T-shirts 5. Non-knit men’s suits

Top import: 1. Gold 2. Light rubberized knitted fabric 3. Refined petroleum 4. Rolled tobacco 5. Cars

Top import origins: 1. China 2. Singapore 3. Hong Kong 4. South Korea 5. Indonesia

Top export destination: 1. United States 2. Germany 3. United Kingdom 4. Japan 5. France

Foreign direct investment:

Inflow: US$ 3.301 billion

Outflow: US$ 123 million

Principal investors: China (Chinese FDI alone surpassed all other FDI sources combined), Hong Kong, the US and the Netherlands

Information sites:

1. The Council for the Development of Cambodia (CDC) http://www.cambodiainvestment.gov.kh/

2. Ministry of economy and finance https://www.mef.gov.kh/

3. Ministry of commerce https://www.moc.gov.kh/en-us/


10. India

Official languages: Hindi, English Population: 1,352,617,330 Area: 3,287,259 km2 Political system: federal republic with the president as the chief of state and the prime minister as the head of government Economic system: market economy which the prices of goods and services are determined in a free price system GDP: US$ 2,726,322.62 million GDP per capita: US$ 2015.6 Total import: US$ 638,781.69 million Total export: US$ 536,965.03 million Industrial structure (2018): Agriculture: 14% Manufacturing: 15% Industry: 27% Services (value added): 49%

Top exports:

  1. Refined petroleum

  2. Diamonds

  3. Package medicaments

  4. Jewellery

  5. Rice

Top imports:

  1. Crude petroleum

  2. Gold

  3. Diamonds

  4. Coal briquettes

  5. Petroleum gas

Top import destination:

  1. China

  2. United States

  3. United Arab Emirates

  4. Switzerland

  5. Saudi Arabia

Top export destination:

  1. United States

  2. United Arab Emirates

  3. China

  4. Hong Kong

  5. Germany

Foreign direct investment (2018)

Inflow: USD 42 billion

Outflow: USD 11 billion

Principal investors: Singapore, Mauritius, the Netherlands, the U.S., Japan, the U.K., Germany, France, the U.A.E., and Cyprus

Information sites:

1. Ministry of Commerce https://commerce.gov.in/

2. Ministry of Finance https://www.finmin.nic.in/

3. Department of Industrial Policy and Promotion https://dipp.gov.in/


11. Indonesia

Official languages: Indonesian Population: 267,663,430 Area: 1,913,580 km2 Political system: constitutional democracy with a multi-party system which the head of state and the head of government is the president of Indonesia; legislative, executive and judicial branch operates separately Economic system: Indonesia has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation GDP: US$ 1,042,173.30 million GDP per capita: US$ 3,893.6 Total import: US$ 229,861.43 million Total export: US$ 218,498.87 million Industrial structure (2018): Agriculture: 13% Industry: 40% Manufacturing: 20% Services (value added): 43.4%

Top exports:

  1. Coal briquettes

  2. Palm oil

  3. Petroleum gas

  4. Rubber

  5. Crude petroleum

Top imports:

  1. Refined petroleum

  2. Crude petroleum

  3. Telephones

  4. Vehicle parts

  5. Petroleum gas

Top import destination:

  1. China

  2. Singapore

  3. Japan

  4. Malaysia

  5. Thailand

Top export destination:

  1. China

  2. United States

  3. Japan

  4. India

  5. Singapore

Foreign direct investment (2018)

Inflow: USD 21 billion

Outflow: USD 8 billion

Principal investors:

China, Japan, United States, India, Singapore, South Korea, Malaysia, the Philippines, Thailand, Vietnam

Information sites:

1. Indonesian Chamber of Commerce and Industry https://bsd-kadin.org/

2. Ministry of trade https://www.kemendag.go.id/en

3. Ministry of foreign affairs https://kemlu.go.id/portal/en


12. Japan

Official languages: Japanese Population: 126,529,100 Area: 377,970 km2 Political system: multi-party bicameral parliamentary representative democratic constitutional monarchy which the Emperor is the ceremonial head of state and the Prime Minister is the head od government and the head of Cabinet, which directs the executive branch Economic system: free market system, highly diversified manufacturing and service economy GDP: US$ 4,970,915.56 million GDP per capita: US$ 39,286.7 Total import: US$ 818,383.33 million Total export: US$ 863,818.61 million Industrial structure (2018): Agriculture: 1% Industry: 29% Manufacturing: 21% Services (value added): 69.1%

