Australia imported US$284.5 billion worth of products from around the world in 2024. Spanning a five-year timespan, that dollar amount reflects a 40.6% increase in spending from $202.3 billion that Australia paid for imports during 2020. Year over year, the total cost of Australian imports slowed to a 3.1% gain compared to $276 billion for 2023. Based on the average exchange … [Read more...] about Australia’s Top 10 Imports
Imports
United Kingdom’s Top 10 Imports
The United Kingdom bought US$815.9 billion worth of imported products from around the globe in 2024. That dollar amount reflects a 29.3% increase from $630.9 billion five years earlier during 2020 and a 3% year-over-year upturn from $791.9 billion in 2023. Based on the average exchange rate for 2024, the British pound appreciated by 2.8% against the US dollar from 2023 to … [Read more...] about United Kingdom’s Top 10 Imports
South Africa’s Top 10 Imports
The Republic of South Africa imported US$101.3 billion worth of products from around the globe in 2024. That dollar amount reflects a 47.4% increase over the 5-year period starting from $68.7 billion in 2020. Year over year, overall South African spending on imported products fell by -5.6% compared to $107.3 billion in 2023. Based on the average exchange rate for 2024, the … [Read more...] about South Africa’s Top 10 Imports
United States Top 10 Imports
The United States of America imported US$3.359 trillion worth of products from around the world in 2024. That dollar amount reflects a 39.6% increase compared to $2.407 trillion in 2020 and a slower 5.9% year-over-year uptick from $3.173 trillion during 2023. America’s Best International Trade Suppliers The latest available country-specific data shows that 72.9% of products … [Read more...] about United States Top 10 Imports
Canada’s Top 10 Imports
Canada imported US$554.2 billion worth of products from foreign suppliers in 2024. That dollar amount results from a 36.6% increase in spending compared to $405.7 billion spent during 2020. Year over year, the overall value of products imported into Canada flatlined via a -0.9% retreat from $559.2 billion in 2023. Based on the average exchange rate for 2024, the Canadian … [Read more...] about Canada’s Top 10 Imports