Top Mexican Trade Balances

Overall, Mexico posted a -$13.7 billion trade deficit in 2018 when all exported and imported products are included in the calculation. That dollar amount in red ink is roughly 8 times higher than the -$1.5 billion in Mexico’s red ink from international trade 7 years earlier in 2011. Year over year, Mexico’s -$13.7 billion trade […]

Top Chinese Trade Balances

Mobile phones and computers represent major factors behind China’s highest trade surpluses by product, while the United States and Hong Kong 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$359.2 billion in 2018, more than […]

Top United States Trade Balances

Refined petroleum oils, petroleum gases, soya beans, corn and coal are major drivers for the highest positive trade balances for the United States during 2018. Cars, crude oil, smartphones, computers and medication mixes in dosage represent major factors causing the US to experience the greatest trade deficits by product. America’s trade balance for all products […]

Top Canadian Trade Balances

Trucks, auto parts or accessories, smartphones and other technology-related goods were major factors behind Canada’s highest product trade deficits during 2018. China and Mexico placed first and second respectively among trade partners with which Canada experienced the highest negative trade balances. Canada’s total trade deficit for all products equaled -US$9.1 billion in 2018, up 5,998% […]

Top UK Trade Balances

Mobile phones and computers were major factors behind the United Kingdom’s highest trade deficits by product. Germany and China placed first and second respectively among trade partners with which United Kingdom experienced the highest negative trade balances. The United Kingdom’s overall trade deficit incorporating all products and countries equaled -US$182.6 billion in 2018, down by […]

Crude Oil Imports by Country

Global purchases of imported crude oil totaled US$1.182 trillion in 2018 reflecting robust demand from 129 countries. Overall, the dollar value of crude oil imports for all importing countries fell by -22.9% since 2014 when crude oil purchases were valued at $1.532 trillion. Year over year, imported crude oil expanded in value by 31.7% from […]

Top Indian Trade Balances

Crude oil, gold, coal and smartphones were major factors behind India’s highest trade deficits by product in 2017. China, Switzerland and Saudi Arabia took the top three spots for trade partners giving India the highest negative balances exchanging exports and imports. India’s overall trade deficit for all products equaled -US$184.5 billion in 2018, up by […]

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 […]