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 Online Singalong Songs
People’s love of music is a shared passion that also impacts international trade. In terms of products, worldwide exports of musical instruments were worth US$7 billion in 2019. String instruments--mostly guitars and violins--accounted for $993.2 million of that total. And as the world morphs into a predominantly digital economy, exported services have attracted an astounding … [Read more...] about Top Online Singalong Songs
Australia’s Top 10 Major Export Companies
Three of Australia’s biggest firms are banks that support financing for international trade transactions. In addition, two of Australia’s 10 largest exports-related companies operate in the oil and gas industry. To give some global trade perspective on recent company performance, the overall value of Australian exported goods rose by 42.5% from US$191.3 billion in 2015 to … [Read more...] about Australia’s Top 10 Major Export Companies
Italy’s Top 10 Major Export Companies
Four of Italy’s 10 largest companies are financial institutions that support international trade transactions. Two other mammoth Italian firms in the energy sector are oil and gas competitor Eni and electricity and natural gas supplier Enel. To give some contextual perspective on recent company performance, the overall value of Italian exports rose by 16.6% from US$457 … [Read more...] about Italy’s Top 10 Major Export Companies
Taiwan’s Top 10 Major Export Companies
Three of Taiwan’s 10 largest companies that export products operate in the chemical industry. Another two of Taiwanese electronics industry players also rank among the East Asian state’s largest exports-related companies. Other top global competitors headquartered in Taiwan involve the food, steel, semiconductors, computer hardware and telecommunications industries. From a … [Read more...] about Taiwan’s Top 10 Major Export Companies