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% […]