Canada imported US$558.7 billion worth of products from foreign suppliers in 2023. That dollar amount results from a 23.2% increase compared to $453.7 billion spent during 2019. Year over year, the overall value of products imported into Canada retreated by -2% from $570.2 billion in 2022. Based on the average exchange rate for 2023, the Canadian dollar diluted by -1.7% … [Read more...] about Canada’s Top 10 Imports
North America
Canada’s Top 10 Exports
Nicknamed the Great White North, Canada sold US$568.3 billion worth of exported products in 2023 down by -5.1% from $598.6 billion one year before in 2022. The latest dollar total also reflects a 27.4% upturn compared to $446.2 billion over the 5-year period starting in 2019. Based on the average exchange rate for 2023, the Canadian dollar weakened by -1.7% against the US … [Read more...] about Canada’s Top 10 Exports
United States Top 10 Imports
The United States of America imported US$3.173 trillion worth of products from around the globe in 2023. That dollar amount reflects a 23.8% increase compared to $2.564 trillion in 2019 but a -6% year-over-year downtick from $3.376 trillion during 2022. From a continental perspective, 41.7% of America’s total imports by value in 2023 were purchased from providers in Asia. … [Read more...] about United States Top 10 Imports
United States Top 10 Exports
In 2023, the United States of America shipped $2.019 trillion worth of exported products around the globe. That dollar amount results from a 22.9% increase from $1.643 trillion five years earlier in 2019. Year over year, the overall value of goods exported from the U.S. dropped by -2.1% compared to $2.063 trillion for 2022. America's 5 leading export products by value in … [Read more...] about United States Top 10 Exports
Top 10 Exports from Texas
Nicknamed “The Lone Star State” and located in America’s South Central region, Texas shipped US$444.6 billion worth of exported products around the globe in 2023. That dollar amount results from a -8.8% year-over-year reduction from $487.4 billion in 2022. Compared to $277.4 billion back in 2020, international sales of Texan exports accelerated by 60.3% to the total shown … [Read more...] about Top 10 Exports from Texas