The world’s third-largest exporter after China and the United States of America, Germany exported US$1.689 trillion worth of products around the world in 2023. That dollar amount reflects a 13.6% gain from $1.487 trillion five years earlier in 2019. Year over year, the overall value of products exported from Germany posted a 1.5% improvement compared to $1.658 trillion for … [Read more...] about Germany’s Top Trading Partners
Import News
Japan’s Top Trading Partners
The world’s fourth-largest exporter behind China, America and Germany, Japan exported US$717.6 billion worth of products around the world in 2023. That dollar amount results from a -4.6% drop compared to $752.1 billion in 2022. From 2019 to 2023, the overall value of Japanese exported goods grew by a modest 1.7% from $705.8 billion. Known as the Land of the Rising Sun, … [Read more...] about Japan’s Top Trading Partners
South Africa’s Top 10 Imports
The Republic of South Africa imported US$107.2 billion worth of products from around the globe in 2023. That dollar amount reflects an 21.5% increase over the 5-year period starting from $88.2 billion in 2019. Year over year, overall South African spending on imported products decreased by -4.2% compared to $111.9 billion in 2022. Based on the average exchange rate for 2023, … [Read more...] about South Africa’s Top 10 Imports
Brazil’s Top 10 Imports
Brazil imported US$240.8 billion worth of products sourced from around the globe in 2023. That dollar amount reflects a 35.8% increase compared to $177.3 billion five years earlier during 2019. Year over year, the overall cost of goods imported into Brazil retreated by -11.7% from $272.7 billion in 2022. Based on the average exchange rate for 2023, the Brazilian real has … [Read more...] about Brazil’s Top 10 Imports
Australia’s Top 10 Imports
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