2020年8月5日星期三

Trade situation in the United States and other countries

The latest data show that the U.S. trade deficit fell by $3.9 billion in May to $50.7 billion.
 Besides, what is the trade situation of China, Japan, Europe, Canada, Mexico and the United States —— the main trading partners of the United States?


On Wednesday, the Commerce Department released the latest June import and export data.
 Specifically, US exports in June amounted to $158.3 billion, an increase of $13.6 billion from May;
 In addition, US imports of $208.9 billion in June were $9.5 billion more than in May

 Finally, in June, the United States had a trade deficit of $50.7 billion, estimated at $50.2 billion; the trade deficit ——$54.6 billion in May fell by $3.9 billion.

After seeing the overall trade situation in the United States, let's look at the situation of the main trading partners of the United States-China and Japan!
 First of all, let's look at the trade data between the United States and China!
 In June, China again became the largest deficit country in the United States, with a $26.7 billion trade deficit with China in June, down $1.2 billion from $27.9 billion in May, according to figures released by the Commerce Department.
 In addition, the data showed that the U.S. trade deficit with Japan fell by $1.4 billion in June, to $1.8 billion.
 In June, U.S. exports to Japan increased by $200 million to $4.9 billion, while imports fell by $1.3 billion to $6.6 billion.


After reading the trade situation between the United States and China and Japan, let's take a look at the trade situation between the United States and other countries!
 In addition, the data showed that the U.S. trade deficit with Singapore fell by $1.4 billion to $200 million in June. Exports increased by $300 million to $2.1 billion and imports by $1.1 billion to $2.2 billion.
 Certainly, Wang said Caijing also noted that in June, the deficit of the United States and "old neighbors "—— Mexico increased by $4.8 billion, eventually reaching $9 billion.
 According to specific import and export data, Mexico's exports to the United States increased by $4.8 billion to $15.5 billion in June and imports by $9.6 billion to $24.5 billion.
 Actually, Wang Ye said that finance also noticed, June, The largest trade deficit in the United States is China ($26.7 billion), the European Union ($13.1 billion), Mexico ($9 billion), Germany ($3.8 billion), Italy ($2.1 billion), South Korea ($1.9 billion), India ($1.7 billion), France ($1 billion), Saudi Arabia ($700 million), Singapore ($200 million) and Canada ($100 million).
 Of course, in June, the United States also had some surplus countries.
 Specifically, in June, the United States had a surplus of $1.8 billion for South and Central American countries, the United Kingdom ($1.3 billion), OPEC ($500 million) and Brazil ($400 million).

 Our plastic injection molding industry, the main customers are also from the United States. this year to now, we clearly feel the decline in orders, so the United States trade deficit reduction we can feel.

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