Trade gap widens to $3.95b in July
Exports grow 9.5%, imports surge $1b, as incentives fail to curb imbalance
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Exports grow 9.5%, imports surge $1b, as incentives fail to curb imbalance
The gap in goods and services trade grew 24.4% from the prior month to $88.6 billion. The value of imports increased 2.8% and exports fell 2.1%.
The gap in goods and services trade in June shrank 5.6% from the prior month to $73.3 billion, Commerce Department data showed Aug. 4.
Goods trade deficit larger than before the election. So much for tariffs reducing goods imports relative to pre tariff. Figure 1: Goods trade balance, BoP basis (black), Census bas...
The UAE runs a 28% trade surplus, while Ukraine faces a 23% deficit. See which major economies fall on either side.
Trade imbalances on exports from the Far East to most major global regions have continued to worsen, creating challenges for container carriers and increasing costs for head-haul s...
The trade deficit expanded to ¥406.9 billion on an unadjusted basis from a revised ¥391.8 billion gap in May.
The US trade deficit widened significantly in July, with a sharp increase in imports and a decline in exports that could weigh on economic growth in the third quarter. The goods an...
FDI drops 34% to $1.6b as goods imports widen trade gap
Merchandise imports climbed 3.7%. The advance was fueled by the largest increase in capital goods — a category that includes computers and accessories, semiconductors and telecommu...
The shortfall in goods trade declined 4.2% from the prior month to $101.5 billion. U.S. exports of goods fell 1.8%, led by a slide in industrial supplies, while imports dropped by...
Exports decline 6.8% to $30.1b as imports surge 17.6%, exposing structural weakness
India’s trade with key FTA partners such as the ASEAN countries has become increasingly import-driven, resulting in widening trade deficits
Economists had expected trade deficit to ‌be $26.63 billion in June, according ‌to ⁠a Reuters poll, ⁠compared with a deficit of $28.21 billion in the previous month
India’s merchandise exports rose 19.6 per cent on-year in July to $44.2 billion, but imports rose 17.5 per cent to $76.2 billion. The goods trade deficit widened to $32.0 billion,...
May trade balance (non-seasonally adjuted) -€7.8 billion vs -€1.6 billionPrior -€1.0 billion; revised to -€1.2 billionThat is a marked increase in the Eurozone trade deficit as ene...
Global trade imbalances have gained attention following President Donald Trump's reelection, with China's trade surplus increasing and the US trade deficit remaining historically h...
The distance on a potential deal comes after a week of negotiations in Washington between Canadian and U.S. officials, labelled by multiple sources as constructive.
The distance on a potential deal comes after a week of negotiations in Washington between Canadian and U.S. officials, labelled by multiple sources as constructive.
France July trade balance -€6.67 billionPrior -€5.85 billion; revised to -€5.75 billionThe breakdownThe French trade widened in July as exports grew a little to €54.68 billion from...
In the goods basket, petroleum products exports increased by 67.64 per cent to $ 6.92 billion, electronic goods exports increased by 57.40 per cent to $5.92 billion and engineering...
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