Officially named the Republic of Korea, South Korea is strategically located between the world-class importers namely China to its west and another Asian economic powerhouse Japan to South Korea’s east. South Korea exported US$632.2 billion worth of products during 2023, up by 16.6% compared to $542.3 billion five years earlier in 2019. On an annual basis, the dollar total … [Read more...] about South Korea’s Top Trading Partners
Import News
Norway’s Top 10 Imports
A Nordic nation in northwestern Europe that shares its long eastern border with Sweden, the Kingdom of Norway's imports cost a total US$96.8 billion in 2023. That dollar amount results from a 12.6% increase compared to $85.9 billion five years earlier during 2019. Year over year, the total cost of Norway’s spending on imported products shrank by -9.8% from $107.3 billion in … [Read more...] about Norway’s Top 10 Imports
Germany’s Top 10 Imports
Germany imported US$1.463 trillion worth of products from around the world in 2023, up by 18.3% compared to $1.236 trillion during 2019. Year over year, the total cost of Germany’s imported goods declined by -6.9% from $1.571 billion in 2022. Based on the average exchange rate for 2023, Germany uses the euro which depreciated by -3.5% against the US dollar since 2019 but … [Read more...] about Germany’s Top 10 Imports
Thailand’s Top 10 Imports
Thailand imported US$292 billion worth of products from around the world in 2023. That dollar metric reflects a 21.6% advance compared to $240.1 billion during 2019. Year over year, the overall cost of products imported into Thailand fell -4.7% from $306.3 billion in 2022. Thai imports for 2023 represent around 1.4% of overall global imports which cost $22.432 trillion one … [Read more...] about Thailand’s Top 10 Imports
Britain’s Top 10 Imports
Great Britain imported US$791.4 billion worth of products from around the world in 2023. That dollar amount results from a 14.3% gain from $692.5 billion five years earlier during 2019 but a -3% year-over-year decrease from $816.3 billion in 2022. Based on the average exchange rate for 2023, the British pound diluted by -2.7% against the US dollar since 2019 but increased by … [Read more...] about Britain’s Top 10 Imports