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 […]

Top Chinese Trade Balances

Mobile phones and computers represent major factors behind China’s highest trade surpluses by product, while Hong Kong and the United States placed first and second respectively among trade partners with which the People’s Republic posted the highest positive balances. China’s total trade balance for all products equaled a positive US$530.3 billion in 2016, more than […]

Diamond Imports by Country

Global purchases of imported diamond totaled US$117.4 billion in 2016. Overall, the value of diamond imports for all importing countries was down by an average -7.3% since 2012 when diamond purchases were valued at $126.7 billion. Year over year, imported diamonds retreated by a modest -0.7% from 2015 to 2016. From a continental perspective, Asian […]

Tea Imports by Country

Global purchases of imported tea totaled US$6.1 billion in 2016. Overall, the value of tea imports for all importing countries was down by an average -14.5% since 2012 when tea purchases were valued at $7.1 billion. Year over year, the value of tea imports depreciated by -13.5% from 2015 to 2016. From a continental perspective, […]

Wheat Imports by Country

Global purchases of imported wheat totaled US$36.8 billion in 2016. Overall, the value of wheat imports for all importing countries was down by an average -24.6% since 2012 when wheat purchases were valued at $48.8 billion. Year over year, the value of imported wheat retreated by -12%. The 4-digit Harmonized Tariff System code prefix for […]

Top EU Import Countries

Imports purchased by the 28 members of the European Union amounted to US$5.217 trillion in 2016, down -8.7% in value since 2012 but up a modest 0.03% year over year from 2015 to 2016. European imports represent an estimated 32.5% of total world imports which amounted to $16 trillion for 2016. As benchmarks, world imports […]

Top Russian Trade Balances

Crude or refined petroleum oils and, to a lesser extent, coal were major factors behind Russia’s highest trade surpluses by product. Netherlands and South Korea placed first and second respectively among trade partners with which Russia experienced the highest positive trade balances. Russia’s overall trade surplus for all products equaled US$103.2 billion in 2016, down […]

Cars Imports by Country

Global purchases of imported cars totaled US$702.1 billion in 2016. Overall, the value of cars imports for all importing countries was up by an average 6.8% since 2012 when cars purchases were valued at $657.4 billion. Year over year, the value of imported cars shipments appreciated by 2.1% from 2015 to 2016. From a continental […]