Formerly called Zuid-Afrika, South Africa continues to face international trade challenges related to its geographic distances from South African trading partners like mainland China, Germany and the United States of America. South Africa exported US$110.5 billion worth of products around the globe in 2023. That dollar amount results from a 22.2% increase compared to $90.4 … [Read more...] about Top South African Trading Partners
Trade partners
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
America’s Top Trading Partners
The United States sold US$2.019 trillion worth of exports shipped to international markets in 2023. That dollar amount results from a 22.9% increase from $1.643 trillion in 2019, but reflects a -2.1% year-over-year decline compared to $2.063 trillion for 2022. To give some statistical perspective, America’s exports represent 8.2% of the overall value of all goods exported … [Read more...] about America’s Top Trading Partners