Economic Reports Trade Balance

  • US needs 'externally engaged Europe': Expert

    Former Deputy Treasury Secretary Robert Kimmitt, shares his thoughts on the aftermath of Breixt and its implications for the future of the global economy and U.S. relations with Europe.

  • BEIJING, June 27- China's trade deficit in services narrowed to $19.1 billion in May from $20.3 billion in April, the foreign exchange regulator said on Monday. May's deficit was largely due to a $16.5 billion gap in spending between Chinese who spent more abroad than foreign tourists in China, data from the State Administration of Foreign Exchange showed.

  • WELLINGTON, June 27- New Zealand posted a wider than expected trade surplus in May, with both exports and imports stronger than forecast. China remained New Zealand's leading export destination, with Statistics New Zealand saying exports to the country jumped 26.7 percent in May versus the same month a year ago. Shipments of leading exports milk powder, butter...

  • BRUSSELS, June 24- Britain is expected to submit an application to leave the European Union following Thursday's referendum, after which it would have two years to negotiate an exit. Below are possible consequences for Britain and the EU of a Brexit. The rest of the EU has a trade surplus in goods of about 100 billion euros with Britain, while Britain exports some 20...

  • BRUSSELS, June 24- Britain is expected to submit an application to leave the European Union following Thursday's referendum, after which it would have two years to negotiate an exit. Below are possible consequences for Britain and the EU of a Brexit. The rest of the EU has a trade surplus in goods of about 100 billion euros with Britain, while Britain exports some 20...

  • BRUSSELS, June 24- Britain is expected to submit an application to leave the European Union following Thursday's referendum, after which it would have two years to negotiate an exit. Below are possible consequences for Britain and the EU of a Brexit. The rest of the EU has a trade surplus in goods of about 100 billion euros with Britain, while Britain exports some 20...

  • BRUSSELS, June 24- Britain is expected to submit an application to leave the European Union following Thursday's referendum, after which it would have two years to negotiate an exit. Below are possible consequences for Britain and the EU of a Brexit. The rest of the EU has a trade surplus in goods of about 100 billion euros with Britain, while Britain exports some 20...

  • The vote is expected to deliver at least a short-term hit to growth in Britain and might push it into recession. It could prompt the Bank of England to cut interest rates to zero and test the willingness of creditors to keep on funding Britain's current account deficit. Further ahead, the implications of the vote will depend on what kind of trading relationship...

  • What a Brexit means for US trade...

    Michael Froman, U.S. trade representative, explains why it is more beneficial for the U.S. if Britain remains in the European Union.

  • TOKYO, June 20- Japan's exports fell 11.3 percent in May from a year earlier, Ministry of Finance data showed on Monday, as a strong yen and lackluster growth in emerging markets curb demand for Japanese goods. The trade balance came to a deficit of 40.7 billion yen, versus the median estimate for a 40.0 billion yen surplus. To view full tables, go to the website of the...

  • WASHINGTON, June 16- The U.S. current account deficit widened to a more than seven-year high in the first quarter as goods exports fell and investment from abroad declined. The Commerce Department said on Thursday the current account deficit, which measures the flow of goods, services and investments into and out of the country, increased 9.9 percent to $124.67...

  • German trade surplus hit a record in April

    Carl Weinberg, chief economist and managing director at High Frequency Economics, discusses the trade data and Germany's economy.

  • *Hungary's trade surplus supports forint despite CPI. BUDAPEST/ WARSAW, June 8- The kuna fell to a 2-1/ 2 month low against the euro on Wednesday, in contrast to other Central European currencies, after the Croatian government's coalition moved to the brink of collapse. The biggest party in Croatia's ruling coalition filed a no-confidence motion against Prime...

  • *Hungary's trade surplus supports forint. BUDAPEST/ WARSAW, June 8- The kuna fell to a 2-1/ 2 month low against the euro on Wednesday, in contrast to other Central European currencies, after the Croatian government's coalition moved to the brink of collapse. Polish zloty and Hungarian forint cling to multi-week highs while Hungary's government bond yield curve...

  • Beijing, June 8- China's May exports fell by a more-than-expected 4.1 percent from a year earlier, while imports slipped by 0.4 percent, much less than expected. That left the country with a trade surplus of $49.98 billion for the month, the General Administration of Customs said on Wednesday. Analysts polled by Reuters had expected exports to fall by 3.6 percent,...

  • Shipping containers sit stacked at Port of Dalian, China.

    May's soggy Chinese trade data offered the latest sign that the world's second-largest economy was still a long way off from full health.

  • Trump risking international trade war: Expert

    Gregory Mankiw, Harvard economics professor, explains why Donald Trump's economic policies could put the economy in jeopardy.

  • OTTAWA, June 3- Canada ran a near-record trade deficit of C $2.94 billion in April as the economy continued to struggle with weak crude oil prices that have slashed the value of exports and curbed growth. Exports to the United States, which accounted for 74.8 percent of Canada's global total in April, rose 2.3 percent while imports advanced by 3.0 percent.

  • WASHINGTON, June 3- The U.S. trade deficit increased less than expected in April as exports of goods rebounded strongly, suggesting that trade would be a boost to economic growth in the second quarter. The Commerce Department said on Friday the trade gap rose 5.3 percent to $37.4 billion. March's trade deficit was revised down to $35.5 billion, which was the...

  • OTTAWA, June 3- Canada's trade deficit in April narrowed to C $2.94 billion from a record C $3.18 billion in March as exports grew at a slightly faster rate than imports, Statistics Canada said on Friday. Exports to the United States, which accounted for 74.8 percent of Canada's global total, rose by 2.3 percent while imports advanced by 3.0 percent.