Top South Korean Trade Balances

Exported cars, automotive parts or accessories and electronics components were major factors behind South Korea’s highest trade surpluses by product. China and Hong Kong placed first and second respectively among trade partners with which South Korea experienced the highest positive trade balances. South Korea’s overall trade surplus for all products equaled US$95.3 billion in 2017, […]

USA-China Key Product Trade Stats 2017

The United States of America incurred a total -US$395.8 billion deficit exchanging exported and imported goods with the People’s Republic of China during 2017. That dollar amount reflects a 17.3% expansion from America’s -$337.4 billion negative trade balance with China five years earlier in 2013. To give some context to the magnitude of China’s product […]

Top United States Trade Balances

Refined petroleum, soya beans, corn and semi-conductor making machinery are major drivers for the highest positive trade balances for the United States. Cars, crude oil and smartphones represent major factors causing the US to endure the greatest trade deficits by product. America’s trade balance for all products totaled a -US$862.7 billion deficit for 2017, up […]

Top Russian Trade Balances

Crude or refined petroleum oils and coal were major factors behind Russia’s highest trade surpluses by product. Netherlands and Turkey placed first and second respectively among trade partners with which Russia won the highest positive trade balances. Russia’s overall trade surplus incorporating all products and countries equaled US$130.1 billion in 2017, down -22.6% from the […]

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 overall trade deficit for all products equaled -US$11.8 billion in 2017, up by […]

Top Japanese Trade Balances

Cars, automobile parts and accessories are major drivers for the highest positive trade balances for Japan in 2017. Japan’s total trade balance for all products equaled a US$26.9 billion surplus for 2017, down -64.4% from a $75.7 billion surplus in 2010. Year over year, Japan’s $26.9 billion trade surplus also represents a major setback from […]

Top Turkish Trade Balances

Gold, refined petroleum oils and mobile phones were major factors behind Turkey’s highest trade deficits by product, while China and Russia placed first and second respectively among trade partners with which the People’s Republic posted the highest negative trade balances. Turkey’s total trade balance for all products equaled -US$76.7 billion in 2017, up 7.1% from […]

Top Mexican Trade Balances

Overall, Mexico posted a -$10.9 billion trade deficit in 2017 when all products are considered. That dollar amount in red ink is almost 2.5 times higher than the -$3.2 billion Mexican shortfall 7 years earlier in 2010. Year over year, Mexico’s -$10.9 billion trade shortfall represents a -17.3% reduction from the -$13.2 billion deficit that […]