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2 days ago1 min read
China's Export Reliance on the U.S. Falls Sharply, Mirroring U.S. Import Shift Away from China
The U.S. share of China’s exports rose from 14% in 1985 to a peak of 42% in 1999 but has steadily declined since 2000. By 2016–2018, it...
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3 days ago1 min read
U.S. and EU Drive 61% of China’s Trade Surplus in 2024 Despite Modest 24%
In 2024, China's trade surplus was heavily driven by the U.S. and EU, which accounted for 61.3% of the total surplus. Despite their...
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3 days ago1 min read
Trade Policy Uncertainty Surged After Trump Election
The Trade Policy Uncertainty Index spiked significantly in Q4 2024 following the election of Donald Trump. Previous peaks occurred during...
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Admin
4 days ago1 min read
The Rise of South-South Trade: Expanding Economic Ties Between Emerging Market and Developing Economies
Trade among Emerging Market and Developing Economies (EMDEs) expanded eightfold (10% CAGR), from $1.7 trillion in 2001 to $14.0 trillion...
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6 days ago1 min read
U.S.-Canada Trade Supports U.S. Manufacturing and Jobs Despite Overall Deficit
Surpluses in Manufactured Goods and Services Trade with Canada vs. Deficits in Fuels and Crude Materials  In the trailing twelve months...
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6 days ago2 min read
U.S. $873 Billion Goods and Services Trade Deficit in 2023 vs. EU $216 Billion Surplus and China's $652 Billion Surplus
·     U.S. Trade Deficit: The U.S. goods and services trade deficit reached $873 Billion in 2023, reflecting a long-standing trend of...
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Admin
6 days ago1 min read
U.S. Share of World Imports Reaches 13.1% in 2023 vs. EU at 11.2% and China at 10.5%
The U.S. share of global goods imports reached 13.1% in 2023, exceeding the European Union at 11.2% and China at 10.5%. Between 2000 and...
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Admin
6 days ago1 min read
China's Trade Soars to $6.2 Trillion in 2024: $3.6 Trillion in Exports, $2.6 Trillion in Imports, and $1 Trillion Surplus
Between 2019 and 2024, China's exports surged by 43%, rising from $2.5 trillion to $3.6 trillion. Imports increased by 25%, growing from...
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6 days ago1 min read
China's Share of World Exports Reaches 14.2% in 2023 vs. EU at 11.6% and U.S. at 8.5%
China's share of global goods exports climbed to 14.2% in 2023, significantly surpassing the European Union at 11.6% and the United...
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Admin
6 days ago1 min read
Manufactures Unit Value Index: Six Decades of Global Economic Shifts (1960–2024)
The "Manufactures Unit Value Index" (MUV) tracks the unit value of manufactured goods exported by fifteen major countries from 1960 to...
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Admin
Jan 141 min read
Diverging Trade Dynamics: U.S. Deficit vs. China Surplus
In the 12 months ending November 2024, the U.S. trade deficit reached $1.17 trillion, while China recorded a $0.96 trillion trade...
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Admin
Jan 141 min read
China's Share of World Trade Reaches 12.3% in 2023 vs. EU at 11.4% and U.S. at 10.8%
China's share of global goods trade rose to 12.3% in 2023, surpassing the European Union at 11.4% and the United States at 10.8%. From...
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Admin
Jan 131 min read
Global Leaders in Manufactured Goods Exports
Global exports of manufactured goods reached $15.55 trillion in 2023, comprising 65% of total world exports. China was the largest...
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Jan 131 min read
U.S. $1.21 Trillion Non-Fuels Goods Trade Deficit in 2023 vs. EU $0.47 Trillion Surplus and China’s $1.29 Trillion Surplus
In 2023, the U.S. reached a $1.21 trillion non-fuels goods trade deficit, highlighting a persistent and worsening trend since the 1990s....
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Jan 91 min read
China's Trade Dependence on the U.S. Declines Sharply, Outpacing the U.S. Shift Away from China
The U.S. share of China’s trade (exports + imports) increased from 11% in 1985 to a peak of 26% in 1998 and 1999. Since 2000, this share...
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Jan 91 min read
Raw Materials and Commodities Dominate Africa’s Exports
Africa’s exports remain heavily reliant on raw materials and commodities. In 2023, out of $700 billion in total exports, 80% came from...
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Jan 81 min read
Global Trade Dynamics by Continent (1970–2023)
In the 1960s and 1970s, Europe accounted for 50% of global trade, followed by the Americas at 23% and Asia at 17%. Asia's share of global...
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Admin
Jan 71 min read
U.S. Trade Deficit Shifts: 28% Decline with China but 96% Surge with Rest of World
The U.S.-China trade war significantly reshaped the U.S. trade deficit, shifting much of it from China to other countries. From the first...
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Jan 61 min read
China Leads Global Goods Exports: $3.4 Trillion in 2023 vs. EU's $2.8 Trillion and U.S.'s $2.0 Trillion
From 2000 to 2023, China's goods exports soared from $0.25 trillion to $3.38 trillion, marking an exceptional compound annual growth rate...
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Jan 41 min read
Evolution of Africa’s Export Composition (2001–2023)
Africa’s exports reached $700 billion in 2023, with fuels, minerals, and metals forming the backbone of the continent's trade, totaling...
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