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Showing posts with the label us import data

Mexico emerged as the top trading partner of USA

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  Mexico kicks off this year as the top trading partner of the United States. Earlier in the Financial year 2022, China was the top trading partner for the United states. According to the US trade data reports, China had a total trade of 537 billion US Dollars. Whereas Mexico was the second largest trading partner of the United States followed by Canada, Japan, Germany, Vietnam, South Korea, Taiwan, India, Ireland and Italy. As per Mexico import export data , the total imports exports from Mexico were around 454 billion US Dollars in FY 2022. While 2023 reports reflect that Mexico has emerged as the top trading partner of the United States. According to the Mexico customs data , the overall trade enhanced by 12% in FY 2023. The total trade with the US was around 64 billion US Dollars. While Mexico export data indicates that the total exports were 27 billion US Dollars. On the other hand, the imports accounted for 37 billion US Dollars in 2023. As per US import data , vehicles, au...

India, "the second largest supplier of shrimps to USA"

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  Marine Industry covers over 40% of total export revenue for India. Also, India was the largest exporter of shrimp to the United States. But now, India is losing its ground to Ecuador. As it became the largest exporter of shrimps to the USA. Reason being, the lower prices and duty fee. According to the US import data reports, around 2.2 billion dollars of shrimps were exported by India to the USA in 2022. On the other hand, shrimp exports from Ecuador to the United States were estimated to be 2.7 billion US dollars as per our import export data reports. As per India import export data records, other major markets for India's shrimp were China, European Union, Japan, Middle East and South East Asian countries. Indian marine products exports include frozen shrimp, tuna fish, squids, cuttlefish, dried brine, octopus, etc. For the fiscal year 2023, Indian shrimp exports market could seek a positive growth. Indian SeaFood Market India is the second largest marine export market along...

Mexico Tequila Exports Hit Record $4.2 Billion in 2022

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  Mexico is the fastest growing Tequila exports market. Mexico is the leading producer and exporter of Tequila in the world. According to the Mexico import export data reports, the total spirit exports from Mexico were around 4.2 billion US Dollars in 2022. On the other hand, as per Mexico import data, around 338 million litres of wine was imported in 2022. As compared to last year's exports, there is a growth of 34% in 2022. Mexico's Tequila exports market has come a long way since 2012. At that time, it was merely 845 million US Dollars. Our Mexico customs data reports suggest that the United States was the leading importer of Mexico tequila with an import volume of 338 million litres in 2022. Other crucial Mexico tequila importer markets by import volumes were Germany (10 million litres), Spain (9 million litres), France (5 million litres), United Kingdom (5 million litres), Canada (4 million litres), Italy (4 million litres), Australia (4 million litres) and Japan (2 mil...

US Imports rose to 3.9 trillion US Dollars in 2022: Reports

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 As per the US import data 2022 reports, US Imports rose to 3.9 trillion US Dollars. The United States of America is currently the largest importer and second largest exporter in the world. US imports by country suggests that China, Mexico, Germany and Canada are the major exporters of goods to the USA. For the fiscal year 2022, Petroleum goods, instruments, chemical and medicinal products were the most imported items by the USA. Also, according to the US export data , the total US exports were around 3 trillion US Dollars in 2022. These include Petroleum products, Aircrafts accessories, and Natural gas mostly exported to Canada, Mexico, China and the United Kingdom. US import export data states that the US Agricultural Exports recorded an all time high of 200 billion US Dollars in 2022. The US major agricultural exports were fruits, vegetables, tree nuts, grains, soybeans, livestock and poultry products. The USA's total trade value was estimated to be 6.9 trillion US dollars in...