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 endure the greatest trade deficits by product. America’s trade balance for all products […]

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 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. To give some context to the […]

Top Indian Trade Balances

Crude oil, gold, coal, petroleum gases and smartphones were major factors behind India’s highest trade deficits for products in 2018. China, Saudi Arabia and Iraq 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, […]

Top Mexican Trade Balances

Overall, Mexico posted a -$13.4 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 -$13.4 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 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 […]

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 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$9.1 billion in 2018, up 5,983% […]