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 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 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
Top German Trade Balances
Cars, medications and automotive parts or accessories were major factors behind Germany’s highest international trade surpluses by product. The United States, France and the United Kingdom placed as the top 3 trade partners from which Germany earned the highest positive trade balances. Germany’s overall trade surplus for all products equaled US$205.9 billion in 2020, down by … [Read more...] about Top German Trade Balances
Top Filipino Trade Balances
The Philippines’ overall trade balance encompassing all products totaled -US$28.9 billion in red ink for 2020, a deficit that has swelled by 198.4% from a -$9 billion deficit in 2013. Year over year, the Philippines’ -$26.9 billion trade deficit for 2020 reflects a -36.9% reduction from the -$42.6 billion negative trade balance one year earlier in 2019. Petroleum oils, mobile … [Read more...] about Top Filipino Trade Balances
