Worlds Biggest #Importers Since 1995, the value of global #trade has increased nearly fivefold, falling just short of the peak seen in 2022. Today, 10 countries account for imports worth $12.4 trillion, representing more than half of the global total. From the U.S. to India, the world’s leading importers are characterized by robust economies and sizable consumer #markets. Factors such as business #investment, disposable #income, and exchange #rates also play a significant role in shaping import dynamics. In 2023, the U.S. imported $3.2 trillion in goods, making it the biggest importer globally. Source: Visual Capitalist
Paul DeSousa’s Post
More Relevant Posts
-
This graphic shows the top 30 largest importers of goods in the world, based on data from the World Trade Organization". Today, 10 countries account for imports worth $12.4 trillion, representing more than half of the global total. From the U.S. to India, the world’s leading importers are characterized by robust economies and sizable consumer markets. Factors such as business investment, disposable income, and exchange rates also play a significant role in shaping import dynamics. #global_economy #Import #investment
To view or add a comment, sign in
-
Ranked: The World’s Biggest #Importers of Goods Since 1995, the value of global trade has increased nearly fivefold, falling just short of the peak seen in 2022. Today, 10 countries account for imports worth $12.4 trillion, representing more than half of the global total. From the U.S. to #India, the world’s leading importers are characterized by robust #economies and sizable consumer markets. Factors such as #business investment, disposable income, and exchange rates also play a significant role in shaping #import dynamics. This #graphic shows the top 30 largest importers of goods in the world, based on data from the World Trade Organization https://lnkd.in/dv22R8sw
To view or add a comment, sign in
-
Top imports and exports of India Stock Market Analysis and Research website in India - Trade Brains simplifies sttock market investing by providing all essential tools & knowledge!! #import #export #india #investments
To view or add a comment, sign in
-
India’s merchandise exports declined marginally in March 2024 to USD 41.68 Bn, compared with a larger decline in imports, narrowing the trade deficit to an 11-month low of USD 15.60 Bn. For the entire FY24, merchandise exports declined 3.11% YoY to USD 437.06 Bn, as geopolitical issues continued to hamper global shipments. India’s improving trade performance will likely result in a current account surplus in Q4FY24 leading to a small, transient surplus of around USD 1-2 Bn in the quarter. Vinidhan - The Student Investment Fund presents - The Weekly Wrap (21st April 2024) #investments #equitymarkets #sharemarket #stockmarkets #equities #financialmarkets #portfoliomanagement #stockmarket #investing #weeklymarketupdate #stockstowatch #news #equityresearch #economynews
To view or add a comment, sign in
-
#India’s global #trade share hasn’t kept pace with its #FastGrowingEconomy, and the country is #losing out to #rivals like #Bangladesh and #Vietnam as #LowCost #Manufacturing #Export hubs, the #WorldBank has said. https://lnkd.in/gYvbR7g3
To view or add a comment, sign in
-
India's trade deficit, often seen as a byproduct of its rapid economic expansion, should not be overly concerning. The deficit reflects increased domestic demand for goods and services, indicating robust economic growth. While it highlights reliance on imports, it also signifies rising consumption and investment. Managing the deficit involves strategies to enhance export competitiveness rather than viewing it solely as a negative economic indicator. Read the full article: https://lnkd.in/gqzZfK7Q
India’s Trade Deficit Unpacked: Impact, Trends and Economic Growth
http://theeconomiclens0.wordpress.com
To view or add a comment, sign in
-
Ranked: The World's Biggest #Importers of Goods (by Visual Capitalist) Since 1995, the value of global trade has increased nearly fivefold, falling just short of the peak seen in 2022. Today, 10 countries account for imports worth $12.4 trillion, representing more than half of the global total. From the U.S. to India, the world's leading importers are characterized by robust economies and sizable consumer markets. Factors such as business investment, disposable income, and exchange rates also play a significant role in shaping import dynamics. This graphic shows the top 30 largest importers of goods in the world, based on data from the World Trade Organization
To view or add a comment, sign in
-
Today's Global Trade Market Research and Analysis Report Sector: Books and Papers Report: Top 10 Countries that Import Envelope Covers (HS Code 481710) and India's current exports and market share. Discover the leading importers and how India is performing in the global market. To download other Reports: https://lnkd.in/gHuTx4z9 For more news and updates, Join us on Telegram: https://t.me/navaties Join us on Whatsapp: https://lnkd.in/gW3NgThP #GlobalTrade #MarketAnalysis #BooksAndPapers #EnvelopeCovers #TradeReport #IndiaExports #ImportExport #MarketResearch #BusinessInsights #navaties #indiaties
To view or add a comment, sign in
-
𝐖𝐨𝐫𝐥𝐝 𝐓𝐫𝐚𝐝𝐞 𝐃𝐲𝐧𝐚𝐦𝐢𝐜 𝐢𝐧 𝟐𝟎𝟐𝟑 👉 The USA contributes 12.3% of total world trade in 2023, the highest share among the countries listed. 👉The US has a trade surplus of $272 billion, as it exports more than it imports. 👉The total trade value of the USA ($1,660 billion) is more than the combined trade of the United Kingdom (970) and Germany (941). 👁️ China is ranked low in trade balance, with a deficit of $162 billion, importing more than it exports. However, it ranks fifth in exports with 4.9% of world trade, but its imports make it one of the largest importers globally. 🔆 India has a trade surplus of $119 billion, with exports of $344 billion and imports of $225 billion. India’s share of total world trade is 4.4%, reflecting its growing importance in the global market. Source: Global Trade Outlook and Statistics, April 2024
To view or add a comment, sign in
-
See Visualized India's merchandise trade, which hits record highs in FY2023 with $448B in exports and $716B in imports. The trade deficit expands to $268B, emphasizing the need for diversified exports and reduced import dependency. #IndiaTrade #Economy #GlobalTrade https://lnkd.in/etzn2K3U
To view or add a comment, sign in
Leather Goods Export & Import Specialist | Luxury & High Quality Products | Collaboration Opportunity | Looking Buyers from worldwide for Long term relationships.
2wI agree