Etsy, the online marketplace for handmade, vintage, or other unique items, is one of many popular Internet platforms where individual creators can sell their works. Nearly 15 million Americans earned a collective $6 billion using just nine of these platforms. Millions more did the same worldwide. And now many of these creators are also global traders.
North America has a sweet relationship — we are each other’s largest trading partners in chocolate.
Riding the global waves of internet retailing, animal celebrity on social media, and “pet parenting,” spending on pet products and services is growing all over the world.
Europe, North America, Japan and Russia are the biggest traditional markets for snowboarding. As the Olympic Winter Games kick off, the industry is hoping new events and even more spectacular tricks will provide “big air” to the sport’s popularity, particularly in Asia.
Countries that have hosted the Olympics — and even those that bid and lose — enjoy a permanent increase in national exports of around 30 percent. That’s potentially more impactful than entering into trade agreements.
The truth about trade agreements is that they’re almost never just about trade. The United States’ free trade agreement with South Korea is no exception.
Sports fans around the world have so many new platforms and formats to enjoy premium sporting events, that income from the sale of broadcasting and media rights far surpasses revenue from ticket sales in most sports. Unlike in football, the rules of this game are still being written.
Before NAFTA went into effect, Americans ate around one pound of avocados per person each year. Today, 82 percent of the avocados we consume in the United States arrive here from Mexico.