The Nominal US Trade
Balance for 2018 was -$879 billion. The US Exported $ 1.664 trillion and
Imported $2.543 trillion.
The US trade deficit
with Asia is $622 billion and the US trade deficit with Europe is $202 billion.
The US trade deficit with NAFTA was $201 billion with Mexico and $35 billion
with Canada.
The US is backing out
of China and building its energy export future. The long game is to increase US
production of oil and LNG to export, restore US manufacturing and resource extraction
and close the trade deficit by 2026.
The US encourages all
countries to provide jobs for their own citizens to produce the goods the
consume and insists on reciprocal lawful trade. The US is restoring
manufacturing jobs to produce goods for the US market. Foreign companies are
welcome to move their manufacturing operations to the US to produce goods
consumed by US citizens.
The US Trade Deficit
in Asia needs to be reduced and China’s theft of US intellectual property and
military build-up makes it necessary to remove or replace our technology
companies. The US
Trade deficits in Europe need to be renegotiated.
2018 Not Seasonally
Adjusted US Exports, Imports and Trade Balance are listed below by continent
and by country.
US Trade 2018 –
Export-Import-Balance
Asia $509.875B $1.132085T -$622.210B
China
$120.341B $539.503B -$419.162B
Japan
$74.967B $142.596B -$67.630B
Vietnam
$9.634B $49.212B -$39.528B
India
$33.120B $54.408B -21.287B
Thailand
$12.588B $31.900B -$19.312B
South
Korea $56.344B $74.291B -$14.946B
Indonesia
$8.266B $20.870B -$12.644B
Bangledesh
$2.110B $6.104B -$3.994B
Singapore
$33.141B $27.256B +$5.885B
The US
Trade Deficit with Europe was $202.4 billion in 2018 and also needs to be
lowered. US European Exports,
Imports and Trade Balance are listed below by country.
Europe $370.326B $572.727B -$202.401B *
EU
$318.619B $487.916 -$169.296B
Germany
$57.654B $125.904B -$68.250B
Ireland
$10.687B $57.469B -$46.782B
Italy
$23.153B $54.722B -$31.569B
Switzerland
$22.231B $41.139B -$18.910B *
France
$36.326B $52.522B -$16.196
Austria $3.569B
$13.493B -$9.924B
Sweden $4.483B
$11.407B -$6.924B
Denmark $2.559B
$8.898B -$6.340B
Finland $1.873B
$7.167B -$5.294B
Spain
$12.976B $14.242B -$4.266B
Slovakia
$0.290B $4.165B -$3.875B
Hungary
$1.752B $5.082B -$3.330B
Poland
$5.414B $8.043B -$2.630B
Portugal
$1.464B $3.885B -$2.422B
Czech
Republic $3.004B $5.004B -$2.001B
Romania
$1.108B $2.590B -$1.481B
Norway
$5.457B $6.743B -$1.286B *
Bulgaria
$370M $987M -$616M
Estonia
$0.347B $0.957B -$610M
Lithuania
$0.708B $1.308B -$600M
Greece
$1.048B $1.603B -$556M
Macedonia
$41M $353M -$312M *
Liechtenstein
$49M $304M -$255M *
Latvia
$0.510B $0.727B -$217M
Serbia
$166M $323M -157M *
Turkey
$10.194B $10.337B -$143M
Bosnia
$47M $103M -$56M
Moldovia
$13M $56M -$42M *
Netherlands
$49.391B $24.606B +24.785B
Belgium
$31.416B $17.193B +$14.223B
UK
$66.228B $60.812B +$5.416B
Ukraine
$2.465B $1.352B +$1.113B *
Iceland
$644M $431M +$214M *
Luxembourg
$1.026B $552M +$474M
Cyprus
$131M $67M +$64M
Kosovo
$19M $3M +$16M *
Canada
$298.728B $318.481B -$19.754B *
New
Zealand $4.067B $4.192N -$124M *
Australia
$25.307B $10.126B +$15.181B *
Russia
$6.668B $20.496B -$14.128B *
Note *
not in EU.
South America $163.782B $122.289B +$41.493B
US Trade is well
established on the American Continent.
Mexico
$265.010B $346.528B -$81.517B
Venezuela
$5.861B $13.170B -$7.309B
Nicaragua
$1.603B $3.587B -$1.984B
Ecuador
$5.760G $6.734B -$0.973B
Brazil
$36.494B $31.161B +$8.333B
Panama
$6.885B $0.462B +$6.423B
Argentina
$9.920B $4.861B +$5.058B
Chile
$15.340B $11.366B +$3.974B
Donimican
Republic $8.561B $5.309B +$3.252B
Bahamas
$3.092B $0.347B +$2.718B
Guatemala
$6.649B $4.209B +$2.240B
Jamaica
$2.721B $0.379B +$2.342B
Paraguay
$2.379B $0.131B +$2.248B
Peru
$9.634B $7.883B +$1.750B
Costa
Rica $6.346B $4.879B +$1.467B
Colombia
$14.996B $13.789B +$1.207B
Uruguay
$1.446B $509M +$937M
Cayman
Islands $949M $33M +$916M
El
Salvador $3.416B $2.509B +$907M
Honduras
$5.600B $4.703B +$897M
Bermuda
$609M $18M +$591M
Barbados
$590M $55M +$535M
Guadeloupe
$332M $3M +$328M
Cuba
$276M $13M +$275M
Belize
$403M $227M +$177M
Africa $25.956B $35.822B -$9.866B
Middle East
Iraq
$1.313B $11.872B -$10.559B
Saudi
Arabia $13.624B $24.090B -$10.466B
Israel
$13.715B $21.763B -$8.048B
Libya
$0.244B $1.404B -$1.160B
Pakistan
$2.929B $3.712B -$0.783B
Jordan
$1.607B $1.814B -$0.207B
UAE
$19.548B $5.007B +$14.541B
Qatar
$4.423B $1.571B +$2.852B
Egypt
$5.057B $2.482B +$2.575B
Lebanon
$1.317B $0.109B +$1.208B
Afghanistan
$1.234B $0.029B +$1.205B
Oman
$2.421B $1.281B +1.140B
Kuwait
$2.984B $2.088B +$896M
Iran
$441M $68M +$372M
Syria
$50M $5.9M +$44.7M
Norb Leahy, Dunwoody
GA Tea Party Leader
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