How dependent are these 6 major Asian economies on the US market?
Even as Washington's sweeping new tariff announcement appeared to come as a shotgun blast scattered across dozens of nations, Asian economies emerged as primary targets in US President Donald Trump's crosshairs.
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And with the region staring down the barrel of more devastating trade consequences as the new tariffs are due to take effect on Wednesday, a shadow has fallen over economic growth in the region.
Based on official data compiled by financial data provider Wind, the Post has calculated the share of exports from some major Asian economies to the United States, as a percentage of national gross domestic product (GDP) in 2023 – used as one indicator to delve into their dependency and exposure to potential risks.
Below are our findings, ranked by the level of their dependency on the US market. The first entry, Vietnam, depends most on the US market among these six trade partners, while China's place on the list could be surprising.
02:48
China vows to take 'countermeasures' after Trump's new 50% tariff threat
China vows to take 'countermeasures' after Trump's new 50% tariff threat
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