Global purchases of imported crude oil were worth a total US$1.359 trillion in 2023 resulting from the crude petroleum energy demand of 120 countries, territories or islands. Overall, the dollar cost of crude oil bought by all importing countries grew by 27.2% since five years earlier in 2019 when globally imported crude oil purchases were valued at $1.068 trillion. Year over … [Read more...] about Crude Oil Imports by Country
Import News
India’s Top 10 Imports
India bought US$667.2 billion worth of goods imported from around the world in 2023, up by 39.3% compared to $478.9 billion five years earlier during 2019. Year over year, that total dollar cost reflects an -8.9% reduction from $732.6 billion in 2022. Based on the average exchange rate for 2023 on a Purchasing Power Parity basis, the Indian rupee dropped by -20.8% against the … [Read more...] about India’s Top 10 Imports
California’s Top 10 Imports
Located along the United States’ west coast and home to movie-star mecca Hollywood, America’s most populous state California imported US$449.5 billion worth of products from international suppliers in 2023. That dollar amount represents a 13.7% increase in spending from $395.3 billion in 2020, but an -11.6% year-over-year drop from $508.7 billion for 2022. California is … [Read more...] about California’s Top 10 Imports
Austria’s Top 10 Imports
Austria imported US$225 billion worth of products from around the globe in 2023. Overall spending on Austrian imports expanded by 27.4% compared to $176.6 billion five years earlier for 2019. Year over year, the value of Austria’s import purchases flatlined via a -0.6% slowdown starting from $226.5 billion in 2022. Based on the average exchange rate for 2023, Austria uses … [Read more...] about Austria’s Top 10 Imports
Finland’s Top Imports
Finland imported US$82.7 billion worth of products from around the world in 2023, up by 12.2% compared to $73.7 billion five years earlier in 2019. Year over year, the total value of Finnish exports fell by -15% starting from $97.4 billion for 2022. Based on the average exchange rate for 2023, Finland uses the euro which depreciated by -3.5% against the US dollar but … [Read more...] about Finland’s Top Imports