In this article, we discuss the 5 biggest import-export companies in the world. To read the detailed analysis about global imports and exports, go directly to the 15 Biggest Import-Export Companies in the World.
5. McKesson Corporation (NYSE:MCK)
Market Cap as of November 30: $53.406 billion
McKesson Corporation (NYSE:MCK) is an American healthcare company. The company provides health information technology, medical supplies, and care management tools and almost 33% of all pharmaceuticals that are sold in North America. The company exports its products worldwide. McKesson Corporation (NYSE:MCK) was founded in 1828 and started as an importer and supplier of botanical drugs.
In the third quarter of 2022, hedge funds showed a positive sentiment toward McKesson Corporation (NYSE:MCK). 51 hedge funds had a stake in the company in Q3 2022, compared to 47 in the previous quarter.
Here is what Baron Funds specifically said about McKesson Corporation (NYSE:MCK) in its Q3 2022 investor letter:
“McKesson Corporation (NYSE:MCK) is a leading distributor of pharmaceuticals and medical supplies. The company also provides prescription technology solutions that connect pharmacies, providers, payers, and biopharmaceutical customers. The stock price rose on solid financial results as its business is less exposed to current macroeconomic headwinds. We continue to have conviction that McKesson can grow earnings per share by an average of 12% to 14% annually and think the stock is still reasonably valued.”
4. Archer-Daniels-Midland Company (NYSE:ADM)
Market Cap as of November 30: $53.56 billion
Archer-Daniels-Midland Company (NYSE:ADM) is an Illinois-based food processing and commodity trading company. The company is a major import/export company among US companies. It imported/exported 50.75 billion kg worth of products globally in 2021.
Archer-Daniels-Midland Company (NYSE:ADM) is a dividend stock that has increased its dividend for the last 49 years. Moreover, the company’s dividend has almost doubled in the last decade and grown at a CAGR of 5% in the last three years. It has a dividend yield of 1.69% as of November 30 with an annualized dividend of $1.60. By looking at the company’s dividend history, it is safe to say that the company will be declaring a dividend raise in its next quarter.
On October 26, Baird analyst Ben Kallo reaffirmed an Outperform rating on Archer-Daniels-Midland Company (NYSE:ADM)’s shares. Kallo mentioned that the company is adding value to shareholders through share buybacks and strategic mergers & acquisitions.
Here is what Diamond Hill Capital had to say about Archer-Daniels-Midland Company (NYSE:ADM) in its Q1 2022 investor letter:
“ADM is a leading agricultural processor that also operates a global nutrition business focused on the development of ingredients and flavors for food and beverages, supplements, and more. The company’s recent operating results have benefited (unfortunately) from the war in Ukraine as grain prices and agricultural markets globally experienced strong price increases. ADM is positioned well to benefit from the volatility due to its stable North American agricultural base.”
3. QUALCOMM Incorporated (NASDAQ:QCOM)
Market Cap as of November 30: $141.8 billion
QUALCOMM Incorporated (NASDAQ:QCOM) is an American multinational semiconductor and telecom equipment company. It has also partnered with a few automotive giants to capture the market of up and coming autonomous vehicle industry. QUALCOMM Incorporated (NASDAQ:QCOM) is one of the biggest chipset makers in the world and its chips are exported globally, especially for the assembly of Android phones.
QUALCOMM Incorporated (NASDAQ:QCOM) is fast becoming the global leader in the 5G IoT market. The company’s 5G baseband market share is racing upwards at a substantial pace which was 29% in Q2 2020 and crossed over 76% in 2021. Furthermore, Renault and Mercedes have partnered with QUALCOMM Incorporated (NASDAQ:QCOM) for advanced automotive solutions in the autonomous vehicle industry with the use of Qualcomm’s Snapdragon® Digital Chassis™.
QUALCOMM Incorporated (NASDAQ:QCOM) was favored significantly by hedge funds in the third quarter of 2022. 80 of the 920 hedge funds tracked by Insider Monkey had a stake in the company in Q3, compared to 71 in the previous quarter. Matrix Capital Management owned over 3.3 million shares of the company in the third quarter making it the most notable stakeholder in the company.
Here is what ClearBridge Investments had to say about QUALCOMM Incorporated (NASDAQ:QCOM) in its Q4 2021 investor letter:
“Market strength continued in the fourth quarter, with only the communication services sector down in the Russell 1000 Value Index. Portfolio returns benefited from the strong performance of semiconductor maker Qualcomm, which has executed exceptionally well in pursuing the transition to 5G, growing both content and share due to its leadership position in cellular technology. The chipmaker recently outlined a number of peripheral growth opportunities outside of mobile markets, including automotive (where it hopes to leverage its strong presence in the automotive infotainment space into advanced driver assistance systems), Internet of Things (including opportunities in the PC market, VR/AR market, and factory automation) and radio frequency (where mmWave adoption globally, including China, would drive substantial upside).”
2. Toyota Motor Corporation (NYSE:TM)
Market Cap as of November 30: $201.513 billion
Toyota Motor Corporation (NYSE:TM) is one of the largest automotive manufacturers in the world. It is headquartered in Aichi, Japan, and produces approximately 10 million vehicles per year. The company is a global exporter and from January to July 2022, the company exported 968,845 units. In addition, Toyota Motor Corporation (NYSE:TM) also imports parts for vehicle production. According to the management, 60% of the car components used in US production are locally made and the rest are imported from abroad. In comparison, only 1% to 2% of the parts used in Japan are imported.
Toyota Motor Corporation (NYSE:TM) is a dividend stock with a yield of 2.39% as of November 30. The company pays dividends semi-annually with the next payout date coming on December 2, 2022.
In Q3, Toyota Motor Corporation (NYSE:TM) was a part of 12 hedge fund portfolios, in line with the previous quarter. Fisher Asset Management was the largest stakeholder in the company and increased its activity in the company by 3% in the third quarter. Moreover, Renaissance Technologies was the second largest stakeholder in the company after increasing its holdings in Toyota Motor Corporation (NYSE:TM) by 100%.
Here is what Baron Funds has to say about Toyota Motor Corporation (NYSE:TM) in its Q1 2022 investor letter:
“Toyota’s (NYSE:TM) “kaizen” manufacturing philosophy is based on improving manufacturing by using “just in time” processes to eliminate waste and reduce inventory carrying costs. Clearly the company does not contemplates disruptive change that will dramatically lower costs and improve quality.”
1. Saudi Arabian Oil Company (TADAWUL:2222.SR)
Market Cap as of November 30: $7.29 trillion
Saudi Arabian Oil Company (TADAWUL:2222.SR) or Saudi Aramco is the world’s largest company by market capitalization. Its market cap surpassed Apple Inc. (NASDAQ:AAPL) on May 11, 2022. The company is the largest oil producer and exporter in the world. In 2021, Saudi Arabian Oil Company (TADAWUL:2222.SR) produced around 9.2 million barrels per day.
On November 30, Saudi Arabia’s energy minister announced that Saudi Arabian Oil Company (TADAWUL:2222.SR) has discovered two new natural gas fields, Awtad and AlDahna. Per day, 10 million standard cubic feet of gas flow from the Awtad-108001 well and 16.9 million standard cubic feet from Awtad-100921.
In its 2021 financial report, Saudi Arabian Oil Company (TADAWUL:2222.SR) said that the company intends to become the global leader in Carbon Capture and Storage and is working to develop a substantial hydrogen export capability. On November 11, the company signed a joint development agreement with SLB and Linde to build a carbon capture and storage hub.
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