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
Imports
Indonesia’s Top 10 Imports
Indonesia imported an estimated US$141.6 billion worth of goods from around the globe in 2020, up by 4.4% since 2016 but down by -17.3% from 2019 to 2020. Based on the average exchange rate for 2020, the Indonesian rupiah depreciated by -9.6% against the US dollar since 2016 and dropped by -3.1% from 2019 to 2020. Indonesia's weaker local currency makes Indonesia's imports … [Read more...] about Indonesia’s Top 10 Imports
Nigeria’s Top 10 Imports
Nigeria imported US$53 billion worth of goods from around the globe in 2020, up by 47.3% since 2016 and up by 11.8% from 2019 to 2020. Based on the average exchange rate for 2020, the Nigerian naira depreciated by -41.5% against the US dollar since 2016 and declined by -16.9% from 2019 to 2020. Nigeria's weaker local currency makes its imports paid for in stronger US dollars … [Read more...] about Nigeria’s Top 10 Imports
Taiwan’s Top 10 Imports
An East Asian island surrounded by the People’s Republic of China, Japan and the Philippines, Taiwan imported US$287.4 billion worth of goods from suppliers located around the globe in 2020. That dollar amount reflects a 25.5% increase since 2016 and a 0.5% uptick from 2019 to 2020. Based on the average exchange rate for 2020, the new Taiwan dollar appreciated by 8.5% against … [Read more...] about Taiwan’s Top 10 Imports
China’s Top 10 Imports
The People’s Republic of China imported US$2.056 trillion worth of goods from around the globe in 2020. That dollar amount reflects a 29.4% increase since 2016 but a -0.6% downtick from 2019 to 2020. Based on the average exchange rate for 2020, the Chinese yuan has depreciated by -3.9% against the US dollar since 2016 but increased by 0.1% from 2019 to 2020. China's weaker … [Read more...] about China’s Top 10 Imports
