The fact that Japan imported US$138.4 billion more worth of products than it exported during 2014 is good news for suppliers around the globe. That’s because the multi-billion dollar trade deficit represents product demand opportunities for exports to Japan since the country is a net spender on a specific set of goods highlighted below. Drilling down from its overall negative … [Read more...] about Product Demand Opportunities for Exports to Japan
Import News
Product Demand Opportunities for Exports to UK
The fact that the United Kingdom imported US$183.2 billion more worth of products than it exported during 2014 is good news for suppliers around the globe. That’s because the multi-billion dollar trade deficit represents product demand opportunities for exports to the United Kingdom since the UK is a net spender on a specific set of goods highlighted below. Drilling down from … [Read more...] about Product Demand Opportunities for Exports to UK
World’s Top Import Partners
Export sales depend on sustained demand from importing nations. Therefore, it is important to know which trade partners represent the largest share of dollar shipments from around the globe. Exporters that overly depend on demand from a few trade partners are vulnerable if the importing countries suffer an economic slowdown. This is why governments try to encourage their … [Read more...] about World’s Top Import Partners
Greece’s Trade Deficit is Sobering
During 2014, the amount of money flowing out of Greece to pay for imported products amounted to US$62.2 billion. That total is far greater than the $35.8 billion Greeks earned from sales of its exports. Officially called the Hellenic Republic, Greece’s trade deficit for 2014 is $26.4 billion. Given a population of 10.7 million increasingly stressed people, that metric has a … [Read more...] about Greece’s Trade Deficit is Sobering