UK Major Trade Balances with America

United States of America is the United Kingdom’s second-biggest trade partner after the European Union. UK’s exports to the US totaled US$69.3 billion in 2015, up by 10.2% over the five-year period starting in 2011. Great Britain’s imports from America amounted to $58.1 billion, down by -6.3% since 2011. Overall, the UK generated a $11.3 […]

Top Canadian Trade Balances

Trucks, auto parts, smartphones and other technology commodities were major factors behind Canada’s highest product trade deficits during 2015. China and Mexico placed first and second respectively among trade partners with which Canada experienced the highest negative trade balances. Canada’s overall trade deficit for all products equaled -US$10.3 billion in 2015, up sharply from -$149.5 […]

Top Mexican Trade Balances

Refined petroleum, integrated circuits and microassemblies were major factors behind Mexico’s highest trade deficits by product. China and Japan placed first and second respectively among trade partners with which Mexico experienced the highest negative trade balances. Mexico’s overall trade deficit for all products equaled -US$14.5 billion in 2015, up by 855.2% from -$1.4 billion for […]

Top Indian Trade Balances

Crude oil, gold and smartphones were major factors behind India’s highest trade deficits by product. China and Switzerland placed first and second respectively among trade partners with which India experienced the highest negative trade balances. India’s overall trade deficit for all products equaled -US$126.4 billion in 2015, down by -21.5% from -$160.9 billion for 2011. […]

Top Brazilian Trade Balances

Food products including soya beans, corn, chicken and frozen beef were major factors behind Brazil’s highest trade surpluses by product. Netherlands and China placed first and second respectively among trade partners with which Brazil experienced the highest positive trade balances. Brazil’s overall trade surplus for all products equaled US$19.7 billion in 2015, down by -33.9% […]

Top Japanese Trade Balances

Cars, trucks and automobile parts are major drivers for the highest positive trade balances for Japan. Yet a myriad of other commodities including petroleum gases, crude oil, smartphones and coal generate negative balances pushing Japan into an overall trade deficit. Japan’s total trade balance for all products equaled a -US$694.9 million deficit in 2015, down […]

Top Chinese Trade Balances

Technology exports were major factors behind China’s highest trade balances 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 trade balances. China’s total trade balance for all products equaled a positive US$600.2 billion in 2015, almost tripling (up […]

Top United States Trade Balances

Refined petroleum, soya beans and gold are major drivers for the highest positive trade balances for the United States. Crude oil, automobiles and smartphones represent diametrically opposing influences from an economic perspective, causing the US to endure the greatest trade deficits by product. America’s total trade balance for all products equaled a -US$803 billion deficit […]