Philippines trade Data - Tradeimex.in

  BILATERAL TRADE TRENDS BETWEEN THE PHILIPPINES & INDONESIA The commencement of diplomatic relations between the two nations happened way back in the year 1949. Since then, till now, both countries have enjoyed cordial trade relations and exchanged goods and services worth billions of dollars. The bilateral trade between both countries is considered one of the most important relations in ASEAN. As per the Import Export Data of both countries, Indonesia is considered the largest exporter of coal to the Philippines and contributes 70% of total coal imports by the Philippines. Not only consumer goods or raw materials are imported by the Philippines from Indonesia, but also defense products and big artilleries are also imported by the Philippines from Indonesia, as the Philippines Import Data shows that in the year 2016, the Philippines imported Indonesia’s first warship. Other major products that are frequently traded between both nations are automobiles, mineral products, ea

  International trading is one of the most integral activities that is supposed to be done by every country in today's era. The contribution of developed economies such as the United States, Italy, and Japan is of course more as they have the required infrastructure and resources to bring or send goods. On the other hand, the contribution of developing nations is not at par with that of developed nations but is satisfactory like that of the Philippines, Vietnam, and Turkey. While doing international trade, it is crucial for analysts and statisticians to determine the three benchmarks for the year – Trade Deficit, Break-even point, and trade surplus. It is advised that every country should maintain a trade surplus every year to keep its economy healthy and growing. A healthy economy, in turn, attracts investments of big investors and the establishment of big companies in the nation. Today, we are going to study the trading trends of the Philippines in the past few years and chec

  ABSTRACT Two-way trade relations between the Philippines and the US are strongly formed and based on the past and cultural connections that both nations share with each other. Each nation’s commitment to its democracy and human rights adds more strength to the bilateral trade between them. Defense and security connections are among the strongest connections that exist between these two nations as many bonds and treaties like the Mutual Defense treaty were signed in the past. The cultural diversity of the two countries is very attractive and breathtaking as the citizens of one country are living in another country without any trouble or cultural bias. As per the latest reports, 2,20,000+ US citizens are living in the Philippines, whereas 4 million Philippians are living in the US. The first ever diplomatic relation that happened between the US and the Philippines was in the year 1946. You would be surprised to know that for 60 years (from 1961), USAID is working continuously wit

  GROWTH OF THE INTEGRATED CIRCUITS MARKET IN THE WORLD – OVERVIEW Integrated circuits or components are a part of almost every electric machine and electronic gadget. These circuits make any machine or gadget work to its optimal level. The types of circuits that are covered under integrated circuits are monolithic integrated circuits, spare parts or components of electronic items, hybrid circuits, and micro assemblies. Based on Global Trade Data and Import Export Data of various countries, it is proved that integrated circuits were the world’s most favorite traded product as its total trade accounted for almost USD 670 billion. With this, the contribution of integrated circuit trade in the year 2020 became 4% of total global trade. It is also known that from 2019 to 2020, the exports of these products grew by 9.75% (from USD 610 billion to USD 670 billion). According to Global Trade, the top exporters of integrated circuits in the year 2020 were Chinese Taipei (USD 138.01 bill