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Economic Reports Trade Balance

  • *China May trade data stronger than forecast, picks up from April. *Trade surplus $40.81 bln; surplus with U.S. highest since Nov. BEIJING, June 8- China reported stronger-than-anticipated exports and imports for May despite falling commodity prices, suggesting the economy is holding up better than expected despite rising lending rates and a cooling property...

  • *China May trade data stronger than forecast. *May trade surplus $40.81 bln. BEIJING, June 8- China reported stronger-than-anticipated exports and imports for May despite falling commodity prices, suggesting the economy is holding up better than expected despite rising lending rates and a cooling property market.

  • BEIJING, June 8- China had a $22.0 billion trade surplus with the United States in May, up slightly from $21.34 billion in April, customs data showed on Thursday.

  • June 8- China's exports denominated in yuan rose 15.5 percent in May from a year earlier, the General Administration of Customs said on Thursday. *Yuan-denominated imports rose 22.1 percent year-on-year in May. *That produced a trade balance of +281.60 billion yuan in May.

  • BEIJING, June 8- China's May exports rose 8.7 percent from a year earlier, while imports expanded 14.8 percent, both beating analysts' expectations, official data showed on Thursday. That left the country with a trade surplus of $40.81 billion for the month, the General Administration of Customs said. Analysts were expecting China's trade surplus to have widened...

  • Australia's April trade balance came in at a surplus of A$555 million, narrower than seen

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  • RASTATT, Germany, June 2- German car and truck manufacturer Daimler said its plans to expand manufacturing at a plant in Alabama predates U.S. He used Twitter this week to attack Germany partly for its trade policies, flagging the United States' "massive trade deficit with Germany." Last year, around 545,000 cars were shipped from Germany to the United States, German...

  • TORONTO, June 2- The Canadian dollar was little changed against its broadly weaker U.S. counterpart on Friday, recovering from an earlier two-week low as data showing a rise in Canada's exports offset the impact of slumping oil prices. Prices of oil, one of Canada's major exports, fell to a three-week low on worries that U.S. Canada's trade deficit in April narrowed...

  • Statistics Canada said on Friday that the April trade deficit narrowed to C $370 million as exports outpaced imports for a second straight month on shipments of motor vehicles and parts. After struggling for years to adjust to sharply lower prices of crude oil, Canada's economy appears finally to be on a sustainable path to recovery. "The Bank of Canada has been...

  • OTTAWA, June 2- Canada's trade deficit in April narrowed to C $370 million as exports outpaced imports for a second month in a row to hit a new record high on shipments of motor vehicles and parts, Statistics Canada said on Friday. Exports to the United States, which accounted for 75.7 percent of all Canadian exports in April, soared by 5.4 percent while imports grew...

  • BERLIN, June 1- The euro exchange rate is too low for the German economy's competitiveness and Germany's trade surplus would be only half as large without the European Central Bank's loose monetary policy, the German Finance Minister said on Thursday. "Moreover, our current account surplus, which is really the source of the international debate, has to do with an...

  • BERLIN, May 31- Germany's DIHK Chambers of Commerce on Wednesday raised its forecast for exports to the United States for 2017 despite widespread concerns about protectionism since Donald Trump became president. Trump has repeatedly criticised Germany's large trade surplus and on Tuesday he tweeted that Germany's trade and spending policies were "very...

  • BEIJING, May 31- China's trade deficit in services narrowed to $18.3 billion in April from $22.1 billion in March, the foreign exchange regulator said on Wednesday.

  • German Chancellor Angela Merkel and U.S. President Donald Trump arrive for a group photo at a G7 summit on May 26, 2017 in Taormina, Italy.

    The president's angry tweets about Germany's "unfair" trade practices could leave the U.S. as the odd man out in the global economy.

  • FRANKFURT, May 30- Daimler's Mercedes-Benz "sees value" in having more suppliers in the U.S. state of Alabama, where it has a factory in Tuscaloosa, the group said on Tuesday. President Donald Trump took to Twitter to attack Germany partly for its trade policies, flagging the United States' "massive trade deficit with Germany." Both Daimler's Mercedes-Benz and BMW...

  • FRANKFURT, May 30- Daimler's Mercedes-Benz "sees value" in having more suppliers in the U.S. state of Alabama, where it has a factory in Tuscaloosa, the group said on Tuesday. President Donald Trump took to Twitter to attack Germany partly for its trade policies, flagging the United States' "massive trade deficit with Germany." Both Daimler's Mercedes-Benz and BMW...

  • *Canadian dollar at C $1.3490, or 74.13 U.S. cents. Prices of oil, one of Canada's major exports, were pressured may not be enough to drain a global glut that has depressed the market for almost three years. Canada's current account deficit widened more than expected in the first quarter of the year on an increase in imports of both good and services, data from...