US Product Surpluses and Deficits with Mexico

The United States incurred a -US$65.9 billion trade deficit exporting to and importing from Mexico during 2016. That statistic represents a 33.7% expansion from America’s -$49.3 billion deficit in 2009, the first year in which full effects from the Global Recession surfaced. Year over year, America’s trade deficit with Mexico in 2016 grew by 7.9% […]

Highest Value Canadian Export Products

The list of 20 highest value Canadian export products highlights a resource economy heavily dependent on global sales of oil, lumber, wheat, metals and chemicals. The overall leader among Canada’s exports is from the manufacturing sectors, namely cars. Automobile parts and accessories as well as aircraft products also rank among bestselling Canadian products on international […]

Top United States Trade Balances

Refined petroleum, soya beans, corn and semi-conductor making machinery are major drivers for the highest positive trade balances for the United States. Cars, crude oil and smartphones represent major factors causing the US to endure the greatest trade deficits by product. America’s trade balance for all products totaled a -US$797.9 billion deficit in 2016, up […]

Highest Value US Import Products

Cars, trucks and automotive parts and accessories were among the 20 highest value US import products in 2016. The most valuable US imports also include smartphones, computer hardware and accessories. Petroleum is another area where America’s domestic supply lags demand, which explains why both crude oil as well as processed oils appear on the top […]

Top Canadian Trade Balances

Trucks, auto parts, smartphones and other technology commodities were major factors behind Canada’s highest product trade deficits during 2016. China and Mexico placed first and second respectively among trade partners with which Canada experienced the highest negative trade balances. Canada’s overall trade deficit for all products equaled -US$13 billion in 2016, up by 115% from […]

Highest Value US Export Products

Processed petroleum oils topped the list of highest value US export goods for 2016, followed by automotive and electronics products. Also doing well were exported soya beans, diamonds, gold, corn and turbo-jets. The following list shows which American exports generated the greatest sales dollars in 2016. Unlike most information currently available on the web, the […]

United States Top 10 Imports

America imported US$2.252 trillion worth of goods from around the globe in 2016, up by 40.6% since 2009 but down by -2.4% from 2015 to 2016. United States top 10 imports accounted for two-thirds (66.8%) of the overall value of American product purchases from other countries. US imports represent 13.7% of the estimated $16.473 trillion […]

Highest Value Canadian Import Products

Cars, trucks and automobile parts were among the 20 highest value Canadian import products in 2016. The most valuable Canadian imports also include computers, related accessories and mobile phones. Fossil-fuel energy products is another area where Canada boasts strong domestic demand, which explains why both crude oil as well as refined petroleum appear among Canada’s […]