In 2024, China's balance of trade in agricultural products indicated a trade deficit of approximately ****** billion U.S. dollars. The trade deficit has increased considerably over the last two decades.

The US faces a record-breaking $49 billion agricultural trade deficit driven by increased food imports and reduced export demand. Industry calls for market diversification and sustainable innovations to navigate evolving global trade dynamics.

In 2022, the trade balance of agricultural products between the United States and China came to around 29.65 billion U.S. dollars. However, the trade balance of computer and electronics came to a negative 139.61 billion U.S. dollars indicating that the U.S. imports more computers than it exports. This accounts for the trade under the North American Classification System (NAICS) product categories. The data are not seasonally adjusted.

Between 2017 and 2020, the trade balance of agricultural product imports and exports in Turkey exhibited positive values, meaning that Turkey was an exporter country of agricultural products. However, from 2021 and onward, the trade balance of these products changed and the value of agricultural imports exceeded exports. In 2022, agricultural exports were valued at nearly **** billion U.S. dollars, which indicated a trade surplus of **** billion U.S. dollars.

In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.

State fact sheets provide information on population, income, education, employment, federal funds, organic agriculture, farm characteristics, farm financial indicators, top commodities, and exports, for each State in the United States. Links to county-level data are included when available.This record was taken from the USDA Enterprise Data Inventory that feeds into the https://data.gov catalog. Data for this record includes the following resources: Query tool For complete information, please visit https://data.gov.

FAS’s PSD (Production, Supply and Distribution) Online data for those commodities published in the WASDE Report are reviewed and updated monthly by an interagency committee chaired by USDA’s World Agricultural Outlook Board (WAOB), and consisting of: the Foreign Agricultural Service (FAS), the Economic Research Service (ERS), the Farm Service Agency (FSA), and the Agricultural Marketing Service (AMS). The international portion of the data is updated with input from agricultural attachés stationed at U.S. embassies around the world, FAS commodity analysts, and country and commodity analysts with ERS. The U.S. domestic component is updated with input from analysts in FAS, ERS, the National Agricultural Statistical Service, and FSA. Interagency work on the database is carried out under the aegis of the WAOB. The official USDA supply and use data is published monthly in: WAOB, World Agricultural Supply and Demand Estimates (WASDE); in the foreign agricultural commodity circular series issued by FAS; and in the regional situation and outlook reports and monthly commodity newsletters of ERS (see keywords Crops and Animal Products) data for horticultural products are usually published twice a year. Resources in this dataset:Resource Title: Market and Trade Data. File Name: Web Page, url: https://apps.fas.usda.gov/psdonline/app/index.html#/app/home

The Russian agricultural exports decline between 2015 and 2016 was followed by significant growth in the following years. Thus, over the last observed period, the country accounted for roughly ** billion U.S. dollars worth of agricultural exports. Figures of the import trade were relatively lower than of the exports translating into a trade balance deficit each year, which shank twofold in 2018.

Assets: BS: NIFB: Financial: Trade Receivables data was reported at 813.672 USD bn in Mar 2018. This records an increase from the previous number of 803.626 USD bn for Dec 2017. Assets: BS: NIFB: Financial: Trade Receivables data is updated quarterly, averaging 59.975 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 813.672 USD bn in Mar 2018 and a record low of 6.623 USD bn in Dec 1970. Assets: BS: NIFB: Financial: Trade Receivables data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB072: Balance Sheet: Nonfinancial Noncorporate Business Incl Farm.

Techsalerator’s Import/Export Trade Data for Jamaica

Techsalerator’s Import/Export Trade Data for Jamaica offers a detailed and insightful collection of information regarding international trade activities involving Jamaican companies. This dataset provides an extensive examination of trade transactions, categorizing and documenting imports and exports across various industries within Jamaica.

To access Techsalerator’s Import/Export Trade Data for Jamaica, please contact us at info@techsalerator.com or visit https://www.techsalerator.com/contact-us with your specific requirements. Techsalerator will provide a customized quote based on your data needs, with delivery available within 24 hours. Ongoing access options can also be discussed.

