Officially named the United Mexican States, Mexico shares its northern border with the United States and parts of its south-eastern perimeter with Guatemala and Belize. Mexico exported US$472.3 billion worth of goods around the globe in 2019. That dollar amount reflects a 24% increase since 2015 and a 4.7% uptick from 2018 to 2019. Exports from Mexico represent 2.5% of … [Read more...] about Mexico’s Top Trading Partners
Trade partners
US Versus India Key Product Trade Balances
The United States of America experienced a total -US$25.5 billion trade deficit at the hands of India in 2019. America’s latest yearly negative trade balance with India reflects a 1.1% increase since 2015 and an 11.2% expansion from its -$22.9 billion in red ink during 2018. To give some context to the magnitude of America’s product deficit from exchanging exported and … [Read more...] about US Versus India Key Product Trade Balances
Top 10 Exports from Texas
Nicknamed “The Lone Star State” and located in America’s South Central region, Texas shipped US$330.5 billion worth of goods around the globe in 2019. That dollar amount represents a 4.6% uptick from 2018 to 2019 and a 42.7% increase since 2016. Texas is America’s number one exporter by state ahead of California, New York and Washington. The value of Texas’ exports equals … [Read more...] about Top 10 Exports from Texas
Top 15 Crude Oil Suppliers to China
The cost of crude oil exported into the People’s Republic of China during 2019 totaled US$238.7 billion in 2019, expanding by 77.7% since 2015 but declining by -0.2% from 2018 to 2019. Forty-three countries supplied crude petroleum oil to China in 2019. Roughly half (44.8%) of Chinese imported crude oil originates from nine Middle Eastern nations ranging from $386 million from … [Read more...] about Top 15 Crude Oil Suppliers to China
US Aluminum Imports by Supplying Country
In 2019, the United States of America imported US$22.3 billion worth of aluminum (British spelling aluminium) from a total 140 countries, territories or islands. That dollar amount reflects a 24.8% increase since 2015 but a -8.1% downtick from 2018 to 2019. Aluminum is the world’s most used metal excluding iron. Typically blended into an alloy, aluminum is most commonly … [Read more...] about US Aluminum Imports by Supplying Country