A Brief Overview of the Oceania and European Countries Trade in 2023
The political and economic union of 27 sovereign member states is right now leading as one of the largest trading destinations in the world accounting for more than 15% of the global trade revenue rate. The highly influenced and advanced manufacturing industries of the region like automobile, aerospace, pharmaceutical, and machinery are providing opportunities for the region to rank among the competitive international market. The attributing factors behind the growing global and regional interface for the globally growing acquisitions have been fostering the overall revenue rat supporting the global economy.
Oceania, the region also known as the South Pacific region is simultaneously growing because of its diversifying trends in the import and export market. The abundance of natural resources present in the land area and the mining essentials promotes the overall revenue rate. Import Globals provides all the detailed trade insights of the region's global trade for helping business holders expand their business worldwide via optimization of the latest global trade trend strategies.
TOP 10 IMPORTED GOODS OF EUROPEAN COUNTRIES IN 2023
Due to the growing domestic acquisitions, the import trade value of the European region has recorded a staggering rate of 1.24 trillion US dollars in 2023. According to the European Countries Import Data, the top 10 imported goods of the region in 2023 are,
• Petroleum and Petroleum Products – Import trade value of Petroleum and Petroleum Products in the European region in 2023 – 700 billion US dollars
• Machinery and Mechanical Appliances – Import trade value of Machinery and Mechanical Appliances in the European region in 2023 – 500 billion US dollars
• Electrical Machinery and Equipment– Import trade value of Electrical Machinery and Equipment in the European region in 2023 – 400 billion US dollars
• Pharmaceuticals – Import trade value of Pharmaceuticals in the European region in 2023 – 300 billion US dollars
• Vehicles – Import trade value of Vehicles in the European region in 2023 – 200 billion US dollars
• Plastics and Plastic Articles – Import trade value of Plastics and Plastic Articles in the European region in 2023 – 150 billion US dollars
• Optical Instruments and Photographic Equipment– Import trade value of Optical Instruments and Photographic Equipment in the European region in 2023 – 100 billion US dollars
• Iron & Steel – Import trade value of Iron & Steel in the European region in 2023 – 80 billion US dollars
• Organic Chemicals– Import trade value of Organic Chemicals in the European region in 2023 – 70 billion US dollars
• Mineral Fuels and Oils – Import trade value of Mineral Fuels and Oils in the European region in 2023 – 56 billion US dollars
THE LEADING COMPANIES OF THE EUROPEAN REGION
According to the European Countries Import Export Trade Data, the top 10 companies facilitating the overall region’s trade in 2023 are,
1. Shell – LOCATION –Netherlands
• Export value – 380 billion US dollars
• Import value – 245 billion US dollars
2. Volkswagen Group– LOCATION –Germany
• Export value – 356 billion US dollars
• Import value – 212 billion US dollars
3. TotalEnergies– LOCATION – France
• Export value – 287 billion US dollars
• Import value – 176 billion US dollars
4. Glencore– LOCATION –Swiss-based
• Export value – 245 billion US dollars
• Import value – 162 billion US dollars
5. BP– LOCATION –United Kingdom
• Export value – 208 billion US dollars
• Import value – 121 billion US dollars
6. Stellantis– LOCATION –Amsterdam
• Export value – 189 billion US dollars
• Import value - 145 billion US dollars
7. BMW– LOCATION –Germany
• Export value – 176 billion US dollars
• Import value – 121 billion US dollars
8. Mercedes-Benz Group– LOCATION –Germany
• Export value – 108 billion US dollars
• Import value – 98 billion US dollars
9. Électricité de France– LOCATION –France
• Export value – 87 billion US dollars
• Import value -76 billion US dollars
10. Banco Santander– LOCATION –Spain
• Export value – 79 billion US dollars
• Import value – 58 billion US dollars
TOP 10 IMPORTED GOODS OF OCEANIA IN 2023
The growing middle-class population of Oceania and the increasing domestic acquisitions has recorded a staggering import trade rate of 500 billion US dollars in 2023. According to the Oceania Import Data, the top 10 imported goods of the nation in 2023 are,
• Machinery and Mechanical Appliances – Import trade value of Machinery and Mechanical Appliances in Oceania 2023 – 145 billion US dollars
• Pharmaceutical Products– Import trade value of Pharmaceutical Products in Oceania 2023 – 89 billion US dollars
• Vehicles – Import trade value of Vehicles in Oceania 2023 – 52 billion US dollars
• Electrical Machinery and Equipment – Import trade value of Electrical Machinery and Equipment in Oceania 2023 – 38 billion US dollars
• Mineral Fuels – Import trade value of Mineral Fuels in Oceania 2023 – 26 billion US dollars
• Optical Instruments – Import trade value of Optical Instruments in Oceania 2023 – 24 billion US dollars
• Plastics and Plastic Articles – Import trade value of Plastics and Plastic Articles in Oceania 2023 – 22 billion US dollars
• Iron and Steel– Import trade value of Iron and Steel in Oceania 2023 – 18 billion US dollars
• Articles of Iron and Steel – Import trade value of Articles of Iron and Steel in Oceania 2023 – 12 billion US dollars
• Medical Equipment– Import trade value of Medical Equipment in Oceania 2023 – 10 billion US dollars
TOP 10 LEADING COMPANIES OF OCEANIA IN 2023
According to the Oceania Import Export Trade Data, the top 10 leading companies of the nation supporting the overall trade revenue in 2023 are,
1. BHP Group – Location – Melbourne, Australia
Annual revenue rate – 76.81 billion US dollars
2. Woolworths Group– Location – Sydney, Australia
Annual revenue rate – 56 billion US dollars
3. Wesfarmers– Location – Perth, Australia
Annual revenue rate – 48 billion US dollars
4. Coles Group– Location – Melbourne, Australia
Annual revenue rate – 35 billion US dollars
5. Ampol– Location – Sydney, Australia
Annual revenue rate – 28 billion US dollars
6. Commonwealth Bank– Location – Sydney, Australia
Annual revenue rate – 26 billion US dollars
7. Viva Energy– Location – Melbourne, Australia
Annual revenue rate – 22 billion US dollars
8. QBE Insurance– Location – Sydney, Australia
Annual revenue rate – 18 billion US dollars
9. ANZ Bank– Location – Melbourne, Australia
Annual revenue rate – 12 billion US dollars
10. National Australia Bank (NAB) – Location – Melbourne, Australia
Annual revenue rate – 10 billion US dollars
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