Australia imported US$275.7 billion worth of products from around the globe in 2023. That dollar amount reflects a 28.7% increase in spending 27.1% from $214.3 billion that Australia paid for imports during 2019. Year over year, the total cost of Australian imports fell by -5% compared to $290.1 billion in 2022. Based on the average exchange rate for 2023, the Australian … [Read more...] about Australia’s Top 10 Imports
Imports
Japan’s Top 10 Imports
Japan’s imports totaled US$785.9 billion worth of products in 2023. That dollar amount reflects a 9% increase from $721 billion five years earlier for 2019. Year over year, the overall value of goods imported into Japan withered by -13.2% compared to $905.1 billion during 2022. Based on the average exchange rate for 2023, the Japanese yen depreciated by -28.9% against the US … [Read more...] about Japan’s Top 10 Imports
United Kingdom’s Top 10 Imports
The United Kingdom bought US$791.4 billion worth of imported goods from around the globe in 2023. That dollar amount reflects a 14.3% increase from $692.5 billion five years earlier during 2019 but a -3% year-over-year downtick from $816.3 billion in 2022. Based on the average exchange rate for 2023, the British pound depreciated by -2.7% against the US dollar since 2019 but … [Read more...] about United Kingdom’s Top 10 Imports
Canada’s Top 10 Imports
Canada imported US$558.7 billion worth of products from foreign suppliers in 2023. That dollar amount results from a 23.2% increase compared to $453.7 billion spent during 2019. Year over year, the overall value of products imported into Canada retreated by -2% from $570.2 billion in 2022. Based on the average exchange rate for 2023, the Canadian dollar diluted by -1.7% … [Read more...] about Canada’s Top 10 Imports
United States Top 10 Imports
The United States of America imported US$3.173 trillion worth of products from around the globe in 2023. That dollar amount reflects a 23.8% increase compared to $2.564 trillion in 2019 but a -6% year-over-year downtick from $3.376 trillion during 2022. From a continental perspective, 41.7% of America’s total imports by value in 2023 were purchased from providers in Asia. … [Read more...] about United States Top 10 Imports