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 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 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% […]

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 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 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% […]

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 […]