US Import Data

  ALL ABOUT THE AUTOMOBILE INDUSTRY OF THE PHILIPPINES   PAST   The automobile industry was first established and became operational during the years 1898 to 1946. At that time, the local people used animal-driven vehicles while the elite category of people could only afford these newly introduced vehicles in the market. Initially, imports from US automobile manufacturers dominated the Philippine market such as Mercury, Buick, and Ford. Later, due to various import policies and sanctions, imports of fully built cars got prohibited.   PRESENT   The automotive or automobile industry of the Philippines is considered one of the biggest industries in the Asia-Pacific region and is placed in 9 th position in terms of annual revenue and growth. You would be surprised to know that most of the vehicles sold in the Philippines belong to international companies and are entirely built domestically. This production of automobiles in the Philippines comes under the PMVD program whic

  It’s been 70+ years since the first diplomatic relations between Indonesia and Turkey started. As both nations are dominated by Muslims and fall under the category of modern democracies, the establishment of bilateral trade between these countries was necessary. At present, the embassies of both countries are operational in each other’s countries. The trade between both countries was tightened in 2004 due to the Tsunami that hit Indonesia and Turkey provided aid, supplies, and shelter to the affected people. Later, in the year 2011, Indonesia supported Turkey to overcome the adverse effects of the Van Earthquake. These two incidents boosted the bilateral trade between the countries.   BILATERAL TRADE TRENDS BETWEEN TURKEY AND INDONESIA   The bilateral trade between both countries has been experiencing upward growth for many years, and the growth is forecasted to rise further in the upcoming years. An agreement was signed between both nations, namely, Indonesia-Turkey Compre

  VIETNAM AND JAPAN TRADE RELATIONS AND PAST YEARS’ TRENDS   The friendship between Vietnam and Japan is going on for a very long period and has almost crossed a millennium (1000 years+). The first ever trade or diplomatic relation between these two nations happened in the 16 th century. In the modern era, the trade relations between Vietnam and Japan are purely based on the developing economy of Vietnam and Japan playing a role of an investor accompanied by a foreign aid donor. The nominal GDP of Vietnam as known accurately is USD 408.94 billion, whereas the GDP of Japan is USD 4.91 trillion.   If you are interested to know about the trend followed between Vietnam and Japan in terms of bilateral trade statistics and how Vietnam Trade Data performs when compared to that of Japan, then have a look at the table below:                         VIETNAM – JAPAN BILATERAL TRADE TRENDS (2017-2021) YEAR VIETNAM > JAPAN JAPAN > VIE

  Rice is one of the most crucial and important crops grown in the Philippines for the purpose of consumption and trading. According to the latest statistics, the Philippines is the 8 th biggest rice-producing nation in the world and contributes a 3% share of the total global rice produced annually.   Rice is a food item that is consumed daily by the people of the Philippines. Due to this fact, rice production is very high in the Philippines which is adequate to satisfy an individual’s needs as well as sufficient for trading purposes also.   There is one peculiar thing about the Philippines in relation to rice, i.e., on one hand, this nation is one of the largest producers of rice in the world, and on the other hand, it is the largest importer of rice in the world too which makes the things a bit complicated to understand. To make this point clear, we would like to add that although the Philippines is the biggest rice producer in the world, still the production is not able to