Global purchases of imported bananas totaled US$15.6 billion in 2019. Overall, the value of bananas imports for all importing countries rose by an average 6.2% since 2015 when international purchases of bananas were valued at $14.7 billion. From 2018 to 2019, imported bananas depreciated by -4.4%. From a continental perspective, European nations consumed the highest dollar … [Read more...] about Bananas Imports by Country
Import News
China Versus US Key Product Trade Balances
The People’s Republic of China earned a total US$295.3 billion trade surplus at the expense of the United States of America in 2019. China’s latest yearly positive trade balance with America reflects a 13% increase since 2015 but a -8.8% decline from its $323.7 billion in black ink during 2018. To give some context to the magnitude of China’s product surplus from exchanging … [Read more...] about China Versus US Key Product Trade Balances
Japan’s Top Trading Partners
Known as the Land of the Rising Sun, Japan is a major economic and political power in Asia. Yet it is a North American nation--the United States--that became the number one purchaser of Japanese export products during 2019. The world’s fourth-largest exporter, Japan shipped $705.7 billion worth of goods around the globe in 2019. That dollar amount reflects a -4.4% decline … [Read more...] about Japan’s Top Trading Partners
India’s Top Trading Partners
Officially named the Republic of India, India is a South Asian nation that shares land borders with China, Nepal and Bhutan to its north-east, Burma and Bangladesh to its east, and Pakistan to its west. India exported US$322.8 billion worth of goods around the globe in 2019. That dollar amount reflects a -0.4% reduction since 2015 but a 22.3% gain from 2018 to 2019. Applying … [Read more...] about India’s Top Trading Partners
Top EU Import Countries
Imports purchased by the 28 members of the European Union cost a total US$6.211 trillion in 2019. That dollar amount reflects a 14.3% increase in the costs of EU imported goods purchased in 2015 but a -3.8% drop from 2018 to 2019. European imports in 2019 represent an estimated 32.6% of overall world imports which totaled $19.065 trillion. That percentage is a decline from the … [Read more...] about Top EU Import Countries