Global purchases of imported corn cost a total US$68.8 billion in 2022. The overall value of corn imports expanded by an average 82.9% from all importing countries since 2018 when corn purchases were valued at $37.6 billion. Year over year, international purchases of corn rose by a 16.3% uptick compared to $59.2 billion during 2021. The 5 biggest importers of corn in 2022 … [Read more...] about Corn Imports by Country
Import News
Bananas Imports by Country
Global purchases of imported bananas totaled US$15.4 billion in 2022. The overall cost of imports for all countries declined by an average -5.5% since 2018 when international purchases of bananas were valued at $16.2 billion. Year over year, spending on imported bananas dropped by -8.3% compared to $16.7 billion during 2021. By value, the largest 5 international buyers of … [Read more...] about Bananas Imports by Country
Automotive Parts Imports by Country
International purchases of imported automotive parts or accessories cost a total US$423.3 billion in 2022. The overall cost for auto parts imported worldwide flatlined via an average 0.8% gain since 2018 when international purchases of auto components were valued at $419.9 billion. Year over year, the dollar total for globally imported automotive parts or accessories … [Read more...] about Automotive Parts Imports by Country
Saudi Arabia’s Top 10 Imports
The Kingdom of Saudi Arabia bought US$140 billion worth of imported products from around the globe in 2022. That estimated dollar metric grew by 3.6% from $135.2 billion five years earlier in 2018. Year over year, Saudi Arabian spending on imports decreased by -8.1% compared to $152.3 billion for 2021. In 2022, Saudi Arabia’s largest 5 imported products by spending were … [Read more...] about Saudi Arabia’s Top 10 Imports
Nigeria’s Top 10 Imports
Nigeria spent US$60.5 billion worth of products from around the world in 2022, inflating by 65.8% from $36.5 billion in 2018. From 2021 to 2022, the total cost of Nigerian imports rose 15.3% compared to $52.4 billion the year prior. Nigeria’s 3 most top imported products are refined petroleum oils, cars and wheat. That trio of leading imported goods approached one-half (45%) … [Read more...] about Nigeria’s Top 10 Imports