Japan imports 60% of its food, with low self-sufficiency rates for staples like soybeans and cooking oil. It has the largest fishing fleets in the world and high life expectancy rates, but one in six citizens live below the poverty line. Japan imports about 60% of its food. While the country is usually self-sufficient in […]
US oil imports have risen by 50% since 1980, with nearly 60% imported in 2009. Texas is the largest oil-consuming state, using over a billion barrels annually, and the US consumes more oil per day than Europe. Saudi Arabia, Russia, and the US are the top oil-producing nations. US oil imports have increased about 50% […]
Direct imports are products shipped from a foreign country to a consumer without intermediaries, reducing costs. The internet has made direct importing accessible to anyone, but challenges include taxation and lack of local resources. Direct imports are products manufactured in a foreign country that are shipped to another country and received by the consumer at […]
