Archives for June 2015

Greece’s Trade Deficit is Sobering

During 2014, the amount of money flowing out of Greece to pay for imported products amounted to US$62.2 billion. That total is far greater than the $35.8 billion Greeks earned from sales of its exports. Officially called the Hellenic Republic, Greece’s trade deficit for 2014 is $26.4 billion. Given a population of 10.7 million increasingly […]

World’s Fastest-Growing Export Products

After analyzing 2014 data for the export product groups that generated the highest dollar value in exports, we found ten product categories that increased their sales by over 50% from 2010 to 2014. Given the average increase for all exported products was 23.9% from 2010 to 2014, these products illustrate expanding demand around the world. […]

Fastest-Growing North American Export Countries

From 2010 to 2014, the average increase in the total value of all North American exports was 27.1%. To give some perspective on that statistic, world exports improved an average 23.5% over the same 5-year period. While the U.S. remains the biggest North American exporter, Mexico was the fastest-growing export country. Canada remains the laggard […]

Fastest-Growing Central American Export Countries

After analyzing 2014 export data, we found that only one Central American country that more than doubled the value of its exports from 2010 to 2014. Exports from Central America increased in value by an average 44.4% over the 5-year time frame. This is actually a faster clip than the 23.5% grand-total pace for all […]

World’s Fastest-Growing Export Countries

After analyzing 2014 data, we found 7 countries that boosted the value of their shipments by over 300% since 2010. Located on the Horn of Africa, Eritrean exporters performed particularly well posting a 3,470% improvement. Kiribati, an island nation in the central Pacific Ocean, also experienced a significant gain in the value of its exports […]

Fastest-Growing Hong Kong Export Products

Only 3 of the 15 fastest-growing Hong Kong export products posted a gain in value exceeding 200% from 2010 to 2014. Increases range from 66.7% for Hong Kong’s aircraft and spacecraft to 452.8% for railway and streetcar equipment. Overall, Hong Kong exports rose an average 30.8% over the 5-year period. Please note that this analysis […]

Fastest-Growing Saudi Export Products

Five of the 15 fastest-growing Saudi export products posted a gain in value exceeding 200% from 2010 to 2014. Increases range from 210.9% for Saudi Arabia’s inorganic chemicals to 210.9% for inorganic chemicals to 5,200% for miscellaneous manufactured products. Overall, Saudi exports rose 38.9% over the 5-year period. Please note that this analysis is at […]

Fastest-Growing Chilean Export Products

Eight of the 15 fastest-growing Chilean export products posted a gain in value over 100% from 2010 to 2014. Increases ranged from 183.9% for animal/vegetable fats and oils to 6,395% for nickel. Overall, Chilean exports rose 7.8% over the 5-year period. Please note that this analysis is at the 2-digit Harmonized Tariff System code level, […]