Germany imported US$1.425 trillion worth of products from around the world in 2024, up by 21.5% compared to $1.173 trillion during 2020. Year over year, the total cost of Germany’s imported goods declined by -3% from $1.47 billion in 2023. Based on the average exchange rate for 2024, Germany uses the euro which flatlined via a 0.02% gain against the US dollar from 2023 to … [Read more...] about Germany’s Top 10 Imports
Import News
South Korea’s Top Trading Partners
Officially named the Republic of Korea, South Korea is strategically located between the world-class importers namely China to its west and another Asian economic powerhouse Japan to South Korea’s east. South Korea exported US$683.7 billion worth of products during 2024, up by 33.3% compared to $512.8 billion for 2020. On an annual basis, the dollar total for 2024 results … [Read more...] about South Korea’s Top Trading Partners
United Kingdom’s Top Trading Partners
Comprised of England, Northern Ireland, Scotland and Wales, the United Kingdom is a sovereign state situated across from continental Europe’s north-western coast. The United Kingdom shipped US$512.8 billion worth of exported products around the world in 2024. That dollar amount results from a 27.4% increase from $402.6 billion five years earlier for 2020 but a -1.3% setback … [Read more...] about United Kingdom’s Top Trading Partners
Australia’s Top 10 Imports
Australia imported US$284.5 billion worth of products from around the world in 2024. Spanning a five-year timespan, that dollar amount reflects a 40.6% increase in spending from $202.3 billion that Australia paid for imports during 2020. Year over year, the total cost of Australian imports slowed to a 3.1% gain compared to $276 billion for 2023. Based on the average exchange … [Read more...] about Australia’s Top 10 Imports
United Kingdom’s Top 10 Imports
The United Kingdom bought US$815.9 billion worth of imported products from around the globe in 2024. That dollar amount reflects a 29.3% increase from $630.9 billion five years earlier during 2020 and a 3% year-over-year upturn from $791.9 billion in 2023. Based on the average exchange rate for 2024, the British pound appreciated by 2.8% against the US dollar from 2023 to … [Read more...] about United Kingdom’s Top 10 Imports