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U.S. Exports Increasingly Rely on Resource-Based Goods
Resource-based goods exports increased by 300%, from $219 billion in 2000 to $880 billion in 2023. During this period, their share of...
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Jun 24, 20241 min read


India’s Software vs. Hardware Export Gap
In 2022, India’s computer software exports reached $141 billion, over 10 times higher than total office and telecom equipment exports...
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Jun 24, 20241 min read


U.S. Trade Deficit Soared After the COVID-19 Pandemic
The U.S. goods and services trade deficit soared by 78% from February 2020 to October 2022, but decreased by 19% from October 2022 to...
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Jun 24, 20241 min read


U.S. Computer Imports Doubled, while Exports Not Changed
From early 2000 to 2023, imports of computer and computer accessories, peripherals, and parts doubled from around $75 billion to $150...
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Jun 24, 20241 min read


U.S. Travel Exports Have Not Rebounded to Pre-Pandemic Levels
While U.S. travel exports (inward travel and tourism) remain below pre-pandemic levels, travel imports (outward travel and tourism) have...
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Jun 13, 20241 min read


U.S. Technology Goods Exports, Imports, and Trade Deficit (2000–2023)
From 2000 to 2023, U.S. exports of technology goods increased by 32%, imports grew by 112%, and the trade deficit widened by 326%.
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Jun 12, 20241 min read


U.S. Travel Exports Reached $176 billion in 2023
In 2023, U.S. travel exports amounted to $176 billion, comprising $140 billion from personal travel (80% of the total) and $36 billion...
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Jun 12, 20241 min read


U.S. Exports, Imports, and Trade Deficit (2000–2023)
With total (goods and services) exports of $3,052 billion and imports of $3,832 billion, U.S. total trade deficit reached $780 Billion in...
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Jun 12, 20241 min read


Russia's Oil Flows Shifted from West to East
After the Ukraine War, China, and particularly India, replaced the European Union as the main destinations for Russia's crude oil exports.
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Jun 12, 20241 min read


U.S. Services Trade Surplus Reached $288 Billion (TTM) in March 2024
The U.S. services trade surplus decreased by 24% from February 2020 to June 2022, but increased by 27% from June 2022 to March 2024,...
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Jun 12, 20241 min read


U.S. Goods Trade Deficit Reached $1,074 Billion (TTM) in March 2024
The U.S. goods trade deficit soared by 43% from February 2020 to October 2022, but decreased by 11% from October 2022 to March 2024,...
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Jun 12, 20241 min read


Trade Dependence of Agriculture and Food Products: Top Countries with Agriculture and Food Trade Surplus and Deficit
Global trade in agriculture and food products experienced a significant surge in 2022, reaching an impressive $4,758 billion. This marked...
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Jun 12, 20243 min read


U.S. Goods Trade Deficit by Main Categories (2000–2023)
In 2023, consumer goods were the main driver of the U.S. trade deficit, with a deficit of $501 billion, accounting for 47% of the total....
Admin
Jun 11, 20241 min read
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