India, USA, China - Trade Deficit Performance after Covid PhaseIndia’s Trade Deficit Nearing a Turning Point – Strong Growth Amid Global Shifts
Trade Deficit Performance Over the Last 5 Years:
India: -10%
USA: -215%
China: +359%
Over the past five years, global trade dynamics have shifted significantly, with India showing promising signs of a turnaro
Key data points
Last release
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Observation period
Mar 2025
Next release
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Forecast
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Highest
539.94 B USD on Feb 28, 2025
Lowest
1.25 B USD on Feb 28, 1983
About China Exports
Exports has been a major component supporting China's rapid economic expansion. In the last few years, machinery and transport equipment accounted for almost half of total exports, in particular, electrical machinery, apparatus and appliances (14 percent), telecommunications and sound recording and reproducing apparatus and equipment (12 percent), office machines and automatic data processing machines (8 percent), and general industrial machinery and equipment, and machine parts (5 percent). Other major export categories were: miscellaneous manufactured articles (23 percent), manufactured goods classified chiefly by material (16 percent) such as textile yarn, fabrics, made-up articles (5 percent), manufactures of metals (4 percent) and iron and steel (2 percent); chemicals and related products (6 percent); and food and live animals (3 percent). The EU and US were the largest destinations of China's shipments, accounting for more than 15 percent followed by Hong Kong, Japan, South Korea, Vietnam, Germany, India and the Netherlands (3 percent).
75: China Export Analysis - Fundamental and Technical OverviewThe European Union (EU) and the United States have increased scrutiny and imposed higher tariffs on Chinese imports, particularly electric vehicles and strategic materials like gallium and germanium. These measures are designed to protect domestic industries from what are perceived as unfair trade p
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