The overall US trade balance for all products totaled -US1.313 trillion in red ink for 2022. That trade deficit results from an 11.2% increase compared to the -$1.181 trillion deficit for 2021 and a 61.6% expansion from -$812.6 billion of red ink in 2015. Petroleum gases, refined petroleum oils, soya beans, gold, corn and coal drive the highest positive trade balances for the … [Read more...] about Top United States Trade Balances
North America
Mexico’s Top Trade Balances by Products & Countries
After all exported and imported products are included in the calculation, Mexico incurred an overall -US$26.3 billion trade deficit in 2022. That dollar amount in red ink represents a 97.2% expansion compared to the -$13.4 billion deficit five years earlier in 2018. Year over year, Mexico's recent -$26.3 billion trade deficit for 2022 represents a 120% increase from -$12 … [Read more...] about Mexico’s Top Trade Balances by Products & Countries
Bermuda’s Top 10 Exports
A British Overseas Territory and island in the North Atlantic Ocean, Bermuda shipped US$33.5 million worth of exported products around the globe in 2022. That dollar amount reflects a 46.3% increase from $22.9 million five years earlier during 2018. Year over year, the value of all goods exported from Bermuda accelerated by 17.1% compared to $28.6 million for 2021. The top … [Read more...] about Bermuda’s Top 10 Exports
Top Continents for Exported Products
Asian exporters accounted for 42.6% of the overall US$24.487 trillion worth of exported products shipped during 2022. In second place were European countries trailed by suppliers in North America, Latin America excluding Mexico but including the Caribbean, Africa, then Oceania led by Australia and New Zealand. Below are key metric for exporting entities at the continent … [Read more...] about Top Continents for Exported Products
Top 10 Exports from Massachusetts
Nicknamed “The Bay State” and located in America’s northeastern region known as New England, the Commonwealth of Massachusetts shipped US$32.7 billion worth of exported products around the globe in 2022. That dollar amount represents a 25.1% increase from $26.1 billion four years earlier in 2018. Year over year, the overall value of goods exported from Massachusetts flatlined … [Read more...] about Top 10 Exports from Massachusetts