Brazil’s overall trade surplus for all products equaled US$50.9 billion in 2020, up by 2,127% from its $2.3 billion surplus in 2013. Year over year, the $50.9 billion in black ink for 2020 reflects a 9.1% increase from the $46.7 billion surplus that Brazil generated one year earlier in 2019. Products including soya beans, iron, crude oil, sugar and frozen beef were major … [Read more...] about Top Brazilian Trade Balances
Countries
Top South Korean Trade Balances
Exported electronics components and cars were major factors behind South Korea’s highest trade surpluses by product. Hong Kong, Vietnam and China placed in the top 3 respectively among trade partners with which South Korea won the highest positive trade balances. South Korea’s overall trade surplus for all products equaled US$45.2 billion in 2020, up by 2.6% from a $44.1 … [Read more...] about Top South Korean Trade Balances
Top Turkish Trade Balances
Gold, iron or steel scrap, mobile phones and coal were major factors behind Turkey’s highest trade deficits by product. Germany, Switzerland, Russia and China represent the trade partners with which Turkey incurred the highest negative trade balances. Turkey’s total trade balance for all products equaled a -US$49.9 billion deficit in 2020, down -50% from the -$99.9 billion in … [Read more...] about Top Turkish Trade Balances
UK’s Major EU Exports
The United Kingdom exported US$215.4 billion worth of goods to nations that are European Union members during 2019 or 46% of UK’s global exports total of $468.3 billion. The EU subtotal reflects an 2.8% increase in UK-to-EU international sales from 2017 to 2019 but a -5.4% reduction from $227.7 billion in 2018. In comparison, overall UK exports to all trade partners worldwide … [Read more...] about UK’s Major EU Exports
Australia’s Top 10 Major Export Companies
Three of Australia’s biggest firms are banks that support financing for international trade transactions. In addition, two of Australia’s 10 largest exports-related companies operate in the oil and gas industry. To give some global trade perspective on recent company performance, the overall value of Australian exported goods rose by 42.5% from US$191.3 billion in 2015 to … [Read more...] about Australia’s Top 10 Major Export Companies