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
Trade balances
Top Russian Trade Balances
Russia’s overall trade surplus incorporating all products and countries equaled US$198.2 billion in 2021, down -6.2% from the $105.4-billion surplus for 2014. Year over year, the most recent $198.2 billion in black ink represents an 87.9% increase compared to the $105.5-billion surplus that the Russian Federation earned during 2020. Mobile phones, automobile parts or … [Read more...] about Top Russian Trade Balances
Top United States Trade Balances
The overall US trade balance for all products totaled -US$1.183 trillion in red ink for 2021. That trade deficit reflects a 5.7% increase from the -$982 billion negative score for 2020 and a 49.6% expansion from -$791.1 billion of red ink in 2014. Petroleum gases, soya beans, refined petroleum oils, corn, machinery for making semi-conductors, and gold are potential … [Read more...] about Top United States Trade Balances
Top Nickel Importers by Country Plus Average Prices
International purchases of imported nickel totaled US$5.76 billion in 2021. The overall value of nickel imports for all importing countries expanded by an average 93.4% since 2017 when nickel purchases were valued at $2.98 billion. The value of globally imported nickel accelerated by 45.8% from $3.94 billion for 2020. Shiny and silvery-white in color with a slight golden … [Read more...] about Top Nickel Importers by Country Plus Average Prices
Report Card for Trade Surpluses and Deficits by Country
According to latest International Trade Centre statistics, 161 among the world’s roughly 220 countries, islands, territories or other geographic entities posted an overall trade deficit for 2021. Those 161 trade partners listed in this article incurred international deficits due to their export sales revenues coming in below from outflowing payments for imported products. On … [Read more...] about Report Card for Trade Surpluses and Deficits by Country
