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 placed 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$284.4 billion in 2016, up by 50.1% from […]

Top Russian Trade Balances

Crude or refined petroleum oils and, to a lesser extent, coal were major factors behind Russia’s highest trade surpluses by product. Netherlands and South Korea placed first and second respectively among trade partners with which Russia experienced the highest positive trade balances. Russia’s overall trade surplus for all products equaled US$103.2 billion in 2016, down […]

Top Mexican Trade Balances

Overall, Mexico posted a -$13.2 billion trade deficit in 2016 when all products are considered, almost double the -$4.7 billion Mexican shortfall for 2009. 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 […]

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$95.7 billion in 2016, up by 6.7% from -$89.6 billion for 2009. […]

US Product Surpluses and Deficits with Mexico

The United States incurred a -US$65.9 billion trade deficit exporting to and importing from Mexico during 2016. That statistic represents a 33.7% expansion from America’s -$49.3 billion deficit in 2009, the first year in which full effects from the Global Recession surfaced. Year over year, America’s trade deficit with Mexico in 2016 grew by 7.9% […]

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$797.9 billion deficit in 2016, up […]

Top Canadian Trade Balances

Trucks, auto parts, smartphones and other technology commodities were major factors behind Canada’s highest product trade deficits during 2016. 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$13 billion in 2016, up by 115% from […]

Top Japanese Trade Balances

Cars, automobile parts and accessories are major drivers for the highest positive trade balances for Japan in 2016. Japan’s total trade balance for all products equaled a US$38 billion surplus for 2016, up 32.4% from a $28.7 billion surplus in 2009. Year over year, Japan’s $38 billion trade surplus also represents a massive improvement from […]