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Philippines Trade Data, Philippines Import Data, Philippines Export Data

According to the international monetary fund, the economy of the Philippines is the 32nd largest economy by nominal GDP in the world and 12th largest economy in Asia, and the 3rd largest in ASEAN. The Philippines is one of the fastest growing and emerging markets in the world. Philippines export data  reveals that its primary exports include semiconductors, copper, petroleum product, garments, transport equipment, coconut oil, and fruits. The top trading partners of the Philippines are the United States, China, Japan, Hong Kong, Singapore, and Thailand. According to Philippines trade data, it exported USD 74.6% billion worth of goods around the world in 2021, which is 18% more than in 2017, and it has been increasing at the rate of 16.8% from 2020 to 2021.   Philippines trade Data   activities in 2022     Philippines trade data  shows that the country’s total external trade made up to USD 19.13 billion which shows a 16.1% increase in annual growth rate.   Philippine
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OUR "AHA MOMENT" ABOUT IMPORT EXPORT DATA OF TURKEY

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  BIRD EYE VIEW OF IMPORT EXPORT DATA OF TURKEY Turkey is a transcontinental country that is having some of its land area in South-eastern Europe and some of its part in western Asia. As per the import export data of Turkey , it imported goods worth USD 219 billion in the year 2020 which was certainly an increase that was observed when it is compared to the year 2019 by almost 9.2%. Due to this upward trend in global imports, turkey was ranked at position 26 in the year 2020. The import data collected for Turkey is a collection of each company’s business activities. The import data is purely based on shipping and import bills, invoices, and other important documents. On the other hand, Turkey was ranked the 30 th largest exporter of goods across the world as its total exports in the year 2020 were nearly USD 170 billion which was lesser than the year 219 by 0.9%. Turkey export data always contains information about names of buyers and sellers, country names, HS codes, product
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EXCITING THINGS THAT MEDIA HASN’T TOLD YOU ABOUT GLOBAL TRADE DATA

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LET’S SKIM UPON AND UNDERSTAND WHAT IS GLOBAL TRADE Global trade , as the term suggests, is a process of exchanging goods and services across international borders. Various processes that are included in it are imports, exports, FDI, job outsourcing, setting MNCs, etc. Through global trade, there arises an international economic interaction between sellers and buyers in different countries. Since 1991, when globalization took over, global trade is expanded by several folds. One of the main benefits of foreign trade is that it increases the reach of local traders and vendors, and because of this, they are motivated to do more experimentation with their products to meet the global needs and demands. Other benefits may include Global economic growth, Reduction in global poverty, competitive pricing, and wide variety of products for customers.   3 ‘FACES’ OF INTERNATIONAL TRADE International trade is primarily classified into 3 faces which are based on inflow or outflow of goods and servi
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