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 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 Brazilian Trade Balances

Brazil’s overall trade surplus for all products equaled US$58.7 billion in 2018, up by 96.9% from its $29.8 billion surplus in 2011. Year over year, the $58.7 billion in black ink in 2018 reflects a -12.4% setback from its $67 billion surplus that Brazil generated for 2017. Food products including soya beans, sugar, chicken, corn […]

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 […]

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 […]

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 […]