Nicknamed the Land Down Under, Australia is an island economy that strongly benefits from its close proximity to the vast markets of China and Japan which together represent over half of all Australian export sales. From a global perspective, Australia shipped US$345 billion worth of goods around the globe in 2021. That dollar amount reflects a 50.2% increase since 2017 and a … [Read more...] about Australia’s Top Trading Partners
Top partners
America’s Top Trading Partners
In 2021, the United States sold $1.754 trillion worth of goods shipped to international markets. That dollar amount reflects a 23.1% increase compared to $1.425 trillion for total global exports from all countries one year earlier in 2020. From a continental perspective, 33.4% of exports from the United States by value was delivered to its fellow North American trade … [Read more...] about America’s Top Trading Partners
North Korea’s Top Trading Partners
Officially named the People’s Democratic Republic of Korea, North Korea is strategically located on the north part of the Korean Peninsula near leading trading partners including China to its west and Japan to the east. Based on latest available statistics, North Korea exported US$150.8 million worth of products around the globe in 2021. That dollar amount reflects a -92.7% … [Read more...] about North 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$459.4 billion worth of goods around the globe in 2021. That dollar amount reflects a 4% increase since 2017 and a 16.1% acceleration from one year earlier in 2020 when UK total exports … [Read more...] about United Kingdom’s Top Trading Partners
China’s Top Trading Partners
The world’s largest exporter by value, mainland China exported US$3.026 trillion worth of goods around the globe in 2021. That dollar amount reflects a 33.2% gain since 2017 and a 16.8% acceleration from 2020 to 2021. The value of China’s total exports represents 14.1% of overall global exports (based on the world’s total $21.513 trillion for 2021). Applying a continental … [Read more...] about China’s Top Trading Partners
