Brazil ran an overall trade deficit of -US$4 billion for 2014. However, Brazil did earn positive trade balances with 156 of the 222 foreign geographic entities with which it exchanges exports and imports. Brazilian exports to exceeded Brazil’s imports from Asian nations by $5.5 billion in 2014. Similarly, Brazil achieved a $5 billion trading surplus with Middle Eastern … [Read more...] about Brazil Major Product Supply Advantages
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US Major Product Supply Advantages
United States ran an overall trade deficit of US$726.3 billion for 2014. However, the US did earn positive trade balances with 128 of the 220 foreign geographic entities with which it exchanges exports and imports. US exports to exceeded its imports from Latin America (excluding Mexico) and Caribbean Islands by $31.8 billion in 2014. Similarly, America ran a $3.5 billion … [Read more...] about US Major Product Supply Advantages
Stephen Harper’s International Trade Record
Stephen Harper has been the Canadian prime minister since 2006. This analysis shows that the Conservative Party leader has posted a mixed record in positioning Canada’s competitive advantages on global trade markets. Trade balances trending down In 2005, the year before Harper was elected to his first term, Canada posted a trade surplus equal to US$46.1 billion. Ten years … [Read more...] about Stephen Harper’s International Trade Record
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