Top Canadian Trade Balances

Trucks, auto parts, smartphones and other technology commodities were major factors behind Canada’s highest product trade deficits during 2016. 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$13 billion in 2016, up by 115% from […]

Top Mexican Trade Balances

Overall, Mexico posted a -$13.2 billion trade deficit in 2016 when all products are considered, almost double the -$4.7 billion Mexican shortfall for 2009. Refined petroleum, integrated circuits and microassemblies were major factors behind Mexico’s highest trade deficits by product. China and Japan placed first and second respectively among trade partners with which Mexico experienced […]

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% […]

UK Major Trade Balances with America

United States of America is the United Kingdom’s second-biggest trade partner after the European Union. UK’s exports to the US totaled US$69.3 billion in 2015, up by 10.2% over the five-year period starting in 2011. Great Britain’s imports from America amounted to $58.1 billion, down by -6.3% since 2011. Overall, the UK generated a $11.3 […]