Why Are These World's Top 10-20 Importing Countries, By 2021-24? Blog-11

#FutureExportVision #DrLadeVedkumar

By Dr. Lade Vedkumar.

Very magnificent prospects are going to emerge in these countries.

These are 2020's average value and prospects by 2024.

Korea:

The import will increase from 327.5 billion dollars to 434.1 billion dollars.         

Italy:

The import will grow from 378.4 billion dollars to 430.3 billion dollars.

Viet Nam:

Its import market will grow from 212.2 billion dollars to 419.5 billion dollars. 

India:

The import will grow from 235.9 billion dollars to 413.4 billion dollars.

Belgium:

The import will grow from  324.2 billion dollars to 394.3 billion dollars.

Spain:

Its import will increase from 285.7 billion dollars to 355.5 billion dollars. 

Poland:

The import will grow from 212.8 billion dollars to 297.9 billion dollars.

Russian Federation:

The import will increase from 203.8 billion dollars to 289.0 billion dollars.         

Malaysia:

Its import will rise from 162.8 billion dollars to 279.2 billion dollars.

Singapore:

The import will grow from  221 billion dollars to 260 billion dollars.

Important conclusion:

Best results can be found in a country having a larger absolute difference between imports and prospects. It will create space to earn additional import.

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As we always say.

The best prospects cannot be found in the statistics of the last five years. Because yesterday has passed. Rather, the best prospects are hidden in the next five year statistics.

Note: All the values are in an US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2020's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years.

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Research sources:

1. World Trade Organization, Trade forecast.

2. World Bank WITS.

3. International Trade Centre.

Research access duration: December 2020.(second edition)

Important remark:

Most of the world market is recovering after post Covid-19 era.

© 2020-2024 Future Export Vision.

Other valuable editions:

 

Why Are These The World"s Top 20-30 Importing Countries, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-20-30.html

Why Are These The World"s Top 15 Importing Sub-Region, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-15-importing.html