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East Asia & Pacific Trade Summary

2020

East Asia & Pacific exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR EAST ASIA & PACIFIC 2020

Overall Exports and Imports for East Asia & Pacific 2020

Exports and imports of East Asia & Pacific in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,984,593 million.
  • The total value of imports (CIF) was 5,285,288 million.
  • At the HS6 digit level, 4,548 products were exported to 236 countries and 4,556 products were imported from 237 countries.

East Asia & Pacific top 5 Export and Import partners 2020

Top five countries to which East Asia & Pacific exported in 2020 are below, along with the percent of total exports that went to that country:

  1. East Asia & Pacific exports to United States worth US$ 915,653 million, with a partner share of 15.30 percent.
  2. East Asia & Pacific exports to China worth US$ 906,137 million, with a partner share of 15.14 percent.
  3. East Asia & Pacific exports to Hong Kong, China worth US$ 436,910 million, with a partner share of 7.30 percent.
  4. East Asia & Pacific exports to Japan worth US$ 309,443 million, with a partner share of 5.17 percent.
  5. East Asia & Pacific exports to Korea, Rep. worth US$ 237,864 million, with a partner share of 3.97 percent.

Top five countries from which East Asia & Pacific imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. East Asia & Pacific imports from China worth US$ 1,023,150 million, with a partner share of 19.36 percent.
  2. East Asia & Pacific imports from United States worth US$ 416,525 million, with a partner share of 7.88 percent.
  3. East Asia & Pacific imports from Other Asia, nes worth US$ 387,761 million, with a partner share of 7.34 percent.
  4. East Asia & Pacific imports from Japan worth US$ 372,643 million, with a partner share of 7.05 percent.
  5. East Asia & Pacific imports from Korea, Rep. worth US$ 337,570 million, with a partner share of 6.39 percent.

East Asia & Pacific Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by East Asia & Pacific along with trade value are:

  1. East Asia & Pacific exported Monolithic integrated circuits, digital , worth 551,748,649.67 (US$ Thousands).
  2. East Asia & Pacific exported Transmission apparatus, for radioteleph incorpo , worth 282,244,639.71 (US$ Thousands).
  3. East Asia & Pacific exported Parts and accessories of automatic data process , worth 165,517,884.42 (US$ Thousands).
  4. East Asia & Pacific exported Storage units, whether or not presented with th , worth 128,689,749.78 (US$ Thousands).
  5. East Asia & Pacific exported Parts of electrical apparatus for line telephon , worth 113,257,842.62 (US$ Thousands).

The top five imported HS 6 digit level products from world by East Asia & Pacific along with trade value are

  1. East Asia & Pacific imported Monolithic integrated circuits, digital , worth 729,654,464.62 (US$ Thousands).
  2. East Asia & Pacific imported Petroleum oils and oils obtained from bituminou , worth 319,281,969.75 (US$ Thousands).
  3. East Asia & Pacific imported Non-agglomerated iron ores and concentrates , worth 136,574,109.74 (US$ Thousands).
  4. East Asia & Pacific imported Petroleum oils, etc, (excl. crude); preparation , worth 124,620,062.28 (US$ Thousands).
  5. East Asia & Pacific imported Transmission apparatus, for radioteleph incorpo , worth 115,567,275.21 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by East Asia & Pacific in 2020 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 3.99 percent.
  • The trade weighted average tariff was 2.17 .
  • The total duty free imports in thousands of US dollars were 3,255,395,789.72 and duty free tariff line items share was 58.98 percent.

Development Indicators 2020

Key Development Indicators of East Asia & Pacific in 2020 are below

  • East Asia & Pacific GDP in current US dollar was 27,144,861 million.
  • GNI per capita, Atlas method (current US$) was 11,642.08 .
  • East Asia & Pacific Trade balance: as % of GDP was 2.62.
  • Trade balance in current US$ was 711,189.00 million.
  • Trade as percentage of GDP was 50.81 .
  • Trade in services as percentage of GDP was 8.06 .

Trade Indicators 2020

Trade Indicators for East Asia & Pacific in 2020 are below

  • Hirschman Herfindahl market concentration index was not available.
  • Index of export market penetration was not available.
  • World Growth in percentage was not available and East Asia & Pacific Country Growth was not available .