France ran an overall trade deficit of -US$93.2 billion for 2014. However, France did earn positive trade balances with 130 of the 223 foreign geographic entities with which it exchanges exports and imports. French exports to exceeded France’s imports from Latin America (excluding Mexico) and Caribbean Islands by $3.4 billion in 2014. Similarly, France achieved a $2.7 billion … [Read more...] about France Major Product Supply Advantages
Europe
Italy Major Product Supply Advantages
Italy ran an overall trade surplus of US$56.7 billion for 2014. Italy generated positive trade balances with 155 of the 219 foreign geographic entities with which it exchanges exports and imports. Italian exports to exceeded Italy’s imports from other European nations by $22.7 billion in 2014. Similarly, Italy achieved a $26.3 billion trading surplus with North America and a … [Read more...] about Italy Major Product Supply Advantages
Russia Major Product Supply Advantages
Russia ran an overall trade surplus of US$211.2 billion for 2014. Russia earned positive trade balances with 99 of the 219 foreign geographic entities with which it exchanges exports and imports. Russian exports to exceeded Russia’s imports from European trade partners by $109.5 billion in 2014. Similarly, Russia achieved a $28.4 billion trading surplus with Asia and was plus … [Read more...] about Russia Major Product Supply Advantages
Germany Major Product Supply Advantages
Germany ran an overall trade surplus of US$287.3 billion for 2014. Drilling down from that total, Germany demonstrated positive trade balances with 163 of the 225 geographic entities with which it exchanges exports and imports for a subtotal surplus of $386.8 billion. German exports to exceeded Germany’s imports from other European countries by $153.1 billion in 2014. … [Read more...] about Germany Major Product Supply Advantages
Greece’s Trade Deficit is Sobering
During 2014, the amount of money flowing out of Greece to pay for imported products amounted to US$62.2 billion. That total is far greater than the $35.8 billion Greeks earned from sales of its exports. Officially called the Hellenic Republic, Greece’s trade deficit for 2014 is $26.4 billion. Given a population of 10.7 million increasingly stressed people, that metric has a … [Read more...] about Greece’s Trade Deficit is Sobering