#imports | Econovis 2/2

Jan 41 min read

Global Growth in Services Trade Surpasses Goods Trade Post-2010

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....

Jan 41 min read

India's Trade Balance of Goods and Services (1990–2023)

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

Jul 21, 20241 min read

China and India's Share of World Goods Exports (1990–2023)

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...

Jun 24, 20241 min read

U.S. Technology Capital Goods Trade Deficit

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.

Jun 24, 20241 min read

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...

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...

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...

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...

Jun 13, 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...

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,...

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,...

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...

Global Economy

Jun 12, 20243 min read

U.S. Scientific, Hospital, and Medical Equipment and Parts Imports Surpassed Exports Since 2018

Jun 12, 20240 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....