America’s Fastest-Growing Import Partners

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After analyzing 2014 data for the 100 countries responsible for consuming the greatest dollar value in American imports, we found 10 nations that boosted their imports by over 100% since 2010.

All 15 of these import-consuming nations are located overseas. That fact could add to the shipping costs that faraway importers have to pay for American goods.

America’s Fastest-Growing Import Partners

Listed below in descending order below are the fastest-growing import countries for American exported products. These nations boosted imports from the USA by the greatest percentages over the five-year period ending in 2014.

  1. Togo: Up 477.7% since 2010 (US$980,731,000)
  2. Brunei Darussalam: Up 342.9% ($550,202,000)
  3. Kenya: Up 341.1% ($1,600,126,000)
  4. Azerbaijan: Up 275.1% ($949,974,000)
  5. Aruba: Up 149.4% ($1,339,944,000)
  6. Malta: Up 128.8% ($969,222,000)
  7. Ethiopia: Up 126.2% ($1,729,225,000)
  8. Algeria: Up 120.9% ($2,638,889,000)
  9. Equatorial Guinea: Up 111.8% ($575,680,000)
  10. Georgia: Up 108.5% ($626,587,000)
  11. Bolivia: Up 96.9% ($999,445,000)
  12. United Arab Emirates: Up 90.0% ($22,113,083,000)
  13. Bangladesh: Up 88.6% ($1,088,419,000)
  14. Oman: Up 82.8% ($2,014,018,000)
  15. Russia: Up 80.4% ($10,767,663,000)

Oil is by far the fastest-growing import from America into Togo, while there was a dramatic increase in US exports of aircraft, spacecraft and related equipment to Brunei Darussalam.

See also America’s Top Import Partners and Highest Value US Export Products


 
Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 30, 2015

The World Factbook, Field Listing: Imports, Central Intelligence Agency. Accessed on March 30, 2015

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 30, 2015