Economic Reports Trade Balance

  • TORONTO, Sept 6- Smaller Canadian technology companies making products like robotics, drones and high-tech thermostats are proving to be some of the biggest winners as the country's recently struggling non-commodity export sector shows signs of revival. Data released on Friday showed Canada's trade deficit in July unexpectedly shrank on stronger...

  • OTTAWA, Sept 2- Canada's trade deficit in July unexpectedly shrank on stronger non-energy exports, a sector the Bank of Canada says is crucial to helping revive an economy hit by low oil prices. Statistics Canada said on Friday that the July deficit was C $2.49 billion, lower than the C $3.25 billion shortfall predicted by analysts in a Reuters poll and below the...

  • OTTAWA, Sept 2- Canada's trade deficit in July unexpectedly shrank to C $2.49 billion from a record C $3.97 billion in June as exports jumped by 3.4 percent and imports stagnated, Statistics Canada data indicated on Friday. Exports to the United States, which took 76.2 percent of all Canadian exports in July, rose by 3.3 percent while imports fell by 0.5 percent.

  • WASHINGTON, Sept 2- The U.S. trade deficit fell more than expected in July as exports rose to their highest level in 10 months, offering further evidence that economic growth picked up early in the third quarter. The Commerce Department said on Friday the trade gap narrowed 11.6 percent to $39.5 billion, declining after three straight months of increases.

  • BRASILIA, Sept 1- Brazil recorded a trade surplus of $4.140 billion in August, government data showed on Thursday, the biggest for that month in 10 years. The result was slightly below market expectations for a surplus of $4.2 billion, according to a Reuters poll. Exports totaled $16.989 billion and imports $12.849 billion.

  • SEOUL, Sept 1- South Korea's exports rebounded in August after falling for 19 straight months but the rise was largely expected to be temporary as the gain was due mainly to two extra working days. Exports in August rose 2.6 percent on-year to $40.13 billion while imports edged up 0.1 percent to $34.82 billion to result in a trade surplus of $5.30 billion,...

  • BEIJING, Aug 26- China's trade deficit in services widened to $22.5 billion in July from $19.4 billion in June, the foreign exchange regulator said on Friday. July's deficit was largely due to a $20.8 billion spending gap between the Chinese, who spend more abroad than foreign tourist in China, data from the State Administration of Foreign Exchange showed.

  • Addressing a rally in Tampa, Florida, Trump said that if he was elected in November, he would instruct the U.S. trade representative to bring cases against China both in the United States and at the World Trade Organization. Trump said on Wednesday that the trade deficit with China was more than $500 billion, although the figure given by the U.S. government put it at...

  • TOKYO, Aug 18- Japan's exports fell 14.0 percent in July from a year earlier, Ministry of Finance data showed on Thursday, as a rising yen eroded the value of overseas shipments. The trade balance came to a surplus of 513.5 billion yen, versus the median estimate for a 283.7 billion yen surplus. To view full tables, go to the website of the Ministry of Finance at:...

  • Trade wars ahead for US: Citi's Buiter

    Willem Buiter, Citigroup chief economist says both Hillary Clinton and Donald Trump's trade proposals are not good for trade and are dangerous to global economies. Also Buiter shares his thoughts on further Brexit in the EU, and central banks inserting "helicopter money" in the economy.

  • DAR ES SALAAM, Aug 9- Tanzania's current account deficit shrunk by 55 percent in the year to May, central bank data showed on Tuesday, as the country benefited from a jump in tourist arrivals and rising gold prices, and paid less for oil imports. Tanzania is Africa's fourth-largest gold producer and gold and tourism are its main sources of foreign income.

  • BERLIN, Aug 9- A rise in German imports outstripped a modest gain in exports in June, data showed on Tuesday, narrowing the trade surplus as Europe's largest economy ended the second quarter struggling to maintain its strong momentum from the start of the year. Soft industry orders and uncertainty generated by Britain's vote in June to leave the European Union...

  • BEIJING, Aug 8- China's July exports fell by a more than expected 4.4 percent from a year earlier, while imports fell 12.5 percent, also missing expectations, data showed on Monday. That left the country with a trade surplus of $52.31 billion for the month, the General Administration of Customs said. Analysts polled by Reuters had expected exports to fall 3.0...

  • BEIJING, Aug 8-* China's exports denominated in yuan rose 2.9 percent in July from the same period a year earlier, the General Administration of Customs said on Monday. *Yuan-denominated imports fell 5.7 percent. *That produced a trade surplus of 342.80 billion yuan.

  • Manuel Valls with Li Keqiang at the Great Hall of the People in Beijing on January 29, 2015.

    France is at the crux of a European Union-wide battle for business and finance from China.

  • OTTAWA, Aug 5- Canada's trade gap unexpectedly widened to a record deficit in June as imports of motor vehicles and parts jumped, while the increase in exports was lackluster, data from Statistics Canada showed on Friday. The C $3.63 billion deficit was greater than the C $2.82 billion that economists had expected. Canada's trade surplus with the United States,...

  • BRASILIA, Aug 1- Brazil recorded a trade surplus of $4.578 billion in July, government data showed on Monday, in the biggest surplus for that month in ten years.

  • Both candidates offer 'slim pickings' on policy: John Engler

    John Engler, Business Roundtable president, discusses which candidate offers the best platforms for business and makes the case for trade.

  • NEW YORK, July 28- The U.S. economy likely expanded at a 1.8 percent annualized rate in the second quarter following a report on June's advance goods trade balance, the Atlanta Federal Reserve's GDP Now forecast model showed on Thursday. The Atlanta Fed's outlook on second-quarter GDP had held above 2 percent since its initial reading of 1.8 percent on April 28.

  • BEIJING, July 27- China's trade deficit in services widened to $19.4 billion in June from $19.1 billion in May, the foreign exchange regulator said on Wednesday. June's deficit was largely due to a $17.8 billion gap in spending between Chinese, who spent more abroad than foreign tourists in China, data from the State Administration of Foreign Exchange showed.