The world’s largest exporter by value, mainland China exported an estimated US$3.369 trillion worth of goods around the globe in 2021. That dollar amount reflects a 48.3% gain since 2017 and a 30.1% acceleration from 2020 to 2021. The value of China’s total exports also represents 19.2% of overall global exports (based on the total $17.503 trillion for 2020). Applying a … [Read more...] about China’s Top Trading Partners
Import News
United Kingdom’s Top 10 Imports
The United Kingdom imported US$690.6 billion worth of goods from around the globe in 2021. That dollar amount reflects a 7.8% increase since 2017 and an 8.9% uptick from 2020 to 2021. Based on the average exchange rate for 2021, the British pound appreciated by 6.4% against the US dollar since 2017 and increased by the same 6.4% from 2021 to 2021. The UK's stronger local … [Read more...] about United Kingdom’s Top 10 Imports
Ukraine’s Top 10 Imports
Imports of goods into Ukraine incurred an estimated cost totaling US$54 billion in 2020, expanding 37.5% since 2016 but falling -11.1% from 2019 to 2020. Based on the average exchange rate for 2020, the Ukrainian hryvnia depreciated by -5.5% against the US dollar since 2016 and depreciated by -4.3% from 2019 to 2020. Ukraine's weaker local currency makes Ukraine's imports paid … [Read more...] about Ukraine’s Top 10 Imports
Russia’s Top Trading Partners
Based on the latest international trade map data, Russia exported US$491.6 billion worth of merchandise around the globe in 2021. That dollar amount reflects a 37.7% expansion since 2017 and a 45.8% increase from 2020 to 2021. By value, Russia generates about 2.3% of the world’s overall product exports estimated at $17.503 trillion one year earlier in 2020. Officially named … [Read more...] about Russia’s Top Trading Partners
Japan’s Top Trading Partners
The world’s fourth-largest exporter behind China, America and Germany, Japan shipped US$756 billion worth of goods around the globe in 2021. That dollar amount reflects a 17.9% gain since 2020 and an 8.3% increase from 2017 to 2021. Known as the Land of the Rising Sun, Japan is a major economic and political power in Asia. Mainland China was the number one purchaser of … [Read more...] about Japan’s Top Trading Partners
