China Versus US Key Product Trade Balances

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 […]

Top Turkish Trade Balances

Refined petroleum oils, gold and iron or steel scrap were major factors behind Turkey’s highest trade deficits by product, while Russia and China placed first and second respectively among trade partners with which Turkey incurred the highest negative trade balances. Turkey’s total trade balance for all products equaled -US$55.1 billion in 2018, down -48% from […]

Top German Trade Balances

Exported cars and medication mixes in dosage were major factors behind Germany’s highest trade surpluses by product. United States and United Kingdom continued to place first and second respectively among trade partners with which Germany gleaned the highest positive trade balances. Germany’s overall trade surplus for all products equaled US$270 billion in 2018, up by […]

Top Russian Trade Balances

Crude and refined petroleum oils as well as coal are major factors behind Russia’s highest trade surpluses by product. Netherlands and Turkey placed first and second respectively among trade partners with which Russia earned the highest positive trade balances. Russia’s overall trade surplus incorporating all products and countries equaled US$211.2 billion in 2018, up 0.1% […]

Report Card for Trade Surpluses and Deficits by Country

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 […]

Top Brazilian Trade Balances

Brazil’s overall trade surplus for all products equaled US$58.7 billion in 2018, up by 96.9% from its $29.8 billion surplus in 2011. Year over year, the $58.7 billion in black ink in 2018 reflects a -12.4% setback from its $67 billion surplus that Brazil generated for 2017. Food products including soya beans, sugar, chicken, corn […]

Top Japanese Trade Balances

In 2018 cars, automobile parts or accessories and machinery for making semi-conductors are major drivers for the highest positive trade balances for Japan. Japan’s total trade balance for all products equaled a -US$10.2 billion deficit for 2018, down -68.4% from the -$32.2 billion in red ink for 2011. Year over year, Japan’s -$10.2 billion trade […]

Top Filipino Trade Balances

The Philippines’ overall trade balance encompassing all products totaled -US$47.6 billion in red ink for 2018, up 204.3% from its -$15.7 billion deficit in 2011. Year over year, the Philippines’ -$47.6 billion trade deficit for 2018 represents a 43.6% uptick from -$33.2 billion one year earlier in 2017. Petroleum oils and automobiles were major factors […]