Saturday, February 8, 2014

Nice resource on trade balance in the US. Or I should say trade imbalance.

If you are teaching or learning about trade here is a nice concise resource for the year 2013.

It shows the dollar values of exports and imports from and to the US.  It also shows the general categories of goods that the US trades in with the rest of the world.

I highlighted Exports in yellow, Imports in red and the overall trade numbers in green.

The US had a merchandise (this DOES not include trade in services) trade deficit $650.857 Billion with the rest of the world. In other words, we bought $650.857 Billion dollars more in "stuff" than we sold to the rest of the world.

We love foreign made stuff!  Is this a good thing, bad thing, or just a thing?

View My Stats