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2 days ago1 min read
China's Trade Dependence on the U.S. Declines Sharply, Outpacing the U.S. Shift Away from China
The U.S. share of China’s trade (exports + imports) increased from 11% in 1985 to a peak of 26% in 1998 and 1999. Since 2000, this share...
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Admin
3 days ago1 min read
U.S. Trade Balance November 2024 (TTM): $879B Total Deficit, with $292B Services Surplus and $1,171B Goods Deficit
The U.S. recorded a total trade deficit of $879 billion in the 12 months ending November 2024 (TTM). This figure comprises a $292 billion...
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Admin
4 days ago1 min read
U.S. Trade Deficit Shifts: 28% Decline with China but 96% Surge with Rest of World
The U.S.-China trade war significantly reshaped the U.S. trade deficit, shifting much of it from China to other countries. From the first...
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Admin
5 days ago1 min read
China Leads Global Goods Exports: $3.4 Trillion in 2023 vs. EU's $2.8 Trillion and U.S.'s $2.0 Trillion
From 2000 to 2023, China's goods exports soared from $0.25 trillion to $3.38 trillion, marking an exceptional compound annual growth rate...
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Admin
Jan 41 min read
U.S. State Trade Dependency
Goods Trade (Exports + Imports) as a Percentage of State GDP in 2023
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Admin
Jan 41 min read
U.S. Tops Global Goods Imports: $3.2 Trillion in 2023 vs. EU's $2.7 Trillion and China's $2.6 Trillion
From 2000 to 2023, U.S. goods imports increased from $1.26 trillion to $3.17 trillion, achieving a compound annual growth rate (CAGR) of...
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Admin
Jan 41 min read
U.S.-Canada Trade Fuels U.S. Manufacturing and Jobs Despite Overall Deficit
Manufactured Goods Trade Surplus with Canada vs. Deficits in Fuels and Crude Materials  In the trailing twelve months (TTM) ending Q3...
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Admin
Jan 41 min read
U.S. State Exports Dependency
Exports as a Percentage of State GDP in 2023
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Admin
Jan 41 min read
Mexico’s Growing Trade Dependence on the U.S. vs. Minimal U.S. Reliance on Mexico
Mexico's trade with the U.S. as a share of its GDP grew significantly, from 15.4% in 1993 to 28.5% in 1995, following the establishment...
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Admin
Jan 41 min read
U.S. State Import Dependency
Imports as a Percentage of State GDP in 2023
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Admin
Jan 41 min read
U.S.-Mexico Goods Trade in Sept. 2024 (TTM): $333B Exports, $498B Imports, $165B Deficit
In the 12 months ending September 2024 (TTM), U.S. goods exports to Mexico totaled $333 billion, while imports from Mexico reached $498...
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Admin
Jan 41 min read
📈 U.S. $1.22 Trillion Manufactured Goods Trade Deficit in 2023 vs. EU $0.44 Trillion Surplus and China’s $1.81 Trillion Surplus
In 2023, the U.S. recorded a $1.22 trillion manufactured goods trade deficit, underscoring a persistent and worsening trend since the...
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Admin
Jan 41 min read
Global Trade Balance Dynamics: Diverging Trends between the U.S. and EU
U.S. Trade Balance: 
The U.S. has experienced a persistent and widening trade deficit throughout the period. Key milestones include the...
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Admin
Jan 41 min read
U.S. $57 Billion Fuels Trade Surplus in 2023 vs. EU $455 Billion Deficit and China's $435 Deficit
The following key trends are highlighted: United States: Historically had a fuels trade deficit, which began improving significantly...
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Admin
Jan 42 min read
U.S. $1.15 Trillion Trade Deficit vs. EU $40 Billion Trade Surplus and China $823 Billion Trade Surplus in 2023
·     U.S. Trade Deficit: The U.S. trade deficit reached a historic $1.15 trillion in 2023, reflecting a long-standing trend of...
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Admin
Jan 41 min read
Crude Oil Imports Propel U.S. Trade Deficit with Canada
The U.S. goods trade deficit with Canada reached $75 billion in the 12 months ending September 2024, while the combined goods and...
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Admin
Jan 41 min read
The Rise and Fall of U.S. Trade Liberalism with China
The U.S. trade deficit with China as a percentage of GDP Rise from 1980s, matured in the mid-2010s to 2018, and declined since 2018. Key...
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Admin
Jan 41 min read
Fuels and Crude Materials Account for Nearly Half of U.S. Imports from Canada
In the 12 months ending September 2024, U.S. imports from Canada reached $425 billion. Fuels and related materials led the imports at...
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Admin
Jan 41 min read
Machinery, Transport Equipment, and Manufactured Goods Make Up 75% of U.S. Exports to Canada
In the 12 months ending September 2024, U.S. exports to Canada totaled $350 billion. Machinery and transport equipment dominated at $149...
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Admin
Jan 41 min read
European Union Exports to the U.S.: Key Product Categories
Pharmaceuticals, Machinery, and Automotive Comprise Half of EU Exports to the U.S. In the 12 months ending September 2024, European Union...
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