Eleven months into 2022, Canada sold US$550.1 billion in products via international markets from January to November. That dollar metric suggests that the annualized export sales for Canada will be an estimated $600.1 billion for 2022, up by 19.1% year over year. Nicknamed the Great White North, Canada exported a total $503.7 billion worth of products around the globe one … [Read more...] about Canada’s Top 10 Exports
North America
United States Top 10 Exports
Eleven months into 2022, the United States of America sold US$1.894 trillion in products via international markets from January to November. That dollar metric suggests that the annualized export sales for America will be an estimated $2.066 trillion for 2022, up by 17.8% year over year. In 2021, the United States shipped $1.754 trillion worth of goods around the globe. That … [Read more...] about United States Top 10 Exports
Mexico’s Top Trade Balances by Products & Countries
Overall, Mexico posted a -US$12 billion trade deficit in 2021 when all exported and imported products are included in the calculation. That amount of red ink reflects a -286.9% increase compared to a -$3.1 billion deficit 7 years earlier in 2014. Year over year, Mexico's recent -$12 billion trade deficit for 2021 reverses the $34 billion trade surplus for 2020. Cars, trucks, … [Read more...] about Mexico’s Top Trade Balances by Products & Countries
Mexico’s Top 10 Exports
Formally the United Mexican States, Mexico shipped US$494.6 billion worth of goods around the globe in 2021. That dollar amount reflects a 20.8% increase since 2017 and an 18.6% upturn from 2020 to 2021. Based on the average exchange rate for 2021, the Mexican peso depreciated by -7.1% against the US dollar since 2017 but gained 5.6% from 2020 to 2021. Mexico's stronger local … [Read more...] about Mexico’s Top 10 Exports
US Crude Oil Imports by Supplier Countries
During 2021, the United States of America imported US$138.4 billion worth of crude petroleum oil supplied by 29 oil supplier countries. America’s total bill for its imported crude oil purchases flatlined via an average -0.7% decline since 2017 but accelerated by 69.1% from 2020 to 2021. On the exports side, the US shipped $69.4 billion worth of crude petroleum oil in 2021. … [Read more...] about US Crude Oil Imports by Supplier Countries