With the continued expansion of trade in goods and the rise of e-commerce, air freight services revenue in Hong Kong has seen an overall increase from HK$54.1 billion in 2017 to HK$67.5 billion in 2022. This represents a compound annual growth rate of 4.5% over the past five
The top five suppliers of semiconductor chips to the United States in 2022 were Malaysia, Taiwan, Vietnam, South Korea, and China. From around the world, U.S. imports of these products totaled $61.671 billion, up 12.9% year-over-year. Originating in Malaysia, these purchases totaled $16.921 billion, with that nation ranking
PACCAR recorded investments of $491.2 million in property, plant and manufacturing equipment during 2022, compared with $495.6 million in 2021. Over the past decade, the company has invested a total of $7.25 billion in capital projects and R&D worldwide. These investments have significantly enhanced the operating capacity and
The U.S. government has established a system to monitor its steel imports from Mexico and Canada. A U.S. congressional analysis estimated that U.S. domestic steel production reached 82 million metric tons in 2022. Of this, 10% was exported, with over 90% of the exports going to Canada and
Jones Lang LaSalle (JLL), a global real estate firm, refers that for its long-term growth strategy it has identified some macro trends that it considers important guiding influences in the continued expansion and evolution of this industry. In October 2022, the World Bank’s latest Urban Development Update forecasted
The world’s top 5 lead exporters in 2022 were South Korea, Australia, India, the United Kingdom and Canada. What is it used for? It is widely used in construction, plumbing, batteries, bullets and shot, weights, solder, pewter, fusible alloys, white paints, leaded gasoline and radiation protection. At the