In April and May, many countries have successively released the latest foreign trade data. What are the specific import and export data of various countries? Let's take a look!
Thailand: Exports in April increased by 6.8% year-on-year
Data released by the Thai Ministry of Commerce on May 23 showed that Thailand's exports in April were US$23.3 billion, a year-on-year increase of 6.8%, and the market expected a decrease of 0.2%; Thailand's imports in April were US$24.9 billion, a year-on-year increase of 8.3%, and the market expected an increase of 5.0%. Thailand's trade deficit in April was US$1.642 billion.
Japan: A huge trade deficit reappeared in April
The trade statistics results released by the Japanese Ministry of Finance on May 22 showed that Japan had a huge trade deficit again in April, with a deficit of 462.5 billion yen (1 US dollar is about 156 yen). The report shows that driven by the growth of exports of automobiles, semiconductor manufacturing equipment, electronic components, etc., Japan's exports increased by 8.3% year-on-year to 8.98 trillion yen, maintaining year-on-year growth for 5 consecutive months. At the same time, due to the increase in imports of crude oil, aircraft and other products, the import value of the month increased by 8.3% year-on-year to 9.44 trillion yen. After imports and exports were offset, the trade deficit in April reached 462.5 billion yen, an increase of 7.6% over the same period last year.
It is worth noting that Japan's exports to China in the month increased by 9.6% year-on-year to 1.59 trillion yen, a record high for the same period. Among them, the export value of semiconductor manufacturing equipment increased by 95.4% year-on-year, which was the biggest driving factor for the growth of exports in the month.
South Korea: Goods exports in April, increased by 13.8% year-on-year
According to data released by the Korea Customs Service recently, driven by strong demand for chips, South Korea's exports in April increased by 13.8% year-on-year to US$56.2 billion, an increase for seven consecutive months, and automobile exports also hit a record high. Imports increased by 5.4% year-on-year to US$54.7 billion, and the trade surplus reached US$1.53 billion, maintaining a surplus for 11 consecutive months.
Uzbekistan: Exports increased by 5.9% over the same period
According to data released by the Statistics Agency under the President of Uzbekistan on May 20, from January to April 2024, Uzbekistan's total foreign trade volume was US$20.8701 billion, an increase of 5.9% compared with the same period in 2023. Among them, exports amounted to US$8.4905 billion, an increase of 9%; imports amounted to US$12.3796 billion, an increase of 3.9%.
Vietnam: Exports continue to show a positive growth trend
From January to April 2024, Vietnam's total import and export of goods reached US$238.88 billion, with a surplus of more than US$8.4 billion. Among them, exports are expected to reach US$123.64 billion, a year-on-year increase of 15%.
Malaysia: Import and export trade volume hit a record high
Data released by the Malaysian Statistics Department in April showed that in the first quarter of this year, both the total foreign trade volume and import and export volume hit a record high for a single quarter. In the first quarter, Malaysia's total foreign trade reached 690.6 billion ringgit, up 7.1% from the same period last year; exports reached 362.4 billion ringgit, up 2.2% year-on-year; imports reached 328.2 billion ringgit, up 13.1% year-on-year.
Brazil: Exports hit a record high in the first four months
According to data released by the Brazilian Ministry of Development, Industry, Commerce and Services, in the first four months, Brazil's imports and exports amounted to US$189.9 billion, up 4.2% year-on-year. Among them, exports were US$108.8 billion, a record high, up 5.7%; imports were US$81.1 billion, up 2.2%; and a trade surplus of US$27.7 billion was achieved. In April, imports and exports amounted to US$52.8 billion, up 14.2%; of which exports were US$30.9 billion and imports were US$21 billion, up 14.1% and 14.3% respectively.
Turkey: Exports hit a record high in the first quarter
On April 15, data from the Turkish Exporters Conference showed that the volume of agricultural products shipped from January to March increased by 8.6% year-on-year to US$9.3 billion (301.37 billion Turkish liras). According to official data, exports account for about 14.6% of Turkey's total exports. During the period, Turkey's exports increased by 3.6% on an annual basis to $63.7 billion.
Indonesia: Strong economic growth in the first quarter
According to the latest statistics released by the Indonesian Central Bureau of Statistics, Indonesia's economy grew by 5.11% year-on-year in the first quarter of 2024, exceeding the 5.04% in the fourth quarter of 2023. This is also the highest growth in the first quarter since 2019.
Costa Rica: Exports grew 4.9% year-on-year in the first quarter
According to trade data recently released by the Central Bank of Costa Rica, the total foreign trade in goods in the first quarter of this year was US$10.4 billion, an increase of 3.3% over the same period last year. Among them, Costa Rica exported US$4.6 billion, an increase of 4.9% year-on-year; Costa Rica imported US$5.8 billion, an increase of 2.1% year-on-year.
Bangladesh: Exports grew 4.39% year-on-year
According to data released by the Bangladesh Export Promotion Bureau, the country's exports grew 4.39% year-on-year to US$43.55 billion from July 2023 to March 2024. It is estimated that in the fiscal year 2023-2024 (July 2023 to June 2024), Bangladesh's exports will reach US$62 billion. At present, while maintaining its traditional export advantages, Bangladesh is actively developing new products to promote the diversification of its export structure.
Singapore: Non-oil domestic exports in March down 20.7% year-on-year
Singapore's non-oil domestic exports (NODX) in March 2024 fell 20.7% year-on-year and 8.4% month-on-month. Affected by the decline in exports of telecommunications equipment, integrated circuits, diodes and transistors, electronic product exports in March fell 9.4% year-on-year; while non-electronic product exports shrank 23.2% due to the drag of pharmaceuticals, ship structures and non-monetary gold.
Chile: Exports fell 13.6% year-on-year in March
Data released by the Central Bank of Chile showed that in March 2024, the total exports were US$7.952 billion, a year-on-year decrease of 13.6%; the total imports were US$6.182 billion, a year-on-year decrease of 10.1%, and the trade surplus was US$1.77 billion.
Germany: Imports fell 3% year-on-year
Data showed that in March, Germany imported 111.9 billion euros, a year-on-year decrease of 3%; exports were 134.1 billion euros, a year-on-year increase of 1.2%. It increased by 0.9% from the previous month. In March, Germany's total foreign trade was 246 billion euros, with a trade surplus of 22.2 billion euros.
Canada: Imports decreased by 1.2%
Statistics Canada said that in March this year, commodity exports fell 5.3% month-on-month, while imports fell 1.2%. In March, the total exports were 64.8 billion yuan, a month-on-month decrease of 5.3%, and the total imports were 64.8 billion yuan, a month-on-month decrease of 1.2%.
United States: The total value of goods exports fell 2.9% year-on-year
The U.S. Department of Commerce Census Bureau recently released foreign trade data for March 2024. Data shows that in March 2024, the total value of US goods trade was US$445.685 billion, a year-on-year decrease of 2.1%. The US foreign goods trade showed a year-on-year negative growth, including: the total value of goods exports was US$179.326 billion, a year-on-year decrease of 2.9%; the total value of goods imports was US$266.359 billion, a year-on-year decrease of 1.5%; the goods trade deficit was US$87.033 billion, a year-on-year increase of 1.4%.
Zimbabwe: Exports in March, a month-on-month decrease of 17.1%
According to the National Bureau of Statistics of Zimbabwe, in March, the total value of Zimbabwe's exports was US$535 million, a decrease of 17.1% from the previous month; the total value of imports was US$719 million, a decrease of 1.5% from the previous month, and the trade deficit reached US$184 million, an increase of 11.8% from the previous month.