Balance of Trade Dashboard

Overview of major foreign investors and trade deficits by country.

CountryMajor Foreign InvestorsTrade Deficit
United StatesJapan, UK, Canada, Germany, China$-900B
ChinaHong Kong, Singapore, Japan, United States, Germany$+500B
JapanUnited States, China, Netherlands, UK, France$+150B
GermanyUnited States, UK, France, Netherlands, China$+200B
United KingdomUnited States, Netherlands, France, Germany, Japan$-200B
FranceUnited States, Germany, UK, Netherlands, Italy$-100B
IndiaUnited States, Mauritius, Singapore, Japan, UK$-250B
BrazilUnited States, Spain, Netherlands, Germany, China$-50B
CanadaUnited States, Netherlands, UK, Japan, Germany$-40B
NetherlandsUnited States, UK, Luxembourg, Germany, France$+70B
LuxembourgGermany, France, Belgium, Netherlands, United States$+10B

Insights into the Economics of Imports

Goods Imports

  • Goods imports are physical products purchased from abroad, such as machinery, vehicles, electronics, and raw materials.
  • They provide access to products not produced domestically or available at lower prices due to comparative advantage.
  • High goods imports can indicate strong domestic demand but may lead to trade deficits if not balanced by exports.
  • Over-reliance on imported goods can expose an economy to global supply chain disruptions and currency fluctuations.

Services Imports

  • Services imports include intangible products such as financial services, tourism, software, consulting, and education.
  • They enhance domestic productivity, provide specialized expertise, and support sectors like tourism and IT.
  • Service imports are increasingly important in advanced economies and can help offset goods trade deficits.

Economic Impacts

  • Imports increase consumer choice, lower costs, and drive innovation through competition.
  • Persistent trade deficits may lead to increased foreign debt or currency depreciation, but can also reflect investment inflows and economic openness.
  • Balancing imports with competitive exports is key to sustainable economic growth.

Insights into the Economics of Exports

Goods Exports

  • Goods exports are physical products sold to foreign countries, such as machinery, vehicles, agricultural products, and electronics.
  • Exporting goods allows domestic producers to access larger markets, achieve economies of scale, and increase revenues.
  • Strong goods exports can improve a country's trade balance, support job creation, and stimulate economic growth.
  • Dependence on a narrow range of export goods or markets can expose an economy to global price fluctuations and demand shocks.

Services Exports

  • Services exports include intangible products such as financial services, IT, tourism, education, and consulting provided to foreign clients.
  • They are a growing part of global trade, especially for advanced economies with strong knowledge and technology sectors.
  • Services exports can help diversify the economy, reduce reliance on goods exports, and generate high-value jobs.

Economic Impacts

  • Exports drive economic growth, support innovation, and enhance competitiveness in global markets.
  • Trade surpluses from strong exports can strengthen a country's currency and improve its financial position.
  • Diversifying export products and markets helps reduce vulnerability to external shocks and global downturns.

What do you think is the biggest cause of trade deficits? 🤔

You can see how people vote. Learn more

  • Overconsumption – When a country consumes more than it produces, it imports the difference, leading to a trade deficit.
  • Rising foreign debt – Borrowing from abroad can finance imports, increasing the trade deficit if not matched by exports.
  • Technological disparities – Countries lacking advanced technology may import more high-tech goods and services.
  • Natural disasters – Disasters can disrupt domestic production, increasing reliance on imports.
  • War & Revolutions – Conflict and instability can damage production and exports, while imports may remain necessary.
Poll results:
Overconsumption100%
Rising foreign debt0%
Technological disparities0%
Natural disasters0%
War - Revolutions0%