Israel’s economy is about 50 times smaller than the Gross Domestic Product on a Purchasing Power Parity basis for the United States of America--the world’s second-biggest economy after mainland China. America’s overall population exceeds 333 million, almost 35 times greater than Israel’s head count of some 9.7 million in 2022. The United States is also the world’s number two … [Read more...] about USA vs Israel Inter-Country Trade Report
Archives for January 2024
Apples & Oranges Global Trade Compared
It’s like apples and oranges. That time-worn saying quickly conveys that two things cannot be logically compared. Oranges are a citrus fruit that provides consumers with much more fiber, vitamin C, potassium and calcium than apples do. Apples are non-citrus fruits; rather they belong to rose-family pome fruits. When it comes to international trade, apples and oranges can be … [Read more...] about Apples & Oranges Global Trade Compared
Russia vs China Trade Scorecard
Russia’s economy is about 6.5 times smaller than world-leading China’s Gross Domestic Product on a Purchasing Power Parity basis. China’s overall population exceeds 1.4 billion, roughly 10 times greater than Russia’s head count of about 144 million. Mainland China is also the world’s number one exporter, far outpacing Russia’s international sales which earned a 12th-place … [Read more...] about Russia vs China Trade Scorecard
Israel’s Top 10 Exports
Noted for photogenic coastlines along the Mediterranean Sea's southeastern shore and the Red Sea's northern shore, the State of Israel shipped US$73.6 billion worth of products around the world in 2022. That dollar amount results from an 18.9% rise from $61.9 billion in 2018 and a 23% acceleration from $59.8 billion in Israeli exports during 2021. Based on the average … [Read more...] about Israel’s Top 10 Exports
United Kingdom vs European Union Scorecard
The European Union’s collective economy is about 6 times bigger than the Gross Domestic Product on a Purchasing Power Parity basis for the United Kingdom. Cobbled together the EU’s overall population is roughly 5 times the UK’s head count. Nevertheless, the United Kingdom has made significant progress in improving its trade performance versus the 27 remaining EU countries … [Read more...] about United Kingdom vs European Union Scorecard