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U.S International Trade - Case Study Example

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There is no much variation in the services that are exported from the country over the two year period. There is a slight decrease in the import from the country for both…
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U.S International Trade
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U.S INTERNATIONAL TRADE al Affiliation International trade in goods and services Below re the values of goods and services in export and imports involved in international trade in United States (values in million dollars)
Period
2015
Exports
Imports
Total
Goods
Services
Total
Goods
Services
January
189,025
129,292
59,733
232,613
192,242
40,371
February
185,889
126,329
59,560
224,427
184,370
40,057
March
186,765
127,183
59,583
238,928
198,347
40,581
April
189,142
129,376
59,766
231,399
190,967
40,432
May
187,863
127,829
60,034
230,398
189,796
40,602
June
187,690
127,547
60,143
232,896
192,354
40,542
July
188,807
128,529
60,279
230,615
189,829
40,786
August
184,938
124,435
60,503
232,956
191,997
40,958
September
187,896
127,323
60,573
228,708
187,616
41,092
October
November
December
Period
2014
Exports
Imports
Total
Goods
Services
Total
Goods
Services
January
192,879
133,738
59,141
232,341
193,706
38,635
February
189,495
131,768
57,726
232,330
193,060
39,417
March
194,759
135,923
58,837
237,881
198,973
38,908
April
195,024
135,556
59,468
239,295
199,877
39,417
May
197,269
137,314
59,955
239,340
199,405
38,934
June
195,579
136,282
59,298
237,950
197,982
39,968
July
196,907
138,406
58,500
238,317
198,584
39,734
August
197,303
138,155
59,148
238,578
198,979
39,599
September
195,053
136,371
58,682
238,239
198,446
39,793
October
197,759
138,107
59,682
240,513
200,024
40,489
November
196,201
136,474
59,726
236,222
195,805
40,417
December
194,975
134,544
60,431
240,524
199,260
41,264
Trade balance for the years
From the data, there have been decreases in the value of goods that are produced for export in the country. There is no much variation in the services that are exported from the country over the two year period. There is a slight decrease in the import from the country for both goods and services.
Unites States top five traders 2014-2015
The five traders include China, Canada, Mexico, Japan, and Germany. The data below shows the list of exports and imports derived from www.census.gov.
Rank
Country
Exports
Imports
Total Trade
Percent of Total Trade
---
Total, All Countries
1,134.1
1,683.5
2,817.6
100.0%
---
Total, Top 15 Countries
803.4
1,295.8
2,099.2
74.5%
1
China
84.0
357.6
441.6
15.7%
2
Canada
212.9
225.1
438.1
15.5%
3
Mexico
177.6
219.8
397.4
14.1%
4
Japan
47.5
98.3
145.8
5.2%
5
Germany
37.1
91.9
129.0
4.6%
Source: www.census.gov
Reference
Kafchinski, J. (2015). US International Trade Data - Foreign Trade - US Census Bureau. Census.gov. Retrieved 13 November 2015, from http://www.census.gov/foreign-trade/data/index.html Read More
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