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12 minutes ago1 min read
U.S.-EU Export Interdependence: Diverging Trends Since the Global Financial Crisis
The EU’s reliance on exports to the U.S. increased from 1.9% of GDP in 2008 to 3.0% in 2024, while the U.S. reliance on exports to the EU...
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Admin
15 minutes ago1 min read
U.S.-EU Trade Interdependence: Diverging Trends Since the Global Financial Crisis
Since the Global Financial Crisis, trade between the U.S. and the European Union has followed divergent trends relative to each economy's...
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Admin
28 minutes ago1 min read
EU-U.S. Trade (LTM Nov 2024): €529 Billion Exports, €336 Billion Imports, €193 Billion Surplus
In the 12 months ending November 2024, European Union trade with the U.S. totaled €866 billion, comprising €529 billion in exports, €336...
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Admin
2 days ago1 min read
Canada Supplied 61% of U.S. Crude Oil Imports in 2024, Reaching a Record 4.0 Mb/D
In the 12 months ending November 2024, U.S. crude oil imports from Canada reached a record 4.0 million barrels per day (Mb/D), accounting...
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Admin
2 days ago1 min read
U.S. Crude Oil Trade Balance (Nov 2024, LTM): 4.17 Mb/D Exports, 6.58 Mb/D Imports, 2.40 Mb/D Deficit
In the 12 months ending November 2024, U.S. crude oil exports averaged 4.17 million barrels per day (Mb/D), while imports reached 6.58...
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Admin
2 days ago1 min read
U.S. Trade-to-GDP Ratio Declines Steadily Since 2012
The U.S. trade-to-GDP ratio peaked at 24.0% in 2011 but has steadily declined, reaching 18.4% in 2024.
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Admin
2 days ago1 min read
Diverging Trade Balances: U.S. Deficit Hits $1.2 Trillion as China’s Surplus Climbs to $1.0 Trillion
In 2024, the U.S. trade deficit widened to $1.2 trillion, marking a 13.3% increase from the previous year, while China’s trade surplus...
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Admin
2 days ago1 min read
U.S. Goods Trade Deficit Hits Record $1.2 Trillion in 2024
In 2024, the U.S. goods trade deficit reached a historic high of $1.20 trillion, surpassing the previous record of $1.18 trillion set in...
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Admin
2 days ago1 min read
U.S. AI Boom Fuels Surging Demand for Taiwan’s Chips
U.S. Imports of Data Processing Units and Integrated Circuits from Taiwan Reach $55.1 Billion in 2024 Â The rapid expansion of artificial...
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Admin
2 days ago1 min read
U.S. Trade Deficit: Shift from China to the Rest of the World
The U.S.-China trade war has had a lasting impact on the U.S. trade deficit, redirecting a significant portion of it from China to other...
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Admin
Jan 271 min read
China's Global Trade Surplus Soars, but U.S. Growth Lags
Since the onset of U.S.-China trade tensions in 2018, China's overall trade surplus surged by 176%, climbing from $359 billion to $992...
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Admin
Jan 261 min read
Global Digitally Delivered Services Trade Surges to $4.3 Trillion in 2023
From 2005 to 2023, global trade in digitally delivered services* expanded at a compound annual growth rate (CAGR) of 8.2%, outpacing the...
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Admin
Jan 221 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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Admin
Jan 211 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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Admin
Jan 181 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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Admin
Jan 182 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
Jan 181 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
Jan 181 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
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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