Jungle Scout releases its 2020 Global Imports Data & Trends Report, which explores the landscape of imports to the U.S. between 2015 and 2020 for all countries and industries and highlights some notable shifts, including:
- How the landscape of global trade is shifting in light of COVID-19
- Which country is chasing China as a rising global trade leader
- Where various categories of products are sourced worldwide and the best alternate suppliers by industry
According to the report, U.S. imports are tracking to be down nearly 5% by the end of 2020 (after rising 13%+ in the past 5 years). The Chemical & Allied Industries category accounts for more than 8% of all U.S. imports in 2020 and is one of the only categories growing this year. It has increased more than 9% year-over-year in share of imports.
For more information, visit: www.junglescout.com