Top Turkish Trade Balances

Gold, refined petroleum oils and mobile phones were major factors behind Turkey’s highest trade deficits by product, while China and Russia placed first and second respectively among trade partners with which the People’s Republic posted the highest negative trade balances. Turkey’s total trade balance for all products equaled -US$76.7 billion in 2017, up 7.1% from […]

Top Mexican Trade Balances

Overall, Mexico posted a -$10.9 billion trade deficit in 2017 when all products are considered. That dollar amount in red ink is almost 2.5 times higher than the -$3.2 billion Mexican shortfall 7 years earlier in 2010. Year over year, Mexico’s -$10.9 billion trade shortfall represents a -17.3% reduction from the -$13.2 billion deficit that […]

Top Brazilian Trade Balances

Brazil’s overall trade surplus for all products equaled US$67 billion in 2017, up by 232.5% from a $20.1 billion surplus in 2010. Year over year, the $67 billion in black ink in 2017 represents a robust 40.5% improvement from the $47.7 billion surplus that Brazil generated for 2016. As of June 2018, Brazil’s trade surplus […]

Top Filipino Trade Balances

The Philippines’ overall trade balance encompassing all products totaled -US$33.2 billion in red ink for 2017, more than tripling (up 376%) from its -$7 billion deficit during 2010. Year over year, the Philippines’ -$33.2 billion trade deficit for 2017 represents a 12.1% uptick from -$29.6 billion one year earlier in 2016. Petroleum oils and automobiles […]

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$430.8 billion in 2017, more than […]

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$276.6 billion in 2017, up by […]

UK Major Trade Balances with America

The United States of America is the United Kingdom’s second-biggest trade partner trailing only the European Union. UK’s exports to the US totaled US$58.4 billion in 2017, down by -7% over the five-year period starting in 2013. The UK’s imports from America amounted to $60.8 billion, up by 11.6% over the same duration. More concerning […]

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% […]