Canada’s total trade surplus for all products equaled US$14.5 billion in 2021, up 19.8% from the $12.1 billion surplus in 2014. Year over year, the most recent $14.5 billion in black ink represents a reversal from the -$14.4 billion deficit that Canada incurred one year earlier during 2020. To put that metric into perspective, the country's total external debt encompassing … [Read more...] about Top Canadian Trade Balances
Trade balances
Top UK Trade Balances
The United Kingdom’s overall trade deficit incorporating all products and with all countries equaled -US$231.2 billion in 2021. That dollar amount reflects a 26.2% expansion from the -$183.2 billion deficit in 2014 as the global recession accelerated. Year over year, the -$231.2 billion in red ink for 2021 represents a -3.1% reduction from the -$238.5 billion deficit that … [Read more...] about Top UK 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 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 Mexican Trade Balances
Overall, Mexico generated a $34.8 billion trade surplus in 2020 when all exported and imported products are included in the calculation. That dollar amount in black ink reverses a -$1.3 billion deficit 7 years earlier in 2013. Year over year, Mexico's recent $34.8 billion trade surplus for 2020 represents a 543.4% increase from $5.4 billion in black ink in 2019. Cars, trucks, … [Read more...] about Top Mexican Trade Balances