Top exports:

  1. Cars

  2. Vehicle parts

  3. Integrated circuits

  4. Machinery having individual functions

  5. Industrial printers

Top imports:

  1. Crude petroleum

  2. Petroleum gas

  3. Broadcasting equipment

  4. Integrated circuits

  5. Coal briquettes

Top import origins:

  1. China

  2. United States

  3. South Korea

  4. Other Asia

  5. Hong Kong

Top export destinations:

  1. China

  2. United States

  3. Australia

  4. South Korea

  5. Saudi Arabic

Foreign direct investment (2018)

Inflow: USD 9 billion

Outflow: USD 143 billion

Principal investors: United States, United Kingdom, Cayman Islands, France, South Korea, Germany, Thailand

Information sites:

1. JETRO - Japan External Trade Organisation https://www.jetro.go.jp/

2. Ministry of Finance https://www.mof.go.jp/english/

3. Japan Fair Trade Commission (JFTC) https://www.jftc.go.jp/en/index.html


13. Laos

Population: 7,061,510 Area: 236,800 km2 Official languages: Lao Political system: one-party socialist republic Economic system: mixed economy which gradual economic and business reforms have been implemented to liberalize its domestic markets GDP: US$ 18,130.72 million GDP per capita: US$ 2,567.5 Industrial structure (2018) Agriculture: 16% Industry: 32% Manufacturing: 11% Services (value added) 41.6% Total import: US$ 6,991.69 (2017) Total export: US$ 5,787.43 (2017)

Top exports:

  1. Copper ore

  2. Rubber

  3. Gold

  4. Rough wood

  5. Non-knit men’s suits

Top imports:

  1. Broadcasting equipment

  2. Delivery trucks

  3. Iron structure

  4. Other steel bars

  5. Hydraulic turbines

Top import origins:

  1. China

  2. Japan

  3. South Korea

  4. Austria

  5. the Czech Republic

Top export destinations:

  1. China

  2. India

  3. Japan

  4. United States

  5. Germany

Foreign direct investment

Inflow: USD 1 billion (2018)

Outflow: USD 10 million (2017)

Principal investors:

China, Thailand, Vietnam

Information sites:

1. Ministry of Finance https://www.mof.gov.la/

2. Lao PDR trade portal https://www.laotradeportal.gov.la/

3. Ministry of planning and investment, investment promotion department http://www.investlaos.gov.la/


14. Malaysia

Official languages: Bahasa Malaysia Population: 31,528,580 Area: 330,345 km2 Political system: constitutional monarchy with a bicameral legislative branch, an executive branch and a judicial branch Economic system: mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation GDP: US$ 354,348.42 million GDP per capita: US$ 11,239.0 Total import: US$ 221,725.44 million Total export: US$ 246,919.42 million Industrial structure (2018): Agriculture: 8% Industry: 39% Manufacturing: 22% Services (value added): 52%

Top exports: 1. Integrated circuits 2. Refined petroleum 3. Office machine parts 4. Petroleum gas 5. Palm oil

Top imports: 1. Integrated circuits 2. Refined petroleum 3. Crude petroleum 4. Broadcasting equipment 5. Office machine parts

Top import destination: 1. China 2. Singapore 3. United States 4. Japan 5. Other Asia

Top export destination: 1. China 2. Singapore 3. United States 4. Japan 5. Hong Kong

Foreign direct investment (2018)

Inflow: USD 8 billion

Outflow: USD 5 billion

Principal investors:

China, Indonesia, Netherlands, Japan, United States

Information sites:

1. Malaysian Industrial Development Authority (MIDA) https://www.mida.gov.my/home/

2. National Chamber of Commerce and Industry of Malaysia http://www.nccim.org.my/

3. Companies Commission of Malaysia (SSM) https://www.ssm.com.my/


15. Myanmar

Official languages: Burmese Population: 53,708,390 Area: 676,590 km2 Political system: unitary parliamentary republic with a single-party socialist system Economic system: Agricultural economy; mixed economy with a private, state and a joint private-state sector GDP: USD$68,668 million GDP per capita: USD$1,279 Industrial structure (2018): Agriculture: 25% Industry: 32% Manufacturing: 24% Services (value added): 43.2% Total import: US$ 18,673.79 million (2017) Total export: US$ 13,320.13 million (2017)

