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 Indian Trade Balances
October 23, 2018 by
Crude oil, gold, coal and smartphones were major factors behind India’s highest trade deficits by product in 2017. China, Switzerland and Saudi Arabia 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$148.2 billion in 2017, up by […]
Top United States Trade Balances
October 13, 2018 by
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 […]
Report Card for Trade Surpluses and Deficits by Country
September 28, 2018 by
According to latest International Trade Centre reports, 71 among the world’s 230 countries, islands, territories or other geographic entities posted an overall trade surplus for 2017. Those 71 trade partners listed below generated more sales revenue from exports than payments due for import purchases. Thirty-five of the 71 trading entities generating a positive trade balance […]
Top Canadian Trade Balances
September 28, 2018 by
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 […]
USA-China Key Product Trade Stats 2017
September 26, 2018 by
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 South Korean Trade Balances
September 19, 2018 by
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, […]
Top Russian Trade Balances
September 4, 2018 by
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 […]
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