Imports and exports are the terms used to describe the goods and services traded between nations. Imports Countries import goods that they cannot produce domestically, or that companies can supply to these countries at a higher quality or lower cost. The term can also apply to services rendered to residents of one country from non-residents. Even tourists fall under a loose definition of providing an imported service through the investment they make in hotels, restaurants and attractions. Import statistics can be difficult to track, because of varying definitions and inaccurate coverage. Most of the data collected comes from declarations to custom services. However, these would not account for goods imported to one member nation from another in the European Union (EU), since such products may be moved without customs controls. According to the World Trade Organization, the United States is the world’s largest importer (based on capital investment), followed by the EU, China, Germany and Japan. Exports Exports, simply put, are goods or services produced locally and sold abroad. This may be done as a way to boost the producing nation's gross output, or in exchange for more desired products or services. China has been the world's largest exporter of goods since 2009. Official estimates suggest Chinese exports amounted to $1.904 trillion in 2013. This represents a significant reversal of policies in place for much of that nation’s history, when a more protectionist stance was taken in trading policies. The EU ranks second in exports, followed by the United States, Germany and Japan.
U.S. Bans Russian Uranium Imports to Boost Energy Security
On May 13, 2024, President Biden signed the Prohibiting Russian Uranium Imports Act (H.R. 1042) into law, marking a significant… Read More
EU Olive Oil Production to Gain 13% Through 2030 on High Export Demand
IndexBox has just published a new report: ‘EU – Olive Oil (Virgin) – Market Analysis, Forecast, Size, Trends and Insights’…. Read More
U.S. States Whose Auto Industry Was Hit Hardest During COVID-19
Amid recent concerns about inflation, rising prices for new and used vehicles have received significant attention. According to recent data… Read More
EU Dairy Market Forecast: Cheese Prices to Rise Sharply, Butter and Fluid Milk to Keep Calm
IndexBox has just published a new report: ‘EU – Dairy Produce – Market Analysis, Forecast, Size, Trends and Insights‘. Here… Read More
Corn Prices to Lose 10% in 2022, U.S. Exports Double to $16.5B
IndexBox has just published a new report: ‘U.S. – Maize – Market Analysis, Forecast, Size, Trends and Insights. Here is… Read More
Boosting Investments in Eco Battery Industry to Drive Global Bromine Market
IndexBox has just published a new report: ‘World – Iodine, Fluorine And Bromine – Market Analysis, Forecast, Size, Trends and… Read More
U.S. Wheat Prices to Fall in 2022, Global Supply to Remain Adequate
IndexBox has just published a new report: ‘World – Wheat – Market Analysis, Forecast, Size, Trends and Insights’. Here is… Read More
Copper Prices to Slump in 2022 on Rising Supply
IndexBox has just published a new report: ‘World – Copper – Market Analysis, Forecast, Size, Trends and Insights. Here is… Read More
EU Olive Oil Production to Gain 13% Through 2030 on High Export Demand
IndexBox has just published a new report: ‘EU – Olive Oil (Virgin) – Market Analysis, Forecast, Size, Trends and Insights‘…. Read More
Shrimp Prices to Soar in 2022 on Rising Logistical Costs
IndexBox has just published a new report: ‘World – Frozen Crustaceans – Market Analysis, Forecast, Size, Trends And Insights‘. Here… Read More
Soybean Oil Prices to Gain 4% in 2022 Due to Boosting Demand for Biofuels
IndexBox has just published a new report: ‘World – Soybean Oil – Market Analysis, Forecast, Size, Trends and Insights’. Here is… Read More
U.S. to Boost Bread and Bakery Imports to Decade’s Maximum of $7.7B
IndexBox has just published a new report: ‘U.S. – Bread and Bakery Product – Market Analysis, Forecast, Size, Trends and Insights’…. Read More
« Previous 1 … 9 10 11 12 13 … 224 Next »