Trade of United States of America

Trade of United States of America Foreign trade  In 2018, total U.S. trade with foreign countries was $5.6 trillion. That was $2.5 trillion in exports and $3.1 trillion in imports of both goods and services. The United States was the world’s third-largest exporter, after China and the European Union. It was the world’s second-largest importer after the top-ranked EU.  U.S. Exports Goods contribute 67%, […]

Trade in UAE

Trade in UAE UAE export overview The United Arab Emirates (UAE) is the UK’s largest export market in the Middle East and the 13th biggest globally. The UK exported £9.8 billion of goods and services in 2016. This was a 37% increase since 2009. The UAE is the UK’s fourth largest export market outside the EU. The UAE has made huge […]

Trade of Japan

Trade of Japan External trade Exports An outstanding feature of Japan’s economic development after World War II was the rapid advance in overseas sales, even though the share of exports in the country’s gross national product generally remained relatively constant. However, from the point of view of individual industries and as a generator of growth, exports are much more […]

Trade of Iran

Trade of Iran Iran – International trade Following a strong balance of payments performance in 1996-97, mainly due to high oil prices, the period 1997-99 witnessed the deterioration of Iran’s external accounts, triggered by tumbling oil prices and stagnant non-oil exports. Imports went down due to the resulting scarcity of foreign exchange, and Iran negotiated re-phasing part […]

Trade of India

Trade of India India – International trade For decades after independence in 1947, India embarked on a program of autarky (national economic self-sufficiency) which included import substitution policies. By 1991, however, a sluggish economy combined with the forces of globalization led to a more open Indian economy. There was simultaneously a gradual rise in exports, imports, foreign direct […]

Trade of Germany

Trade of Germany The German economy is heavily export-oriented and needs imported goods, mostly fuels and raw materials, so Trade (expressed in billions of US$): Germany exports Imports 1975 90.176 74.930 1980 192.860 188.002 1985 183.933 158.488 1990 410.104 346.153 1995 523.802 464.271 1998 540.554 467.315 SOURCE: International Monetary Fund. International Financial Statistics Yearbook 1999. with a […]

Trade of China

Trade of China Trade has become an increasingly important part of China’s overall economy, and it has been a significant tool used for economic modernization. The direction of China’s foreign trade has undergone marked changes since the early 1950s. In 1950 some three-fourths of the total was accounted for by trade with noncommunist countries, but by 1954—one […]

Trade of Canada

Trade of Canada Canada trade overview Canada’s current account balance recorded a deficit of $59 billion in 2018. This was $1.6 billion smaller than in 2017. The lower trade deficit was mainly due to a narrowing of the goods trade deficit by $2.7 billion. However, these gains were partially offset by the combination of a widening income deficit and the services trade balance […]

Trade of Afghanistan

Afghanistan Trade Afghanistan is an economically downtrodden country that relies highly on farming and livestock. There was an astronomical decline in the gross domestic product (GDP) of the country in the last two decades of the 20th century. The contributing factors included disruption in trade and transport, and loss of capital and labor. The economic activities […]
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