According to latest International Trade Centre statistics, 63 among the world’s 230 countries, islands, territories or other geographic entities posted an overall trade surplus for 2018. Those 63 trade partners listed below generated international surpluses via their sales revenues coming in from exports exceeding payments made for import purchases. On a more upbeat note, 37 … [Read more...] about Report Card for Trade Surpluses and Deficits by Country
Import News
Pakistan’s Top Trading Partners
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$23.6 billion worth of products around the globe in 2018. That figure represents just 0.1% of overall global exports estimated at $17.546 trillion for … [Read more...] about Pakistan’s Top Trading Partners
China’s Rice Imports by Country
Considering the 1.4 billion mouths to feed in China, it should come as no surprise that the People’s Republic is the world’s number 1 importer of rice. Total rice imports by country cost China a total US$1.6 billion via purchases from 14 rice-supplying trade partners during 2018. That dollar amount reflects a 30.2% increase in cost since 2014 but a -12.5% decline from 2017 to … [Read more...] about China’s Rice Imports by Country
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 totaled a … [Read more...] about Top United States Trade Balances
India’s Top Trading Partners
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$323.1 billion worth of products around the globe in 2018. That dollar figure represents a 1.7% increase since 2014 and a 9.2% gain from 2017 to 2018. Applying … [Read more...] about India’s Top Trading Partners