UK’s Major EU Exports

The United Kingdom exported US$225.8 billion worth of goods to European Union members during 2018, tallying 46.6% of UK’s global exports total. That dollar amount reflects an 7.7% increase in UK-to-EU international sales from 2017 to 2018 but a -6.5% reduction from $241.6 billion in 2014. In comparison, total UK exports to all trade partners […]

Top Filipino Trade Balances

The Philippines is a densely populated island home to 105.9 million residents located in Southeast Asia. The country’s official name is the Republic of the Philippines. The Philippines shipped US$67.5 billion worth of products around the globe in 2018. That dollar figure represents roughly 0.4% of overall global exports estimated at $17.546 trillion for 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 […]

Top Turkish Trade Balances

Refined petroleum oils, gold and iron or steel scrap were major factors behind Turkey’s highest trade deficits by product, while Russia and China placed first and second respectively among trade partners with which Turkey incurred the highest negative trade balances. Turkey’s total trade balance for all products equaled -US$55 billion in 2018, down -48.1% from […]

Top Japanese Trade Balances

In 2018 cars, automobile parts or accessories and machinery for making semi-conductors are major drivers for the highest positive trade balances for Japan. Japan’s total trade balance for all products equaled a -US$10.2 billion deficit for 2018, down -68.4% from the -$32.2 billion in red ink for 2011. Year over year, Japan’s -$10.2 billion trade […]

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$70 billion in 2018, […]

Report Card for Trade Surpluses and Deficits by Country

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 […]