The U.S. recorded a total trade deficit of $879 billion in the 12 months ending November 2024 (TTM). This figure comprises a $292 billion...

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...

From 2000 to 2023, China's goods exports soared from $0.25 trillion to $3.38 trillion, marking an exceptional compound annual growth rate...

In 2023, global iron and steel exports totaled $541 billion, growing at a compound annual growth rate (CAGR) of 6.0% from 2000 to 2023,...

In 2023, global food exports exceeded $2 trillion, growing at a compound annual growth rate (CAGR) of 7.0% from 2000 to 2023, outpacing...

In 2023, the U.S. recorded a $1.22 trillion manufactured goods trade deficit, underscoring a persistent and worsening trend since the...

The following key trends are highlighted: United States: Historically had a fuels trade deficit, which began improving significantly...

In the 12 months ending September 2024, U.S. exports to Canada totaled $350 billion. Machinery and transport equipment dominated at $149...

Pharmaceuticals, Machinery, and Automotive Comprise Half of EU Exports to the U.S. In the 12 months ending September 2024, European Union...

In the 12 months ending September 2024 (TTM), U.S. goods and services exports to Canada totaled $441 billion, while imports from Canada...

1970s: Trade openness began increasing following the early 1970s collapse of the Bretton Woods system, which ended fixed exchange rates....

From 1980 to 2011, global services trade grew at an annual growth rate (CAGR) of 7.9%, slightly outpacing the 7.3% growth in goods trade....

Goods Exports as a Percentage of Gross Domestic Product (GDP) In 2023, the global ratio of goods exports to GDP was 22.7%. Advanced...

In the year ending July 2024, over $120 billion was invested in U.S. construction for advanced chip manufacturing facilities, driving...

Despite having the world's largest labor force, India's clothing exports reached only $15 billion in 2023. This figure is significantly...

Despite Service Sector Growth, India's Overall Trade Deficit Persists. In 2023, a Services Trade Surplus of $96 Billion Could Not Offset...

China’s exports to Asia (excluding East Asia) grew at a CAGR of 16.7% from 2001 to 2023, reaching $970 billion, nearly matching the...

China's share of world exports has experienced remarkable growth over the past few decades. In 2000, China's share was a modest 3.9%, but...

The U.S. technology capital goods trade deficit soared by 46% from 2020 to 2023, reaching $170 billion in 2023 after the COVID-19 pandemic.