Techsalerator's Import/Export Trade Data for Jamaica delivers a thorough analysis of trade activities, integrating information from customs reports, trade agreements, and shipping records. This comprehensive dataset assists businesses, investors, and trade analysts in understanding Jamaica’s trade landscape in detail.

Key Data Fields

• Company Name: Lists the companies involved in trade transactions, helping to identify potential partners or competitors and track industry-specific trade patterns.
• Trade Volume: Details the quantity or value of goods traded, providing insights into the scale and economic impact of trade activities.
• Product Category: Specifies the types of goods traded, such as raw materials or finished products, aiding in understanding market demand and supply chain dynamics.
• Import/Export Country: Identifies the countries of origin or destination for traded goods, offering insights into regional trade relationships and market access.
• Transaction Date: Records the date of transactions, revealing seasonal trends and shifts in trade dynamics over time.

Top Trade Trends in Jamaica

• Trade Balance Dynamics: Jamaica’s trade balance experiences fluctuations with major partners such as the United States and Canada. Ongoing trade negotiations and policy adjustments aim to address imbalances and enhance trade relationships.
• US-Jamaica Trade Relations: The trade relationship with the United States is central, influenced by agreements such as the Caribbean Basin Initiative (CBI). This partnership shapes significant aspects of Jamaica's trade policy and practices.
• Expansion of Trade Networks: Jamaica is actively diversifying its trade partners and markets beyond traditional partners, reflecting a trend toward broader global trade engagement.
• Growth in Agricultural Exports: Jamaica continues to see notable trade in agricultural products, including sugar, coffee, and spices, which play a crucial role in its export economy.
• Focus on Sustainable Practices: There is an increasing emphasis on integrating sustainability into trade policies, promoting environmentally friendly practices and technologies.

Notable Companies in Jamaican Trade Data

• GraceKennedy Limited: A major player in food and consumer goods, involved in importing and exporting a wide range of products.
• Jamaica Producers Group: Engaged in the export of agricultural products, including fruits and juices, reflecting Jamaica’s agricultural strengths.
• National Commercial Bank (NCB): Involved in financial services related to trade transactions, impacting Jamaica’s trade finance sector.
• Caribbean Cement Company: A key exporter of cement and building materials, highlighting Jamaica’s role in construction and infrastructure trade.
• Lascelles deMercado & Co. Ltd.: Known for its beverages and spirits, involved in both importing and exporting products within the beverage industry.

Accessing Techsalerator’s Data

To obtain Techsalerator’s Import/Export Trade Data for Jamaica, please contact us at info@techsalerator.com with your requirements. We will provide a customized quote based on the number of data fields and records needed, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields:

• Company Name
• Trade Volume
• Product Category
• Import/Export Country
• Transaction Date
• Shipping Details
• Customs Codes
• Trade Value

For detailed insights into Jamaica’s import and export activities and trends, Techsalerator’s dataset is an invaluable resource for staying informed and making strategic decisions.

United States Liabilities: BS: NCIF: Trade Payables data was reported at 2,581.064 USD bn in Mar 2018. This records an increase from the previous number of 2,515.786 USD bn for Dec 2017. United States Liabilities: BS: NCIF: Trade Payables data is updated quarterly, averaging 435.460 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 2,581.064 USD bn in Mar 2018 and a record low of 28.301 USD bn in Jun 1952. United States Liabilities: BS: NCIF: Trade Payables data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB071: Balance Sheet: Nonfinancial Corporate Business Incl Farm.

United States Liabilities: NIFB: Trade Payables data was reported at 683.138 USD bn in Mar 2018. This records an increase from the previous number of 671.940 USD bn for Dec 2017. United States Liabilities: NIFB: Trade Payables data is updated quarterly, averaging 60.822 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 683.138 USD bn in Mar 2018 and a record low of 9.045 USD bn in Dec 1951. United States Liabilities: NIFB: Trade Payables data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB072: Balance Sheet: Nonfinancial Noncorporate Business Incl Farm.

