The People’s Republic of China earned a total US$323.7 billion trade surplus at the expense of the United States of America in 2018. China’s latest yearly positive trade balance with America reflects a 36.6% expansion since 2014 and a 17.3% gain from its $275.9 billion in black ink during 2018. During the first 6 months of 2019, China grew its trade surplus doing business with … [Read more...] about China Versus US Key Product Trade Balances
Import News
South Africa’s Top 10 Imports
The Republic of South Africa imported US$93.4 billion worth of goods exported from around the globe in 2018. That dollar value reflects a -6.4% setback over the 5-year period starting in 2014 but a 12.5% gain from 2017 to 2018. From a continental perspective, 45.1% of South Africa's total imports by value in 2018 were purchased from Asian countries. European trade partners … [Read more...] about South Africa’s Top 10 Imports
Australia’s Top 10 Imports
Australia imported US$227.3 billion worth of goods from around the globe in 2018, down by -0.6% since 2014 but up by 2.7% from 2017 to 2018. Australian imports represent 1.3% of overall global imports which totaled an estimated $17.788 trillion one year earlier during 2017 (calculated as of January 21, 2019). From a continental perspective, 59% of Australia's total imports by … [Read more...] about Australia’s Top 10 Imports
France’s Top Trading Partners
Nicknamed “The Hexagon” (l’Hexagone en français) because of the country’s roughly six-sided shape, France is strategically located on the European continent. It borders Belgium, Luxembourg, Germany, Switzerland and Italy to the east, Andorra to the South and Spain to the west. England is almost due north across the English Channel from France. France shipped US$568.4 billion … [Read more...] about France’s Top Trading Partners
America’s Top Trading Partners
In 2018, roughly a third of American exported goods (33.9%) were delivered to Canada and Mexico. The world’s second-largest exporter, the United States shipped US$1.666 trillion worth of products around the globe in 2018. That dollar figure represents an estimated 8.6% of overall global exports calculated to be $19.347 trillion based on 2018 for all countries. In addition to … [Read more...] about America’s Top Trading Partners