Top exports: 1. Manufactured consumer goods 2. Food and agricultural products 3. Chemical, industrial and fuel products 4. Metals and articles thereof 5. Machinery and complex manufactured products Top imports: 1. Chemical and fuel products 2. Machinery and complex manufactured products 3. Manufactured consumer goods 4. Food and agricultural products 5. Metals and metal products Top import origins: 1. China 2. Singapore 3. Thailand 4. India 5. Indonesia

Top export destinations: 1. China 2. Thailand 3. Japan 4. India 5. Hong Kong

Foreign direct investment (2018)

Inflow: USD 3 billion

Outflow: no data

Principal investors:

Singapore, China, The Netherlands, Japan, Hong Kong

Information sites:

1. Hong Kong Macau and Myanmar Chamber of Commerce & Industry http://hkmmcci.org/

2. Myanmar-Directorate of Investment and Company Registration https://www.dica.gov.mm/en/

3. Ministry of Commerce https://www.commerce.gov.mm/


16. New Zealand

Population: 4,885,500 Area: 267,710 km2 Official languages: Māori, New Zealand sign language, while English is the predominant language spoken Political system: parliamentary monarchy with a unicameral legislature, the head of the government is the prime minister, the leader of the governing party in the parliament; the judiciary is independent from the executive and legislative power Economic system: free market economy GDP: US$ 205,024.94 million GDP per capita: US$ 41,966.0 Industrial structure (2018) Agriculture: 7% Industry: 9% Manufacturing: 10% Services (value added): 65.6% Total import: US$ 54,052.54 million Total export: US$ 55,850.88 million

Top exports:

  1. Concentrated milk

  2. Sheep and goat meat

  3. Butter

  4. Rough wood

  5. Frozen bovine meat

Top imports:

  1. Cars

  2. Crude petroleum

  3. Refined petroleum

  4. Delivery trucks

  5. Broadcasting equipment

Top import origins:

  1. China

  2. Australia

  3. United States

  4. Japan

  5. Germany

Top export destinations:

  1. China

  2. Australia

  3. United States

  4. Japan

  5. South Korea

Foreign direct investment (2018)

Inflow: USD 1 billion

Outflow: USD 404 million

Principal investors:

Canada, Australia, Hong Kong, Japan and Cayman Islands, US

Information sites:

1. Ministry od business, innovation & employment https://www.mbie.govt.nz/

2. New Zealand Now https://www.newzealandnow.govt.nz/

3. New Zealand Foreign affairs & trade https://www.mfat.govt.nz/


17. Philippines

Official languages: Filipino, English Population: 106,651,920 Area: 300,000 km2 Political system: the government with the president as the chief of state and head of government Economic system: mixed economic with a variety of private freedom, combined with centralised economic planning and government regulation GDP: US$ 330,910.34 million GDP per capita: US$ 3102.7 Industrial structure (2018): Agriculture: 9% Industry: 31% Manufacturing: 19% Services (value added): 60% Total import: US$ 146,840.63 million Total export: US$ 104,845.65 million

Top exports:

  1. Integrated circuits

  2. Office machine parts

  3. Computers

  4. Semiconductor devices

  5. Insulated wire

Top imports:

  1. Integrated circuits

  2. Refined petroleum

  3. cars

  4. Crude petroleum

  5. Industrial printers

Top import destination:

  1. China

  2. Japan

  3. South Korea

  4. United States

  5. Thailand

Top export destination:

  1. China

  2. Hong Kong

  3. The United States

  4. Japan

  5. Germany

Foreign direct investment (2018)

Inflow: USD 6 billion

Outflow: USD 602 million

Principal investors: China, Japan, the United States, Singapore

Information sites:

1. Philippine Board of Investment http://boi.gov.ph/

2. Philippine Chamber of Commence and Industry http://philippinechamber.com/

3. Department of Foreign Affairs https://www.dfa.gov.ph/


18. Singapore

Population: 5,638,680 Area: 719 km2 Official languages: English, Malay, Mandarin, Tamil Political system: parliamentary representative democratic republic, the head of state is the president, the head of government is the prime minister, and of a multi-party system Economic system: free market economy GDP: US$ 364,156.66 million GDP per capita: US$ 64,581.9 Industrial structure (2018) Agriculture: 0% Industry: 25% Manufacturing: 21% Services (add valued): 69.4% Total import: US$ 545,564.87million Total export: US$642,294.78 million


Top exports:

