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Showing posts with the label china import data

Surge in China's imports of semiconductor manufacturing equipment from Japan

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  As, Technology is evolving, the demand for semiconductors is also growing. There is a huge shortage of semiconductors in the global market. Currently, the top semiconductors suppliers are Hong Kong, Taiwan and China. Apart from China, other major markets for semiconductor exports are Singapore, Malaysia, United States, South Korea, Japan, Germany and the United States. Japan is the second leading semiconductor supplier in the world. As per the global import export data reports, Japan has exported around $12 Billion worth of semiconductor devices during FY 2022. Japan was followed by Malaysia ($9.5 Billion), Germany ($8 Billion), and Taiwan ($6.5 Billion).   According to the latest China import export data reports, China exported around $6 Billion worth of semiconductor devices exports during May 2023 while imports were around $2.2 Billion during this period.  Our China export data reflects that the Netherlands was the top importer of semiconductor devices from Ch...

China Exports To Africa Could Reach $200B By 2023

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The African market is dominated by China exports. The bilateral trade between China and African countries rose to 35% in 2021 and it could reach 200 billion US Dollars by 2023. The African countries share a huge trade deficit with China as most of it is covered by China’s exports.   China is an important trading partner of African countries. Nigeria, South Africa, Egypt, Angola and Congo are the major trading partners of China. China shares heartly trade relations with various African nations. According to the China export data records of 2022, there were around 163 billion US Dollars imports by African nations from China. Nigeria was the largest importing country from China. On the other hand, our China import data reports reflects African countries total exports worth 117 billion US DOllars in 2022. South Africa was the leading exporter of goods to China along with Congo and Angola. As per China import export data , the major product imports done by African countries from ...

India-China Trade Analysis 2021-22

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  China is India’s largest trading partner. Despite continuous border tensions, India imports from China had increased significantly. India shared a major trade deficit with China. In the financial 2020, India had a trade deficit with China of 44 billion USD. That increased to 73 billion USD in 2021. It came down to 58.02 billion USD in 2022. As per China import export data reports, the major India imports from China include electronic items, chemicals, fertilizers, dye, crude oil, and pharmaceutical products. On the other hand, India exports to China include various products such as precious stones including diamonds, aluminium, copper, cotton, and iron ore. Although India is working on Atma Nirbhar Scheme but still shared a major trade deficit with China. Through this blog, you will get a detailed overview of the India-China trade analysis 2021-22. China Imports from India As per the China import data , mineral oils, fuels, refined copper, cotton, petroleum oils, crude oils, ...