trade deficit

India’s trade deficit widens to record after exports plunge

The gap between exports and imports stood at US$41.68 billion last month

Imports of goods dropped US $19.6 billion to US$261.6 billion. Goods exports fell US$2.3 billion to US$176.1 billion.

US goods trade deficit contracts sharply in August

The goods trade gap narrowed 16.8% to US$85.5 billion last month

Imports of goods decreased US$11.5 billion to US$264.2 billion. Goods exports slipped US$1.1 billion to US$178.2 billion.

US goods trade deficit narrows sharply in June

The goods trade gap narrowed 10.8 per cent to US$86.0 billion last month

Imports fell 1.7 per cent in May to US$60.61 billion from a year earlier, while exports declined 2.2 per cent to US$38.73 billion.

India trade gap shrinks in May despite rising global strains

The gap between exports and imports stood at US$21.88 billion last month

In a bid to reduce its trade surplus with Washington, Hanoi has recently taken several measures, including cutting tariffs on a wide range of goods destined for the US and stepped up its crackdown on Chinese goods being shipped to the US via its territory.

US tells Vietnam trade deficit ‘unsustainable’ and major concern during tariff talks

[HANOI] The United States has told Vietnam its trade deficit with the South-east Asian country is “unsustainable” and a major concern, Vietnamese state media reported on Friday, as the two countries h...

Ishiba says Japan won’t sacrifice the domestic agriculture industry for the sake of winning US tariff concessions for automobiles.

Japan’s Ishiba signals increasing corn imports as part of US trade talks

Agreeing to buy more corn is a less controversial option for Japan than increasing rice imports

The report illustrates what was likely the final push by US companies to secure goods before President Donald Trump announced expansive duties on April 2.

US trade deficit widens to a record on pre-tariffs import surge

The goods and services trade gap grew 14% from the prior month to US$140.5 billion

In March alone, goods imports from China jumped over 25 per cent year-on-year to US$9.7 billion, led by electronics, electric batteries and solar cells.

India trade deficit with China widens to record US$99.2b amid dumping concerns

It was driven by a surge in imports of electronics goods and consumer durables

Imports may very well fall in the coming months – which would help to narrow the trade gap, one of Trump’s aims with his policy – as businesses try to avoid outsourcing expensive foreign goods.

US trade gap shrinks on export boost as imports stay elevated

The gap in goods and services trade narrowed 6.1% from the prior month to US$122.7 billion