According to latest International Trade Centre statistics, 162 among the world’s nearly 230 countries, islands, territories or other geographic entities recorded an overall trade deficit for 2024. Those 162 countries showcased in this article incurred international deficits due to their export sales revenues coming in below outflowing payments for imported products. On a more … [Read more...] about Report Card for Trade Surpluses and Deficits by Country
Trade partners
Mexico’s Top Trading Partners
Officially named the United Mexican States, Mexico shares its northern border with the United States and parts of its south-eastern perimeter with Guatemala and Belize. Mexico exported US$619 billion worth of products around the globe in 2024, increasing by 48.4% since five years earlier in 2020 when Mexican exports totaled $417 billion. From 2023 to 2024, the total value of … [Read more...] about Mexico’s Top Trading Partners
Arizona’s Top 10 Exports
Nicknamed “The Copper State” and “The Grand Canyon State” located in America’s southwestern region, Arizona shipped US$32.4 billion worth of exported products around the globe in 2024. That dollar amount reflects a 34.5% gain from $24.1 billion four years earlier in 2021. Year over year, the overall value of goods exported from Arizona accelerated by 12.3% compared to $28.8 … [Read more...] about Arizona’s Top 10 Exports
US Most Valuable Imports & Exports with Japan
The United States of America imported US$151.6 billion worth of products from suppliers located in Japan during 2023. The overall value of imports into the United States sold by Japan flatlined by an average -1.9% since 2022 when America’s purchases from were valued at $154.4 billion. In comparison, the US exported $76.2 billion worth of products to Japan in 2023. That dollar … [Read more...] about US Most Valuable Imports & Exports with Japan
US Most Valuable Imports & Exports with Russia
Importers located in the United States of America bought US$3.3 billion worth of products from Russia in 2024. The overall value of imports into the United States sold by the Russian Federation dropped by an average -33.3% since 2023 when America’s purchases from suppliers in Russia were valued at $4.9 billion. Compared to 2022, America’s imports from Russia plunged by -78.3% … [Read more...] about US Most Valuable Imports & Exports with Russia