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  BASIC OUTLINE OF THE US TRADE 2021 The United States is considered the most powerful nation across the globe due to its unbeatable defense systems, technological advancements, and political stability. The US is also the biggest nation in terms of total trade crossing a mark of USD 4.5 trillion in the year 2021. The contribution of the United States to the total trade of the world in any year is very significant and is considered the cornerstone of the complete global world or economy. As of now, the US has trade relations with almost 200 countries, accompanied by numerous territories, and regional associations. As of now, the complete figures and US Trade Data for the year 2022 have not been out but based on our research and analysis of US Export Data and US Import Data for the same year, we are here with some statistical figures. TOP 05 EXPORTS FROM THE US TO THE REST OF THE WORLD According to our reports and analysis, the United States was the second largest exporter...

  In the year 2020, the United States and Australia celebrated their 80th anniversary of diplomatic relations. Australia is considered one of the major and most supporting partners of the United States. Both nations are mutually understanding and supportive on various grounds such as economic, social, defense, and cultural. The bond between these two countries is a source of motivation for all the countries in the Indo-Pacific belt. Not only bilateral trade but also the bilateral defense connections between the US and Australia are strong as the armies of both nations have fought side by side in every major war. Some of the battles that these two nations fought together were the battle of Hamel, the Battle of the Coral Sea, and Guadalcanal. Since World War 1, both nations are regularly taking necessary steps to grow their relations and make their defense systems even stronger and more powerful. Various agreements are signed between these countries to protect their rights and grow...

  OVERVIEW OF THE AGRICULTURAL MARKET OF THE UNITED STATES Agriculture is the most important and crucial industry of the United States as the major export from the US is done through this industry only. As per the data, the United States had approximately 2.04 million farms under its territory in the year 2017 which covered a land area of about 900 million acres. Agricultural practices in the United States are highly mechanized and systematic and only one farmer is enough to look after a farm measuring 1 km2. Various records are held by the United States in the field of agriculture in the year 2018. Some of the main achievements are: ·         Biggest maize & soy producer in the world (392 million tons and 123 million tons respectively). ·         Ranked as the 4 th largest wheat producer in the world (51.2 million tons) after China, India, and Russia. ·         T...

Yes! You read it right. Today we are going to share some of the very insightful details and updates about the footwear industry of the United States that would surely help you to become the Dwayne Johnson of the footwear industry of the United States. Starting from the market share and previous trends to the latest updates, we have got it all covered under this blog. HOW BIG IS THE GLOBAL FOOTWEAR INDUSTRY? In the year 2021, the global footwear market of the world amounted to roughly USD 373.2 billion. The market is forecasted to grow annually by 4.3% from 2022-2030 and in 2022, the footwear market already became worth USD 387.74 billion. Due to the dominance of e-commerce, marketing tactics of different footwear brands, and increasing awareness about healthy routines the demand for footwear is rising all across the world every year. It has been observed that after Covid-19 people are becoming more health conscious and moving towards a healthy lifestyle due to which they are getting in...

  MUTUAL COORDINATION AND TRADE RELATIONS BETWEEN INDIA AND THE US The mutual relations and coordination between the two nations are very good and respectable. Both nations support each other and discuss together on major issues like terrorism, showcasing distrust on Pakistan’s nuclear program, or the Indo-pacific tensions. As far as US Trade Data for the year 2022 is concerned, the US was the major trading partner of India, whereas India was the 7 th biggest trade partner of the US. According to the US Export Data for the year 2017, the nation exported goods worth USD 25.7 billion to India and in return, it imported goods worth USD 48.6 billion. As far as the main import items are concerned from India, then they were IT services, textiles and merchandise, machines, precious gems, and steel products. On the other hand, India mainly imported aircraft, hardware systems of computers, fertilizers, and waste/scrap metal from the US. Moreover, in the year 2005, the prime ministe...