  1. Integrated circuits

  2. Refined petroleum

  3. Gold

  4. Computers

  5. Packaged medicaments

Top imports:

  1. Integrated circuits

  2. Refined petroleum

  3. Crude petroleum

  4. Gold

  5. Computers

Top import origins:

  1. China

  2. Malaysia

  3. Other Asia

  4. United States

  5. South Korea

Top export destinations:

  1. Hong Kong

  2. China

  3. Malaysia

  4. Indonesia

  5. United States

Foreign direct investment (2018)

Inflow: USD 77 billion

Outflow: USD 37 billion

Principal investors:

United States, Cayman Islands, British Virgin Islands, The Netherlands, Japan, United Kingdom

Information sites:

1. Economic development board https://www.edb.gov.sg/

2. Enterprise Singapore https://www.enterprisesg.gov.sg/

3. Accounting and corporate regulating authority https://www.acra.gov.sg/


19. South Korea

Official language: Korean Population: 51,635,260 Area: 100,339 km2 Political system: Presidential democratic republic and of a multi-party system. The president is the head of state; legislative power is vested in both the government and the National Assembly; the judiciary is independent of the executive and the legislative. Economic system: A mixed economy which includes a variety of private freedom, combined with centralized economic planning and government regulation GDP: US$ 1.619 trillion GDP per capita: US$ 31362.8 Total trade: 1,343 billion Total import: US$ 631 billion Total export: US$ 712 billion Industrial structure (2018) Agriculture: 2% Industry: 35% Manufacturing: 27% Services: (value added): 53.6%


Top exports:

  1. Integrated circuits

  2. Cars

  3. Refined petroleum

  4. Passenger and cargo ships

  5. Vehicle parts

Top imports:

  1. Crude petroleum

  2. Integrated circuits

  3. Petroleum gas

  4. Photo lab equipment

  5. Coal briquettes

Top import origins:

  1. China

  2. Japan

  3. United States

  4. Germany

  5. Other Asia

Top export destination:

  1. China

  2. United States

  3. Vietnam

  4. Hong Kong

  5. Japan

Foreign direct investment (2018)

Inflow: USD 14 billion

Outflow: USD 38 billion

Principal investors: the US, the Cayman Islands, Hong Kong, China, Vietnam, Luxembourg, Ireland, the UK, Singapore and Japan

Information sites:

1. Invest Korea http://www.investkorea.org/en

2. Korea Trade Investment Promotion Agency http://english.kotra.or.kr/kh/main/customerMain.do

3. Hi Korea e-Government for Foreigners https://www.hikorea.go.kr/pt/main_en.pt


20. Taiwan

Official languages: Mandarin Chinese Population: 23.78 million Area: 36,193 km² Political system: representative democratic republic, which the president is head of state and the president of the executive yuan is head of government, of a multi-party system. Executive power is exercised by the government; legislative power is vested in primarily with the parliament and limited by the government; the Judiciary is independent of the executive and the legislature. Economic system: developed capitalised economy, driven mainly by industrial manufacturing, and especially exports of electronics, machinery, and petrochemicals. GDP: $589,906 million GDP per capita: USD $25,008 Total import: US$286.5 billion Total export: US$335.8 billion Industrial structure: Agriculture 2% Industry 35% Services 63%

Top exports: 1. Electrical machinery, equipment: 2. Machinery including computers 3. Plastics, plastic articles 4. Optical, technical, medical apparatus 5. Mineral fuels including oil Top imports: 1. Mineral fuels 2. Iron, steel 3. Organic chemicals 4. Electrical machinery, equipment 5.Vehicles

Top import origins: 1. China 2. Japan 3. United States 4. South Korea 5. Germany Top export destinations: 1. China 2. Hong Kong 3. United States 4. Japan 5. Singapore

Foreign direct investment (2018)

Inflow: USD 6 billion; Outflow: USD 18 billion

Principal investors:

The Netherlands, Japan, British Virgin Islands, United Kingdom, Germany, Samoa, Hong Kong

Information sites:

