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$401.1 billion worth of goods around the globe in 2022. That dollar amount reflects a 50.5% increase from $254.5 … [Read more...] about Australia’s Top Trading Partners
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Philippines Top Trading Partners
The Philippines is a densely populated island located in Southeast Asia. The country’s official name is the Republic of the Philippines. The Philippines exported US$74.6 billion worth of goods around the globe in 2021, up by 18% since 2017 and increasing by 16.8% from 2020 to 2021. To give global perspective, the Philippines is a relatively small player in international … [Read more...] about Philippines Top Trading Partners
Canada’s Top Trading Partners
Nicknamed the Great White North, the Dominion of Canada shares its busy and extensive southern land border with its largest trading partner--the United States of America. Canada shipped US$503.4 billion worth of products around the globe in 2021. That dollar amount reflects a 19.5% gain since 2017 and a 29.1% increase from 2020 to 2021. Canadian exports represent about 2.9% … [Read more...] about Canada’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