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