"So, again, the U.S. trade deficit with China has fallen since 2016, the last full year of data before Trump entered the White House, from $346.83 billion to what I expect to be slightly less than $300 billion when annual statistics are released in early February." writes Ken Roberts for Forbes this week as President Trump took office.
Full story: https://bit.ly/ForbesKenChina10Imports
#TradeMatters #Tariffs #Deficit #Ecomomy #China #Nearshoring
Data-driven storytelling, made simple.
"U.S. trade with the world today is vastly different in many respects from the world Donald Trump encountered when he entered the White House as president for the first time, in 2017." writes Ken Roberts for Forbes today.
A look at labor, data, deficits, more.
Full story: https://bit.ly/ForbesKenTrumpnTrade
#TradeMatters #Deficit #Trade #Trump #GOP #Labor #Data
Data-driven storytelling, made simple.
💉The imports of the category that include vaccines is up over 100% in the last five years. It is the #4 import in the U.S., jumping five other categories in just two years.
According to the U.S. Census Bureau description plasma, vaccines, blood imports are mostly, "immunological products, put up in measured doses or in forms or packings for retail sale".
This type of product tends to need temperature controlled and tends to fly, entering the U.S. at airports like Chicago Department of Aviation (CDA) - O'Hare & Midway International Airports, Hartsfield-Jackson Atlanta International Airport, JFK Airport, and CVG Airport - Cincinnati/Northern Kentucky International Airport.
#Tradematters #Airports #Vaccines #Medical
🌐 BRICS and U.S. trade - next up a look at what we source from China.
CHINA is the No. 1 source for 290 different products coming into the U.S. so far this year. Two of those have over $10 billion in imports this year from China:
™️Made in China
Cell phones, $33.76 billion to U.S.
Electric storage batteries, $12.52 billion to U.S.
Data: https://ustradenumbers.com/country/CHINA/
Data-driven storytelling, made simple.
#TradeMatters #BRICS #CHINA #Tarriffs #Imports
🌐 BRICS and U.S. trade - next up a look at what we source from South Africa.
SOUTH AFRICA is the No. 1 source for unwrought platinum used in the catalytic converters, silicone production, medical and biomedical, petroleum refining, jewelry. This category also includes palladium and rhodium.
Over half of all unwrought platinum imports entering the U.S. are sourced from South Africa.
Data: https://ustradenumbers.com/country/south-africa/
Data-driven storytelling, made simple.
#TradeMatters #BRICS #Africa #Tarriffs #Imports #Platinum
🌐 BRICS and U.S. trade - next up a look at what we source from India.
INDIA is the No. 1 source for medicines in individual dosages into the U.S. year-to-date. The U.S. also sources diamonds primarily from India.
Data: https://ustradenumbers.com/country/india/
Data-driven storytelling, made simple.
#TradeMatters #BRICS #INDIA #Tarriffs #Meds #Diamonds #Imports
🌐 BRICS and U.S. trade - next up a look at what we source from Russia.
RUSSIA is the No. 2 source for unwrought platinum that we import into the U.S. Platinum replaced gasoline as the number one U.S. import from Russia last year.
🌱Russia is the No. 1 source for nitrogenous fertilizer imports into the U.S. year-to-date.
Data: https://ustradenumbers.com/country/russia/
Data-driven storytelling, made simple.
#TradeMatters #BRICS #Russia #Tarriffs #Platinum #Farming #Imports
🌐 BRICS and U.S. trade - this week a look at what we source from each of the top BRICS nations.
BRAZIL is the No. 1 source for 32 different goods that we import into the U.S. including
☕ Coffee
🌳 Wood pulp (chemical, dissolving, non dissolving)
🐄 Furskins, leather, fats from cows
Data: https://ustradenumbers.com/country/brazil/
Data-driven storytelling, made simple.
#TradeMatters #BRICS #Brazil #Tarriffs #Coffee #Imports
FASTEST GROWING BORDERS, YTD September 2024
↗️ Here are the top 5 fastest-growing *BORDER CROSSINGS* in the U.S. according the latest U.S. Census Bureau trade data we analyze.
The two primary partners for these crossings are Canada and Mexico.
The growth is based on one-year change through September 2024 compared to the same period one year earlier.
Data: https://ustradenumbers.com/united-states/
#TradeMatters #Ports #SupplyChain #Economy #Mexico #Canada
Data-driven storytelling, made simple.
FASTEST GROWING SEAPORTS, YTD SEptember 2024
↗️ Here are the top 5 fastest-growing *SEAPORTS* in the U.S. according the latest U.S. Census Bureau trade data we analyze.
The top U.S. imports that arrive by sea include passenger vehicles, oil, and gasoline.
The growth is based on one-year change through September 2024 compared to the same period one year earlier.
Data: https://ustradenumbers.com/imports/
#TradeMatters #Ports #SupplyChain #Economy #AirCargo
Data-driven storytelling, made simple.
(Next: fastest-growing border crossings).
↗️ Here are the top 5 fastest-growing AIRPORTS in the U.S. according the latest U.S. Census Bureau trade data we analyze.
This group of diverse (air)ports fly out of five different states: Kentucky/Ohio, Washington, California, Texas and Hawaii.
The growth is based on one-year change through September 2024 compared to the same period one year earlier.
Data: https://ustradenumbers.com/united-states/
#TradeMatters #Ports #SupplyChain #Economy
Data-driven storytelling, made simple.
↗️ Here are the top 5 fastest-growing ports in the U.S. according the latest U.S. Census Bureau trade data we analyze.
Three airports, one seaport and one border crossing are on the list.
The growth is based on one-year change through September 2024 compared to the same period one year earlier.
Data: https://ustradenumbers.com/united-states/
#TradeMatters #SeaPorts #SupplyChain #Economy #aircargo
Data-driven storytelling, made simple.
Our mission is to connect local communities with the global economy by analyzing trade data updated monthly at ustradenumbers.com.
