World trade in services recorded a 15% year-on-year increase in 2022, to approximately $7 trillion, the United Nations Conference on Trade and Development (UNCTAD) said. To note: Trade in services records the value of services exchanged between residents and non-residents of an economy, including services provided through foreign
World merchandise trade grew at a year-on-year rate of around 10% in 2022 to $25 trillion, UNCTAD reported. Among the largest economies, in the fourth quarter of 2022 and at year-on-year rates, export growth was recorded in Brazil (22%), the United States (9%) and the European Union (3%).
U.S. sporting goods and outdoor retail sales exceed $70 billion annually, according to 2021 data from the National Sporting Goods Association. First and foremost, the U.S. outdoor and sporting goods sector is comprised of three main categories: equipment, apparel and footwear. Each of these categories contains different product
Flowers Foods and Grupo Bimbo are the leading companies in the U.S. bakery market and both have varying degrees of global diversification. First, Flowers Foods’ top 10 customers in fiscal 2022 accounted for 54.5% of sales. During FY2022, its largest customer, Walmart/Sam’s Club, comprised 21.7% of the company’s
The United States, Germany and France were placed as the largest importers of coffee in the world during 2022, according to data from the World Trade Organization (WTO). First of all, the United States has remained in the leading position in this classification with the following sequence in
Jewelry markets had different behaviors in 2022, with a drop in the United States and rises in Canada and the United Kingdom, according to Signet Jewelers Limited, who relied on other primary data sources. As the world’s largest diamond jewelry retailer, Signet Jewelers operates approximately 2,800 stores, primarily