The United States of America experienced a total -US$25.5 billion trade deficit at the hands of India in 2019. America’s latest yearly negative trade balance with India reflects a 1.1% increase since 2015 and an 11.2% expansion from its -$22.9 billion in red ink during 2018. To give some context to the magnitude of America’s product deficit from exchanging exported and … [Read more...] about US Versus India Key Product Trade Balances
Trade partners
UK’s EU Trade Scorecard Before Brexit
This ongoing analysis tracks key metrics focusing on the United Kingdom’s export sales and trade balances with the European Union by top trade products and also at the country level for each EU member. In 2017, the EU maintained its status as a global trade behemoth comprised of 28 members collectively generating US$5.719 trillion worth of export sales or almost a third … [Read more...] about UK’s EU Trade Scorecard Before Brexit
Macau’s Top Trading Partners
Officially named the Macao Special Administrative Region of the People's Republic of China, Macau exported an estimated US$1.3 billion worth of products around the globe in 2016. The bulk of Macau’s shipments were delivered to its East Asian neighbors, unsurprising given Macau’s strategic location on the west side of the Pearl River Delta and just over 60 kilometers from Hong … [Read more...] about Macau’s Top Trading Partners
Highest Value Thai Import Products
Fossil fuels including oil and petroleum gases were among the 20 highest value Thai import products in 2016. The most valuable Thai imports also include gold and refined copper. Aircraft and spacecraft is another area where Thailand's domestic supply lags demand, as is the case for smartphones and computers in general. Similar examples are electronic circuits and … [Read more...] about Highest Value Thai Import Products
Canada’s Trade Report Card: EU Countries
The European Union represents Canada’s second-biggest trade partner. Canada’s exports to the European Union totaled US$30 billion in 2016, down by -22.5% over the five-year period starting in 2012. Year over year, the value of Canada-EU exports reversed that trend via a 2% uptick from 2015 to 2016. Representing a 43% share, the United Kingdom is the EU member that purchases … [Read more...] about Canada’s Trade Report Card: EU Countries