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
United Kingdom’s Top Trading Partners
Comprised of England, Northern Ireland, Scotland and Wales, the United Kingdom is a sovereign state situated across from continental Europe’s north-western coast. The United Kingdom shipped US$487.1 billion worth of products around the globe in 2018 according to the latest statistics from the International Trade Centre. That dollar amount represents a -4.7% decline since 2014 … [Read more...] about United Kingdom’s Top Trading Partners
Gold Imports by Country
Worldwide purchases of imported gold totaled an estimated US$287.6 billion in 2018. The overall value of gold imports rose by 2.5% for all importing countries since 2014 when gold purchases were valued at $280.7 billion. Year over year, gold imports slipped by -18% from 2017 to 2018. From a continental perspective, Asian countries bought the highest dollar worth of imported … [Read more...] about Gold Imports by Country
India’s Top 10 Imports
India imported US$507.6 billion worth of goods from around the globe in 2018, up by 10.5% since 2014 and up by 14.3% from 2017 to 2018. From a continental perspective, 60.3% of India’s total imports by value in 2018 were purchased from fellow Asian countries. European trade partners supplied 15.8% of import purchased by India while 8.2% worth originated from Africa with … [Read more...] about India’s Top 10 Imports
China’s Top Trading Partners
The world’s largest exporter by value, China shipped US$2.294 trillion worth of products around the globe in 2018 according to the latest statistics reported by the International Trade Centre. That dollar amount results from a 6.5% gain since 2014 and a 10.2% increase from 2017 to 2018. Applying a continental lens, about half (47.8%) of Chinese exports by value were delivered … [Read more...] about China’s Top Trading Partners