Canada imported US$554.2 billion worth of products from foreign suppliers in 2024. That dollar amount results from a 36.6% increase in spending compared to $405.7 billion spent during 2020. Year over year, the overall value of products imported into Canada flatlined via a -0.9% retreat from $559.2 billion in 2023. Based on the average exchange rate for 2024, the Canadian … [Read more...] about Canada’s Top 10 Imports
Import News
Japan’s Top Trading Partners
The world’s fourth-largest exporter behind China, America and Germany, Japan exported US$707.3 billion worth of products around the world in 2024. That dollar amount results from a -1.7% year-over-year retreat versus $719.8 billion in 2023. From 2020 to 2024, the overall value of Japanese exported goods grew by 10.4% from $641 billion. Known as the Land of the Rising Sun, … [Read more...] about Japan’s Top Trading Partners
Japan’s Top 10 Imports
Japan’s imports totaled US$742.9 billion worth of products in 2024. That dollar amount reflects a 17.1% increase from $634.7 billion five years earlier for 2020. Year over year, the overall value of goods imported into Japan reduced by -5.5% compared to $786.4 billion during 2023. Based on the average exchange rate for 2024, the Japanese yen depreciated by -6.7% against the … [Read more...] about Japan’s Top 10 Imports
China’s Top 10 Imports
The People’s Republic of China imported US$2.587 trillion worth of products bought from suppliers around the globe in 2024. That dollar amount results from a 25.8% increase from $2.057 trillion five years earlier during 2020. Year over year, the overall cost of China’s imports slowed to a 1.1% gain from $2.559 trillion in 2023. Based on the average exchange rate for 2024, … [Read more...] about China’s Top 10 Imports
US Crude Oil Exports & Imports by State
Overall, the United States of America exported US$118.5 billion worth of exported crude oil around the world in 2024, flatlining via a 0.6% upturn compared to $117.8 billion for 2023. Imports of crude oil bought by the United States totaled $167.5 billion resulting from a 1.4% increase in US spending on crude petroleum compared to $165.2 billion one year earlier. The dollar … [Read more...] about US Crude Oil Exports & Imports by State