These 8 Asian countries will get the biggest boost if the trade war forces US companies to leave China
8. Philippines
7. Thailand
GDP gains from trade: 0.5%
Products driving the gain: The country could see gains in Chinese imports. Its top imports are office machinery, electronic equipment, vehicles, gold, and oil.
Source: Nomura
6. Singapore
GDP gains from trade: 0.7%
Products driving the gain: Gold
Source: Nomura
5. South Korea
GDP gains from trade: 0.8%
Products driving the gain: Electric apparatus for phones, parts for office and automatic data processing machines.
Source: Nomura
4. Hong Kong
GDP gains from trade: 1.0%
Products driving the gain: Gold
Source: Nomura
3. Malaysia
GDP gains from trade: 1.5%
Products driving the gain: Semiconductors and natural gas
Source: Nomura
2. Taiwan
GDP gains from trade: 2.1%
Products driving the gain: Electric apparatus for phones, parts for office and automatic data processing machines.
Source: Nomura
1. Vietnam
GDP gains from trade: 7.9%
Products driving the gain: Electric apparatus for phones, parts for office and automatic data processing machines. The country could also see a 5% gain in total exports.
Source: Nomura
Popular Right Now
Popular Keywords
Advertisement