OTHER Export Data

2023

Total HS code(6-digit)

4,441

Total Suppliers

30,133

Total Purchase Country/Region

14

Total Amount (USD)

15,075,797,580

Data displayed above is sourced from our database and does not fully represent the country’s trade activities.

OTHER Country Import/Export Overview and Domestic Market Update

Imports & Exports

  • Top Trade Partners: OTHER primarily trades with NEIGHBOR1, PARTNER2, and ALLY3, reflecting strong regional and strategic alliances.

  • Top 5 Imports: Automobiles (23%), Electronic Devices (16%), Petroleum Products (12%), Pharmaceuticals (8%), and Machinery (7%) dominate imports, accounting for 66% of total imports.

  • Top 5 Exports: Agricultural Products (20%), Chemicals (15%), Textiles (10%), Electronics (8%), and Precious Metals (6%) make up 59% of total exports.

  • Trade Balance: OTHER experiences a minor trade deficit, primarily due to high demand for automobiles and electronic devices, offset by strong export growth in agriculture and chemicals.

  • Policy Overview: Recent trade policies focus on reducing the deficit by incentivizing local production and diversifying export markets, particularly in emerging economies.

Domestic Market

  • Consumer Expenditure: Consumer spending remains robust, driven by a growing middle class, but faces pressure from rising inflation and interest rates.

  • Inflation & Interest Rates: Inflation stands at 3.5%, leading the central bank to cautiously increase interest rates to 2.5% to control prices without significantly cooling the economy.

  • Supply Chain Dynamics: Supply chains are in a state of recovery following global disruptions, with some sectors experiencing delays in critical components and higher logistics costs.

  • Industry Trends: The technology sector continues to thrive, supported by government investment in innovation and startups. The manufacturing sector is adapting to new tariffs and trade routes, while agriculture benefits from improved export policies.

Overall Outlook