The People’s Republic of China earned a total US$295.3 billion trade surplus at the expense of the United States of America in 2019. China’s latest yearly positive trade balance with America reflects a 13% increase since 2015 but a -8.8% decline from its $323.7 billion in black ink during 2018. To give some context to the magnitude of China’s product surplus from exchanging … [Read more...] about China Versus US Key Product Trade Balances
Asia
Japan’s Top 10 Major Export Companies
Japan’s three biggest exports-oriented companies are automobile manufacturers. Four mammoth Japanese electronics conglomerates also rank among the Asian island’s top exports-related businesses. The following metrics give some perspective on recent company performance. The overall value of Japanese exports increased by 12.9% from US$625 billion in 2015 to $705.8 billion during … [Read more...] about Japan’s Top 10 Major Export Companies
China’s Exported Services
The People’s Republic of China provided US$266.8 billion worth of exported services to clients around the globe during 2018. That dollar amount represents 4.6% of the overall total for services from all countries, up from 4.3% one year earlier. Exported services sourced from China equal over one-tenth (10.7%) of the $2.494 trillion products China exported in 2018. In 2017, … [Read more...] about China’s Exported Services
Trade Wars: China Versus USA
Chinese and American exporters and importers exchanged a total US$635.7 billion worth of products in 2018. That total for international sales to customers in both superpower nations reflects a 14.1% increase from the $557.2 billion in intercountry trade during 2014. Although China is the world’s number one exporter with global shipments worth almost 1.5 times higher than those … [Read more...] about Trade Wars: China Versus USA
Singapore’s Top 10 Major Export Companies
Two of Singapore’s largest companies are major banks while another two operate in the food processing industry. Other major export-oriented companies based in Singapore spam a diverse range of businesses from investments to telecommunications. To shed global trade perspective on recent company performance, the overall value of Singapore’s exported goods increased by 0.5% from … [Read more...] about Singapore’s Top 10 Major Export Companies