In 2023, Japan and South Korea contributed 19.7% of China’s total imports, and China exported 16% of its goods to South Korea and Japan (see Appendix 1 for details). These three countries consistently appeared in each other’s top 5 import/export reports over the last four years.
[ ] What products were imported by China from Japan and SK?
This page contains the latest trade data of Integrated Circuits. In 2022, Integrated Circuits were the world's 3rd most traded product, with a total trade of $961B. Between 2021 and 2022 the exports of Integrated Circuits grew by 7.31%, from $896B to $961B. Trade in Integrated Circuits represent 4.06% of total world trade.
Integrated Circuits
Largest SK export is integrated circuits
Largest Japan is Cars but Integrate circuits is among top
China 232B total
[ ] What solidified this trade relationship? What were the political reasons?
Stronger ties in Asia means less reliance on the West. Historical tensions such as the 2008 US financial crisis turned countries to rely on eachother in Asia.
In 2023, Japan and South Korea contributed 19.7% of China’s total imports, and China exported 16% of its goods to South Korea and Japan (see Appendix 1 for details). These three countries consistently appeared in each other’s top 5 import/export reports over the last four years.
[ ] What products were imported by China from Japan and SK?
This page contains the latest trade data of Integrated Circuits. In 2022, Integrated Circuits were the world's 3rd most traded product, with a total trade of $961B. Between 2021 and 2022 the exports of Integrated Circuits grew by 7.31%, from $896B to $961B. Trade in Integrated Circuits represent 4.06% of total world trade.
Integrated Circuits
Largest SK export is integrated circuits
Largest Japan is Cars but Integrate circuits is among top
China 232B total
[ ] What solidified this trade relationship? What were the political reasons?
Stronger ties in Asia means less reliance on the West. Historical tensions such as the 2008 US financial crisis turned countries to rely on eachother in Asia.