1. Invest Taiwan https://investtaiwan.nat.gov.tw/

2. Ministry of Economic Affairs https://www.moea.gov.tw/Mns/english/

3. Ministry of Foreign Affairs https://www.mofa.gov.tw/en/


21. Russia

Population: 144,478,050 Area: 17,098,250 km2 Official languages: Russia Political system: Federal state, with a republican form of government and a two-chamber legislature, the government is appointed by the prime minister, who is appointed by the president Economic system: Recent transition from a centrally planned economy to a more market-based economy GDP: US$ 1,657,553.77 million GDP per capita: US$ 11,288.9 Industrial structure (2018) Agriculture: 3% Industry: 32% Manufacturing: 12% Services (value added): 54.1% Total import: US$ 344,262.69 million Total export: US$ 509,550.84 million

Top exports:

  1. Crude petroleum

  2. Refined petroleum

  3. Petroleumgas

  4. Coal briquettes

  5. Wheat

Top imports:

  1. Packaged medicaments

  2. Cars

  3. Vehicle parts

  4. Broadcasting equipment

  5. Planes, helicopters, and/or spacecraft

Top import origins:

  1. China

  2. Germany

  3. Belarus

  4. United States

  5. Italy

Top export destinations:

  1. China

  2. the Netherlands

  3. Germany

  4. Belarus

  5. the United States

Foreign direct investment (2018) Inflow: USD 13 billion Outflow: USD 36 billion

Principal investors: Cyprus, Luxembourg, the Netherlands, the Bahamas, Bermuda, Ireland and the UK Information sites:


1. Ministry of economic development http://economy.gov.ru/en/home/

2. Ministry of foreign affairs http://www.mid.ru/en/main_en

3. Ministry of Finance https://www.minfin.ru/en/


22. Thailand

Official languages: Thai Population: 69,428,520 Area: 513,120 km2 Political system: a constitutional monarchy, which the prime minster is the head of government and a heredity monarch is head of state. The judiciary is independent of the executive and the legislative branches. Economic system: mixed economic system with a variety of private freedom, combined with centralized economic planning and government regulation, export-dependent GDP: US$ 504,992.76 million GDP per capita: US$ 7273.6 Total trade: 622 billion Total import: US$ 285 billion Total export: US$ 337 billion Industrial structure (2018): Agriculture: 8% Industry: 35% Manufacturing: 27% Services (value added): 56.9%

Top exports:

  1. Office machine parts

  2. Integrated circuits

  3. Delivery Trucks

  4. Cars

  5. Broadcasting equipment

Top imports:

  1. Gold

  2. Vehicle parts

  3. Integrated circuits

  4. Crude petroleum

  5. Office machine par

Top import origins:

  1. China

  2. Japan

  3. Singapore

  4. Hong Kong

  5. Malaysia

Top export destination:

  1. China

  2. United States

  3. Japan

  4. Malaysia

  5. Hong Kong

Foreign direct investment (2018)

Inflow: USD 10 billion; Outflow: USD 17 billion

Principal investors: Japan, Singapore, Hong Kong, the Netherlands, Germany, Mauritius and the United Kingdom

Information sites:

1. Board of Investment https://www.boi.go.th/

2. Department of Business Development https://www.dbd.go.th/dbdweb_en/

3. Industrial Estate Authority https://www.ieat.go.th/en


23. Vietnam

Official languages: Vietnamese Population: 95,540,400 Area: 331,230 km2 Political system: socialist republic with a one-party system led by the communist party of Vietnam, on shift from a centrally planned to a market economy Economic system: socialist-oriented market economy GDP: US$ 244,948.45 million GDP per capita: US$ 2563.8 Total import: US$ 225,679.52 million Total export: US$ 233,650.69 million Industrial structure (2018): Agriculture: 15% Industry: 34% Manufacturing: 16% Services (value added): 41.2%

Top exports: 1. Broadcasting equipment 2. Telephones 3. Integrated circuits 4. Textile footwear 5. Leather footwear

Top imports: 1. Integrated circuits 2. Telephones 3. Refines petroleum 4. Electrical parts 5. Light rubberized knitted fabric

Top import origins: 1. China 2. South Korea 3. Japan 4. Singapore 5. Hong Kong

Top export destination: 1. United States 2. China 3. Japan 4. South Korea 5. Germany

Foreign direct investment (2018):

Principal investors Japan, South Korea and Singapore

Inflow: USD 15 billion; Outflow: USD 598 million

Information sites:

1. Ministry of Planning and Investment http://www.mpi.gov.vn/en/

2. Vietnam Trade Promotion Agency http://en.vietrade.gov.vn/

3. Ministry of Foreign Affairs http://www.mofa.gov.vn/vi/


Report made by the Asia Pacific Chamber of Commerce - APCC

©2020

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