United States Assets: BS: NCIF: Financial: Trade Receivables data was reported at 3,246.745 USD bn in Mar 2018. This records an increase from the previous number of 3,134.024 USD bn for Dec 2017. United States Assets: BS: NCIF: Financial: Trade Receivables data is updated quarterly, averaging 721.237 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 3,246.745 USD bn in Mar 2018 and a record low of 41.964 USD bn in Dec 1951. United States Assets: BS: NCIF: Financial: Trade Receivables data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB071: Balance Sheet: Nonfinancial Corporate Business Incl Farm.

This table contains 38500 series, with data for years 1988 - 2017 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada) Trade (2 items: Import; Export) Basis (2 items: Customs; Balance of payments) Seasonal adjustment (2 items: Unadjusted; Seasonally adjusted) North American Product Classification System (NAPCS) (139 items: Total of all merchandise; Farm, fishing and intermediate food products; Farm and fishing products; Live animals; ...) Release (35 items: January 5, 2018; December 5, 2017; November 3, 2017; October 5, 2017; ...).

Official USDA data on production, supply, and distribution of agricultural commodities for the United States and key producing and consuming countries.This record was taken from the USDA Enterprise Data Inventory that feeds into the https://data.gov catalog. Data for this record includes the following resources: PSD Online Home Page For complete information, please visit https://data.gov.

Grain and grain legumes accounted for the most significant balance surplus in the Russian agricultural trade by exporting over ** billion U.S. dollars more of this commodity compared to imports' value thereof during 2018. Other product types that marked higher export levels relative to imports were fats, oils, fish, and crustaceans. The most eye-catching balance deficit was reported in the food industry products category with a negative **** billion U.S. dollars in 2018.

Economy (1); specific economic issues (4); employment (3); budget deficit (2); free trade (5); foreign imports effecting economy (1); sale of French exports (2); farm subsidies (1); economic health of third-world countries (5); Soviet trade effecting employment (1); trade interests (1); trade with Soviet Union (6); American economic health (1); French economic health dependant on America (1); Ronald Reagan economic policies (2); American economic leadership/aid (2); French/American relations (4); partisanship (1).

In 2023, the main exported products from Honduras were coffee and its byproducts, which accounted for a total export value of nearly 1.4 billion U.S. dollars. Bananas and plantains ranked second, at about 685 million dollars, followed by palm oil, with roughly 466 million dollars. Petroleum, on the other hand, was one of the most imported products by Honduras that year, with an import value of about 2.6 billion U.S. dollars. Honduras’s leading trade partners In 2023, the United States was Honduras’s leading trade partner, both in terms of imports and exports, with total approximate trade values of 5.1 billion U.S. dollars for American imports and 2.1 billion dollars for American exports. China came in second place for imports. The Central American country imported a staggering 2.3 billion dollars’ worth of goods from China. Fellow Latin American countries, Mexico, Guatemala, and El Salvador were also part of Honduras’s top five trade partners. Decline in Honduras’s trade balance The large trade deficit Honduras experienced with China and the United States is part of the larger picture of the country’s consistent overall trade deficit, which has seen a significant increase over the last decade. In 2001, Honduras recorded a trade deficit of about 1.78 billion U.S. dollars; the amount ballooned to over 5.41 billion dollars in 2022. This is a consequence of the country’s need to import large amounts of petroleum and other industrial oils to support its development. In contrast, the local resources that form the largest part of its exports are agricultural commodities.

In 2021, the import and export value of the agriculture and food sector in Tunisia corresponded to approximately 7.8 billion and 5.1 billion Tunisian dinars (around 2.7 billion and 1.8 billion U.S. dollars), respectively. Since 2018, the country's agriculture and food industry has had a trade deficit, with the value of imports exceeding that of exports each year. The reliance on food imports contributes to increasing the levels of food insecurity in the country.

In April 2023, the trade balance of agricultural tractors reached at *** million U.S. dollars. This value amounted to roughly *** billion dollars in the previous year, while it was recorded at only *** million dollars in 2015.