Encompassing fresh, chilled and frozen beef, worldwide purchases of imported beef totaled US$49.8 billion in 2019. The overall cost of beef imports rose 19.8% for all importing countries since 2015 when beef purchases were valued at $41.6 billion. Year over year, globally imported beef increased in cost by 5.6% from 2018 to 2019. By meat type, global imports of frozen beef … [Read more...] about Fresh or Frozen Beef Imports by Country
Spotlight
China’s Top Trading Partners
The world’s largest exporter by value, China exported US$2.591 trillion worth of goods around the globe in 2020. That dollar amount reflects a 22.3% gain since 2016 and a 3.7% increase from 2019 to 2020. That dollar amount also represents 13.8% of overall global exports (based on the total $19.709 trillion for 2019). Applying a continental lens, almost half (47.6%) of China … [Read more...] about China’s Top Trading Partners
Top Chinese Trade Balances
Mobile phones and computers represent major factors driving China’s highest trade surpluses by product, while the United Kingdom and Singapore 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 equaled a positive US$535 billion in 2020, … [Read more...] about Top Chinese Trade Balances
Utah’s Top 10 Exports
Nicknamed the “Beehive State” situated in America’s western region, Utah shipped US$17.7 billion worth of goods around the globe in 2020. That dollar amount reflects a 2.2% increase from 2019 to 2020 and a 52.9% increase since 2017. Utah ranks among America’s 30 biggest exporters by state behind front-runners including Texas, California, New York and Washington states. The … [Read more...] about Utah’s Top 10 Exports
Gold Imports by Country
Worldwide purchases of imported gold totaled an estimated US$306.2 billion in 2019. The overall value of gold imports rose by an average 21.7% for all importing countries since 2015 when gold purchases were valued at $251.7 billion. Year over year, gold imports increased by 0.1% from 2018 to 2019. From a continental perspective, European countries bought the highest dollar … [Read more...] about Gold Imports by Country
