The overall US trade balance for all products totaled -US1.153 trillion in red ink for 2023. That trade deficit results from a -12.2% reduction compared to the -$1.313 trillion deficit for 2022 and a 44.6% expansion from -$797.7 billion of red ink 8 years earlier in 2016. Petroleum gases, refined petroleum oils, soya beans, coal including solid fuels made from coal and corn … [Read more...] about Top United States Trade Balances
Countries
Japan’s Top 10 Exports
Japan shipped US$717.6 billion worth of exported products around the globe in 2023. That dollar amount reflects a -4.6% year-over-year reduction compared to $752.1 billion in 2022. From 2019 to 2023, the overall value of Japanese exported goods rose by 1.7% from $705.8 billion. Based on the average exchange rate for 2023, the Japanese yen fell by -28.9% against the US … [Read more...] about Japan’s Top 10 Exports
Russia’s Top 10 Exports
Occupying Northern Asia and a large part of Eastern Europe thus making Russia the world’s biggest area by geographic area, Russia shipped US$491.9 billion worth of exported products around the globe in 2023. That estimated dollar metric results from a -5.6% decrease compared to $422.8 billion five years earlier in 2019. Year over year, the total value of Russian exports … [Read more...] about Russia’s Top 10 Exports
Top North American Export Countries
Exports shipped from North America totaled US$3.181 trillion for 2023. That dollar amount reflects a 24.7% increase from 5 years earlier in 2019 when North American shipments were worth $2.55 trillion. Year over year, the value of North America’s exported products slipped by -1.8% compared to $3.239 trillion for 2022. Exports from North America represent about 13.4% of all … [Read more...] about Top North American Export Countries
Lithuania’s Top 10 Imports
A Baltic nation in northeastern Europe bordering Belarus and Poland, the Republic of Lithuania bought imported products worth a total US$48.4 billion in 2023. That dollar metric results from a 35.4% expansion in Lithuanian spending versus $35.8 billion 5 years earlier during 2019. From 2022 to 2023, the overall cost of Lithuania’s imports diminished by -12.1% from $55.1 … [Read more...] about Lithuania’s Top 10 Imports