What was the trade balance in goods in 2011?
What was the trade balance in goods in 2011?
Although the United States had a surplus in services trade, which increased by $33.2 billion (22.8 percent) in 2011, that surplus paled in comparison to the U.S. trade deficit in goods trade, which increased from $645.9 billion to $737.1 billion in 2011 (an increase of $91.2 billion or 14.1 percent).
How much is the balance of trade of India?
India trade balance for 2020 was $-8.31B, a 88.55% decline from 2019. India trade balance for 2019 was $-72.57B, a 27.71% decline from 2018. India trade balance for 2018 was $-100.38B, a 19.84% increase from 2017.
What was the trade deficit in 2012?
436.589
The U.S. goods trade deficit with Japan increased from $63.2 billion in 2011 to $76.3 billion in 2012, an increase of $13.1 billion (20.3 percent)….U.S. non-petroleum goods trade deficit, 2000–2012.
| Year | Deficit (nominal, in billions) |
|---|---|
| 2012 | 436.589 |
When did India have a trade surplus?
India’s trade with select Indo-Pacific economies increased eight times over the last 19 years, reaching $262 billion in 2020 from $33 billion in 2001, with the US being the largest trade partner with a dominant share of 29% in 2020.
What was the trade deficit in 2010?
In 2010, the U.S. trade deficit was $497.8 billion, which is up from $374.9 billion in 2009 but still almost 30 percent below the 2008 trade deficit of $698.8 billion. The 2010 trade balance comprised a trade in goods deficit of $646.5 billion and a trade in services surplus of $148.7 billion.
What was June 2021’s US trade balance?
Exports increased $0.6 billion to $22.6 billion and imports increased $1.7 billion to $42.2 billion. The deficit with India increased $1.0 billion to $3.5 billion in June. Exports decreased $0.3 billion to $2.9 billion and imports increased $0.7 billion to $6.5 billion.
Which country has highest Trade with India?
Largest trading partners with India
| Rank | Country | Total Trade |
|---|---|---|
| 1 | United States | 92.0 |
| 2 | China | 81.89 |
| 3 | United Arab Emirates | 59.03 |
| 4 | Saudi Arabia | 26.71 |
Is India a trade deficit or surplus?
The current account surplus stood at $6.5 billion in April-June quarter, data from the country’s central bank released earlier showed. India’s overall exports (Merchandise and Services combined) in September 2021 are estimated at $54.06 billion, seeing a growth of 21.44% over the same period last year.
In which year was balance of trade Favourable in case of India?
India had a favourable balance of trade only in 1972-72 (Rs. 104 Crore) and 1976-77 (Rs. 68 crore) . The control on import on the one hand and promote export on another hand is what Government of India taking some measures to control Balance of trade.
Who had the largest trade deficit in 2009?
China
China, the European Union (EU), Canada, and Mexico, the four largest U.S. trading partners, together accounted for more than 70 percent of the U.S. trade deficit in the period 2008 to 2009.
What happened to the US trade deficit in 2008?
In 2008, the merchandise trade deficit increased by $24.2 billion (3 percent) to $920.7 billion. The trade deficit was affected substantially by the higher price of crude petroleum, which resulted in an increase in the value of U.S. imports of energy-related products.
What does US export in 2021?
The deficit with the European Union increased $1.1 billion to $19.6 billion in June. Exports increased $0.6 billion to $22.6 billion and imports increased $1.7 billion to $42.2 billion….U.S. International Trade in Goods and Services, June 2021.
| Deficit: | $75.7 Billion | +6.7%° |
|---|---|---|
| Exports: | $207.7 Billion | +0.6%° |
| Imports: | $283.4 Billion | +2.1%° |
