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U.S. Trade Deficit by Region: Asia Leads, China’s Share Falls
In the 12 months ending Q2 2025, the U.S. goods trade deficit totaled $1,353 billion. Asia remained the largest contributor with $816...
Admin
Aug 21, 20251 min read


Dominant Global Sources of Manufactured Goods Imports: U.S. vs. China (2000 vs. 2024)
This dual-world map visualization illustrates the shift in global dominance between the United States and China as the primary sources of...
Admin
Jul 25, 20251 min read


China’s $1.9 Trillion Manufacturing Trade Surplus vs. India’s Persistent Deficit
Between 2000 and 2024, China’s trade surplus in manufactured goods surged from $50 bill ion to a record $1.9 trillion, driven by its rise...
Admin
Jul 25, 20251 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...
Admin
Feb 4, 20251 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...
Admin
Feb 4, 20251 min read


China's Top Crude Oil Suppliers: A Two-Decade Transformation (2000–2024)
China's crude oil imports have grown at a compound annual growth rate (CAGR) of 9.0%, surging from 1.4 million barrels per day (bpd) in...
Admin
Feb 4, 20251 min read


Top Crude Oil Suppliers to the U.S. (1975–2024): Canada's Dominance Over OPEC
In the 12 months ending November 2024, U.S. crude oil imports averaged 6.58 million barrels per day (Mb/D)—35% lower than the peak levels...
Admin
Feb 4, 20251 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...
Admin
Feb 4, 20251 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...
Admin
Feb 2, 20251 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.
Admin
Feb 2, 20251 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...
Admin
Feb 2, 20251 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...
Admin
Feb 2, 20251 min read


China's Export Reliance: A Return to Early 2000s Levels
China's exports-to-GDP ratio declined from a peak of 35% in 2006 to 17% in 2019–2020, before stabilizing at approximately 19% in...
Admin
Feb 2, 20251 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...
Admin
Feb 2, 20251 min read


Germany's Outsized Share of EU Manufacturing Trade Surplus
In 2023, the European Union's trade surplus in manufactured goods totaled $546 billion, comprising $439 billion from extra-EU trade and...
Admin
Feb 2, 20251 min read


China's Crude Oil Import Sources in 2024
China's crude oil imports have surged from 1.4 million barrels per day (bpd) in 2000 to an unprecedented 11.1 million bpd in 2024,...
Admin
Feb 2, 20251 min read


China’s Trade-to-GDP Ratio Reverts to Pre-21st Century Levels
From a peak of 64% in 2006, China's trade-to-GDP ratio declined to an average of 33% between 2016 and 2024. This reduction brings the...
Admin
Feb 2, 20251 min read


Russia Becomes China's Top Crude Oil Supplier in 2024 with 2.19 Mb/D, Surpassing Saudi Arabia's 1.55 Mb/D
Russia, Saudi Arabia, Malaysia, and Iraq supplied 57.5% of China’s crude oil imports in 2024. In 2024, Russia exported 2.19 million...
Admin
Jan 27, 20251 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...
Admin
Jan 27, 20251 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...
Admin
Jan 26, 20251 min read
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