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$862.7 billion deficit for 2017, up […]
China’s Top Trading Partners
October 13, 2018 by
The world’s largest exporter by value, China shipped US$2.272 trillion worth of products around the globe in 2017. That dollar figure represents roughly 14.2% of overall global exports estimated at $15.952 trillion one year earlier in 2016. From a continental perspective, about half (48.5%) of Chinese exports by value were delivered to fellow Asian countries […]
China’s Top 10 Imports
October 12, 2018 by
The People’s Republic of China imported US$1.841 trillion worth of goods from around the globe in 2017. That dollar amount reflects a -5.6% slowdown since 2013 but a 15.9% gain from 2016 to 2017. Chinese imports represent approximately 11.5% of total global imports which totaled an estimated $16.054 trillion one year earlier in 2016. From […]
Pakistan’s Top Trading Partners
October 7, 2018 by
In addition to its southern coastline along the Arabian Sea and Gulf of Oman, Pakistan shares land borders with China in the northeast, India to the east, Iran to the southwest and Afghanistan to the west. Pakistan shipped US$21.9 billion worth of products around the globe in 2017. That figure represents just 0.1% of overall […]
India’s Top Trading Partners
October 4, 2018 by
Officially named the Republic of India, India is a South Asian nation that shares land borders with China, Nepal and Bhutan to its north-east, Burma and Bangladesh to its east, and Pakistan to its west. India shipped US$295.8 billion worth of products around the globe in 2017. That figure represents roughly 1.9% of overall global […]
US Iron and Steel Imports by Supplier Countries
October 4, 2018 by
During 2017, the United States of America imported US$68 billion worth of iron and steel (including products made from those materials) from 158 global trade partners. Drilling down from that overall dollar metric, America spent 57.6% ($39.1 billion) on products made from iron or steel compared to 42.4% ($28.8 billion) on iron or steel in […]
US Crude Oil Exports & Imports by State
October 3, 2018 by
Based on United States Census Bureau’s foreign trade statistics, the 7 leading American states in terms of unprocessed petroleum shipments exported US$22.4 billion worth of crude oil in 2017. That dollar amount contrasts starkly with the $132.8 billion in crude oil purchases from international sources by America’s top 22 import states resulting in a -$110.5 […]
United Kingdom’s Top 10 Imports
October 3, 2018 by
The United Kingdom imported US$644.1 billion worth of goods from around the globe in 2017. That metric reflects a -2% drop since 2013 but a 1.2% uptick from 2016 to 2017. UK imports represent 4% of total global imports which totaled $16.054 trillion one year earlier during 2016. As of June 2018, UK’s import purchases […]
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