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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...
Admin
Jan 18, 20251 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...
Admin
Jan 18, 20251 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...
Admin
Jan 14, 20251 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...
Admin
Jan 14, 20251 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...
Admin
Jan 13, 20251 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....
Admin
Jan 13, 20251 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...
Admin
Jan 9, 20251 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...
Admin
Jan 8, 20251 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...
Admin
Jan 7, 20251 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...
Admin
Jan 6, 20251 min read


U.S. Tops Global Goods Imports: $3.2 Trillion in 2023 vs. EU's $2.7 Trillion and China's $2.6 Trillion
From 2000 to 2023, U.S. goods imports increased from $1.26 trillion to $3.17 trillion, achieving a compound annual growth rate (CAGR) of...
Admin
Jan 4, 20251 min read


China’s $1.8 Trillion Manufactured Goods Surplus vs. India’s $57 Billion Deficit: Diverging Trade Paths in the 21st Century
China's manufactured goods trade surplus skyrocketed from $56 billion in 2002 to $1.8 trillion in 2023, growing at an impressive annual...
Admin
Jan 4, 20251 min read


📈 U.S. $1.22 Trillion Manufactured Goods Trade Deficit in 2023 vs. EU $0.44 Trillion Surplus and China’s $1.81 Trillion Surplus
In 2023, the U.S. recorded a $1.22 trillion manufactured goods trade deficit, underscoring a persistent and worsening trend since the...
Admin
Jan 4, 20251 min read


U.S. $57 Billion Fuels Trade Surplus in 2023 vs. EU $455 Billion Deficit and China's $435 Deficit
The following key trends are highlighted: United States: Historically had a fuels trade deficit, which began improving significantly...
Admin
Jan 4, 20251 min read


U.S. $1.15 Trillion Trade Deficit vs. EU $40 Billion Trade Surplus and China $823 Billion Trade Surplus in 2023
· U.S. Trade Deficit: The U.S. trade deficit reached a historic $1.15 trillion in 2023, reflecting a long-standing trend of...
Admin
Jan 4, 20252 min read


The Rise and Fall of U.S. Trade Liberalism with China
The U.S. trade deficit with China as a percentage of GDP Rise from 1980s, matured in the mid-2010s to 2018, and declined since 2018. Key...
Admin
Jan 4, 20251 min read


Malaysia Surpasses Saudi Arabia as China’s Second-Largest Crude Oil Supplier
In October 2024, China imported 1.78 million barrels per day (Mb/d) of crude oil from Malaysia, making it the second-largest supplier...
Admin
Jan 4, 20251 min read


EU Trade Surplus with the U.S. vs. Trade Deficit with China
From the third quarter 2022 to August 2024, European Union's goods trade surplus with the U.S. increased by 23% from €150 billion (TTM)...
Admin
Jan 4, 20251 min read


EU Exports to U.S. Surge Post-Ukraine War, While Exports to China and Russia Decline
From 2021 to August 2024, EU exports to the U.S. rose by 31.1%, contrasting with a 19.2% decrease in exports to China and Russia...
Admin
Jan 4, 20251 min read


U.S. Becomes Leading EU Trade Partner, Surpassing China and Russia
The U.S. share of total EU trade rose from 14.7% in 2021 to 17.3% by August 2024 (TTM). In contrast, China’s share declined from 16.2% to...
Admin
Jan 4, 20251 min read
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