Worldwide imports of cellphones cost a total US$xxx billion in 2021. Overall the cost of imported mobile phones purchases increased by 1.6% since 2017 when international purchases of cellphones were valued at $277.9 billion. Year over year, the value of globally imported cellphones dropped by -9.2% from 2020 to 2021. From a continental perspective, buyers located in Asian … [Read more...] about Cellphone Imports by Country
Finding the Best International Trade Stocks
International trade is one of the world’s most powerful financial forces, driving 18.5% of the world’s overall Gross Domestic Product of $146.71 trillion for 2021. Drilling down from those headline numbers, exported products totaled US$21.953 trillion in 2021 up 25.5% from 2020. Services comprised an additional $5.2 trillion worth of global sales for items such as delivery … [Read more...] about Finding the Best International Trade Stocks
Belarus Top Trading Partners
Belarus exported US$39.9 billion worth of goods to other countries in 2021, up by 36.4% increase since 2017 when Belarusian exports totaled $29.24 billion. Since 2020 when exports from Belarus amounted to $29.18 billion, overall exports from Belarus accelerated by 36.7% year over year. The 3 biggest customers buying Belarus’ exported products are Russia, Poland and Ukraine. … [Read more...] about Belarus Top Trading Partners
Top Indian Trade Balances
Crude oil, gold, coal and petroleum gases were among the major drivers propelling India’s highest trade deficits by product in 2021. Mainland China, Switzerland and Iraq took the top three spots for trade partners causing India its highest negative balances exchanging exports and imports. India’s overall trade deficit for all products equaled -US$175.6 billion in 2021, up by … [Read more...] about Top Indian Trade Balances
Top Chinese Trade Balances
Mobile phones and computers continue to be major drivers for China’s highest trade surpluses by product. From a geographic perspective, the United States of America and Hong Kong placed first and second respectively among trade partners at the expense of which the People’s Republic posted its highest positive trade balances. China’s total trade balance for all products … [Read more...] about Top Chinese Trade Balances