Vietnam vs. China and India The amount of goods the U.S. imports from Vietnam is roughly one-seventh of what it imports from China. In 2021, China accounts for 41.5% of all U.S. maritime imports, or over 3.1 million shipments. However, where Vietnam’s share of U.S. imports has...
sending $9.117 billion in furniture to the U.S. market, an increase of 24% over the previous year. Previous leader Vietnam wasn’t far behind, however, with exports for the United States reaching $9.1 billion, up 23% over 2020. The ...
reduce imports export Brands Promote nation's products and services to international markets i.e. increase exports people & skills domestic talent Encourage citizens to study and work locally, rather than going overseas i.e. avoid "brain drain" International talent Encourage foreign students and ...
Refined copper nets South Korea $1.6 billion in yearly exports. Korea is the 11th largest exporter of this commodity, which accounts for $67 billion global exports yearly. China takes 55% of South Korea’s copper exports, followed by Vietnam,Malaysia, Thailand, andTaiwan. Tensions between South...
In 2021, China was the world's largest importer of iron ore by a large margin, having accounted for a 70 percent share of the total global iron ore imports based on value.
in cross-border activities such as trade, knowledge exchange, and investment. These countries include the United States of America, Singapore, Philippines, Thailand, Vietnam and Malaysia. Unless there's an existing tax treaty, the tax on dividends ranges from 7-15% and on interest from 5-15%...
Vietnam: -$3.5 billion Among Italy’s trading partners that cause the greatest negative trade balances, Italian deficits with Belgium (up 182.6%), Kazakhstan (up 29.7%) and Germany (up 27.2%) grew at the fastest pace from 2022 to 2023. ...
See alsoChina’s Top 10 Imports,China’s Top Trading Partners,Top Chinese Trade Balances,China’s Top 10 Major Export CompaniesandChina’s Exported Services,Taiwan’s Top 10 Exports,Macau’s Top 10 ExportsandHong Kong’s Top 10 Exports ...
in Vietnam relies heavily on imports of raw materials, machinery and equipment and chemical products. At the same time, Vietnam's clothing industry is also faced with problems such as insufficient supply chain, shortage of skilled workers, low added value of products, and lack of market ...
terminals, 182 km of on-dock rail and over 80 cranes. Its top imports are apparel, footwear, electronics, furniture, and automobile parts, and its top exports are pet and animal feed, scrap metal, soybeans, wastepaper etc. Its major trade partners include China, Japan and Vietnam. ...