Nigeria spent US$47.2 billion worth of products from around the world in 2024, deflating by -11% from $53 billion five years earlier in 2020. From 2023 to 2024, the total cost of Nigerian imports dropped -22.1% compared to $60.6 billion the year prior. Nigeria’s 4 most valuable imported products were refined petroleum oils, wheat, phone devices including smartphones, and … [Read more...] about Nigeria’s Top 10 Imports
Imports
Mexico’s Top 10 Imports
Officially the United Mexican States, Mexico imported US$571.8 billion worth of products from around the globe in 2024. That projected dollar amount results from a 49.3% advance compared to $383 billion five years earlier during 2020. From 2023 to 2024, the total value of Mexican import purchases reduced by -4.5% starting from $598.5 billion. Based on the average exchange … [Read more...] about Mexico’s Top 10 Imports
Saudi Arabia’s Top 10 Imports
The Kingdom of Saudi Arabia bought US$232 billion worth of imported products from around the globe in 2024. That dollar metric accelerated by 76.7% from $131.3 billion five years earlier in 2020. Year over year, Saudi Arabian spending on imports slowed to a 9.9% gain compared to $211.1 billion starting from 2023. In 2024, Saudi Arabia’s largest 5 imported products by … [Read more...] about Saudi Arabia’s Top 10 Imports
Philippines Top 10 Imports
The Republic of the Philippines imported US$134.9 billion worth of products bought from international suppliers around the globe in 2024. That dollar amount of Filipino spending reflects a 48.6% increase from $90.8 billion in 2020, but slowed to a 0.8% year-over-year gain from $133.8 billion starting in 2023. Based on the average exchange rate for 2024, the Philippine peso … [Read more...] about Philippines 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$393.8 billion worth of products in 2024 from suppliers located around the world. That dollar amount results from a 37.1% advance compared to $287.2 billion during 2020, and a 9.8% year-over-year acceleration from $358.7 billion in 2023. Based on the average … [Read more...] about Taiwan’s Top 10 Imports