Overview of the South America and North America Trade: Key Insights of the Valuable Stocks

South America right now is one of the key players in the global trade market. The rich natural resources and the diverse economies are the significant reasons behind the increasing trade activities. The current and future potential is the perspective of the responsive rate; representative of the growing GDP over the years. From a staggering GDP of 1.44 trillion US dollars in 2019, the growing economy of the nation has come a long way, recording a GDP value of 2.8 trillion US dollars in 2023. The export and import trade value of the same stands at a staggering rate of 587 billion US dollars and 428 billion US dollars in 2023.

Accompanying the North American growing economy, another part of the entire American continent: North America is also proceeding at a responsive rate worth a GDP value of 27.1 trillion US dollars in 2023. The export and import trade value of the region stands at a staggering rate of 2.9 trillion US dollars and 1.8 trillion US dollars. Import Globals with its North America Trade Data and South America Trade Data highlights all the key regions of the country’s global trade to help the globally emerging business leaders expand their business worldwide. Get into the key insights of the valuable stocks for optimization of the latest market trends for analysis of international global engagement.

LEADING EXPORTS OF SOUTH AMERICA IN 2023

According to the South America Import Export Trade Data, the top 10 leading exports of the region in 2023 are,

  1. Soybeans — Export trade value of Soybeans from South America in 2023–145 billion US dollars
  2. Iron ore — Export trade value of Iron ore from South America in 2023–138 billion US dollars
  3. Copper — Export trade value of Copper from South America in 2023–82 billion US dollars
  4. Petroleum oils — Export trade value of Petroleum oils from South America in 2023–27 billion US dollars
  5. Gold — Export trade value of Gold from South America in 2023–11 billion US dollars
  6. Coffee — Export trade value of Coffee from South America in 2023–10 billion US dollars
  7. Gasoline — Export trade value of Gasoline from South America in 2023–6 billion US dollars
  8. Bananas — Export trade value of Bananas from South America in 2023–5 billion US dollars
  9. Beef — Export trade value of Beef from South America in 2023–4 billion US dollars
  10. Poultry — Export trade value of Poultry from South America in 2023–2.5 billion US dollars

LEADING IMPORTS OF THE SOUTH AMERICA

As per the South America Import Data, the top 10 leading imports of the region in 2023 are,

  1. Machinery and Electrical Equipment — Valuation of Machinery and Electrical Equipment imports in 2023–140 billion US dollars
  2. Mineral Fuels- Valuation of Mineral Fuels imports in 2023–130 billion US dollars
  3. Vehicles- Valuation of Vehicles imports in 2023–110 billion US dollars
  4. Pharmaceuticals- Valuation of Pharmaceuticals imports in 2023–87 billion US dollars
  5. Plastics- Valuation of Plastics imports in 2023–67 billion US dollars
  6. Livestock Feed- Valuation of Livestock Feed imports in 2023–58 billion US dollars
  7. Iron and Steel- Valuation of Iron and Steel imports in 2023–42 billion US dollars
  8. Organic Chemicals- Valuation of Organic Chemicals imports in 2023–32 billion US dollars
  9. Cereals- Valuation of Cereals imports in 2023–25 billion US dollars
  10. Fish- Valuation of Fish imports in 2023–18 billion US dollars

LEADING EXPORTS OF NORTH AMERICA

The North America Import Export Trade Data highlights the below-mentioned as the top exported goods of the region in 2023.

  1. Machinery and mechanical appliances — Export trade value of in 2023–635 billion US dollars
  2. Mineral fuels- Export trade value of in 2023–488 billion US dollars
  3. Vehicles- Export trade value of in 2023–406 billion US dollars
  4. Electrical equipment — Export trade value of in 2023–278 billion US dollars
  5. Optical and medical instruments — Export trade value of in 2023–130 billion US dollars
  6. Pharmaceuticals — Export trade value of in 2023–104 billion US dollars
  7. Plastics — Export trade value of in 2023–87 billion US dollars
  8. Organic chemicals — Export trade value of in 2023–78 billion US dollars
  9. Iron and steel — Export trade value of in 2023–69 billion US dollars
  10. Gems and precious metals- Export trade value of in 2023–58 billion US dollars

LEADING IMPORTS OF NORTH AMERICA

As per the North America Import Data, the top leading imports of the region in 2023 are,

  1. Vehicles — Valuation of Vehicles imports in 2023–437 billion US dollars
  2. Electrical machinery — Valuation of Electrical machinery imports in 2023–314 billion US dollars
  3. Household appliances — Valuation of Household appliances imports in 2023–250 billion US dollars
  4. Mineral fuels — Valuation of Mineral fuels imports in 2023–180 billion US dollars
  5. Pharmaceuticals — Valuation of Pharmaceuticals imports in 2023–107 billion US dollars
  6. Optical and medical instruments — Valuation of Optical and medical instruments imports in 2023–89 billion US dollars
  7. Plastics — Valuation of Plastics imports in 2023–76 billion US dollars
  8. Iron and steel articles — Valuation of Iron and steel articles imports in 2023–69 billion US dollars
  9. Clothing — Valuation of Clothing imports in 2023–58 billion US dollars
  10. Organic chemicals — Valuation of Organic chemicals imports in 2023–45 billion US dollars

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