The People’s Republic of China imported US$2.559 trillion worth of goods bought from suppliers around the globe in 2023. That dollar amount results from a 23.8% increase from $2.067 trillion five years earlier during 2019. Year over year, the overall cost of China’s imports retreated by -5.8% from $2.716 trillion in 2022. Based on the average exchange rate for 2023, the … [Read more...] about China’s Top 10 Imports
Import News
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
Canada’s Top Trading Partners
Nicknamed the Great White North, the Dominion of Canada shares its busy and extensive southern land border with its largest trading partner--the United States of America. Canada shipped US$568.3 billion worth of exported products around the globe in 2023. That dollar amount results from an 27.4% gain compared to $446.2 billion during 2019. Year over year, the total value of … [Read more...] about Canada’s Top Trading Partners
United Kingdom’s Top Trading Partners
Comprised of England, Northern Ireland, Scotland and Wales, the United Kingdom is a sovereign state situated across from continental Europe’s north-western coast. The United Kingdom shipped US$519.4 billion worth of exported products around the world in 2023. That dollar amount results from a 10.9% increase from $468.3 billion for 2019 but a -2.1% reduction compared to $530.5 … [Read more...] about United Kingdom’s Top Trading Partners
Australia’s Top Trading Partners
Nicknamed the Land Down Under, Australia is an island economy that strongly benefits from its close proximity to the vast markets of China and Japan which together represent over half of all Australian export sales. From a global perspective, Australia shipped US$370.9 billion worth of exported products around the globe in 2023. That dollar amount results from a 36.1% increase … [Read more...] about Australia’s Top Trading Partners