ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Cars
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Electronics
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Oil
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All answers are correct
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Detailed explanation-1: -(¥3.16B). In December 2022 the top imports of Japan from United Arab Emirates were Crude Petroleum (¥255B), Petroleum Gas (¥36.4B), Refined Petroleum (¥34.7B), Raw Aluminium (¥19.7B), and Precious Metal Scraps (¥1.52B).
Detailed explanation-2: -The main products that United Arab Emirates exported to Japan are Crude Petroleum ($12.1B), Refined Petroleum ($1.29B), and Petroleum Gas ($540M). During the last 25 years the exports of United Arab Emirates to Japan have increased at an annualized rate of 2.23%, from $8.78B in 1995 to $15.2B in 2020.
Detailed explanation-3: -The main destination of Refined Petroleum exports from United Arab Emirates are: Iraq ($2.35B), Pakistan ($2.21B), South Korea ($1.55B), Singapore ($1.41B), and Japan ($1.29B).
Detailed explanation-4: -At the same year, Crude Petroleum was the 1st most exported product in United Arab Emirates. The main destination of Crude Petroleum exports from United Arab Emirates are: Japan ($12.1B), China ($8.6B), India ($6.34B), Thailand ($3.84B), and South Korea ($3.18B).