Export:
In the year of 2014, China exported an estimated amount of $2.37 trillion USD. This made them the largest exporter in the world. With this huge figure and the amount of products that are being exported China has increase an annualized rate of 11.8% in the last 5 years. From $1.35 trillion USD in 2009 to a whopping $2.37 trillion USD in the year of 2014. Right after the financial crisis, china was one of the fastest growing economies. The central 5 export countries that China is exporting to are United States with 18% of export and an amount of $433 billion USD. The Unites States is then followed by Hong Kong with 11% and $258 billion USD, then Japan with 7% and $167 billion USD. The 4th largest exporter of China is Germany with 4.3% and $101 billion USD followed by South Korea with 3.8% and $88.9 billion USD. The 2 most exported products by China are computers and broadcasting equipment. Computers are the most exported product by China with 8.8% and $209 billion USD. Broadcasting Equipment is the second most exported product with 6.6% and $157 billion USD. Import: In the year of 2014, China imported an estimated $1.53 trillion USD. This made them the 2nd largest importer in the world. The mostly imported product was Crude Petroleum. China imported an estimated amount of 13% for which they had paid $205 billion USD. China has increased their annual rate of 14.4%. From the year of 2009 where they had imported products worth $782 billion USD, they have increased that to about $1.53 trillion USD in just 5 years. The main 5 import countries of China are South Korea, United States, other Asia, Japan, and Germany. The main country is South Korea imports about 9.8% with about $143 billion USD, followed by the United States with 8.8% and $134 billion USD. The third biggest importer is other Asia with 8.6% and $131 billion USD. The 4th and 5th largest importers are Japan and Germany. Japan imports 8.5% and $131 billion USD. Germany imports 6.3% of products, which are worth $96.7 billion USD. Crude Petroleum is the most imported product which China needs. They import roughly 13% which is worth about $205 billion USD. The second and third most imported products are Integrated Circuits and Iron Ore. China imports about 8.8% of integrated circuits which costs them about $136 billion USD. About 4.8% of iron ore is being imported which costs China $73.4 billion USD. Gold and cars are the 4th and 5th most imported products
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Exports:
The Netherlands is also the 8th largest exporter in the world. Throughout the previous five years the exports the Dutch have expanded at an annualized rate of 0.6% from $417B (2010) to $428B (2015). The Netherlands continuously has had an open economy and trading goods and services with other countries are very significant. The Netherlands gains 33% of its income from exports from goods and services. The GDP value of exports was 81.8% in 2015. Netherlands is ranked the fifth-largest exporter in the world, due to that the Netherlands is conspicuous when trading with countries. 3.5% of the world’s exports occurred in 2015, when the Netherlands exported goods and serviced of approximately US$ 668 billion. They were also placed sixth for exports of commercial service to US$ 189 billion in 2014. The agricultural products in the Netherlands is ranked the second-largest exporter in the world. Germany is the best trading member of the Netherlands, pursued by France, Belgium and United Kingdom. 79% of Hollands exports persist only in Europe. The main 5 export origins that the Netherlands are exporting to are Germany with 21% of export with a quantity of $91.3 billion USD. Followed by Belgium- Luxembourg with 14% and $60.1 billion USD, then the United Kingdom with 10% with $44.4 billion USD, France with 6.2% and $26.6 billion USD followed by Italy with 5.2% and $22.4 billion USD. The 2-major exported product by the Netherlands are Refined Petroleum and Crude Petroleum. Refined Petroleum is the highest export product from the Netherlands representing 8.95% with the export value to be 38.3 billion USD. Crude Petroleum is the second largest exporter by the Netherlands with 3.35% and $14.4 billion USD. Imports: During 2015, the Dutch imported $454B, ranking it the 8th biggest importer throughout the world. With this massive figure and supply that are being imported to the Netherlands has increase an annualised rate of -0.1%. From $453B (2010) to $454B (2015). The Netherlands import value in 2015 represented $506.3 billion USD, increased 2.7% from 2011, however, decreased -0.3% since 2014-2015. The largest imports are by Refined Petroleum which stands at 7.68% and the import value represents $34.9B. The second largest import is Crude petroleum which represents 7.66% and import value accounts $34.8B. Starting from $452B USD in 2010 to a major increase in 2015 with $454B. Germany is the best importer of the Netherlands, pursued by Belgium-Luxembourg, China and Russia. The top 5 import regions for the Netherlands are Germany which imports 16% with approximately $72.1 billion USD, pursued by Belgium-Luxembourg with 9.5% and $43.3 billion USD, then China with 9.1% and $41.2 billion USD import value. The 4th and 5th main importers are the United States with 7.7% and $34.9 billion USD and the 5th is Russia with 7.1% and the import value is $32.2 billion USD. |
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