imports

Business / 20 weeks ago
U.S. trade landscape in 2025: Mexico, China, and Canada lead as top trade partners
The United States recorded a total trade volume of $2.61 trillion in the first quarter of 2025. This total comprises $1.89 trillion in imports and $729.1 billion in exports, marking a 6% growth in imports and a 2% rise in exports compared to the same period in 2024. Mexico has officially surpassed the United States as its largest import partner, accounting for 15.2% of total imports, which translates to $509.98 billion. This milestone highlights the deepening of regional trade ties under the USMCA and Mexico’s increasing dominance in automotive and electronics manufacturing despite tariffs instituted by the Trump administration.

Business / 31 weeks ago
Global trade imbalance: Top 10 countries with the highest trade deficits in 2023
In 2023, the global economy saw an intensified shift in trade patterns, reflecting evolving consumer behavior, geopolitical tensions, and supply chain reconfigurations. At the forefront of this imbalance stood the United States, registering the world’s most significant trade deficit at $1.1 trillion, according to the latest figures available as of March 2025.

Culture / 31 weeks ago
U.S. wine demand soars, but Trump’s tariffs could disrupt global wine supply chain
The United States is still the world’s largest wine consumer, with an impressive 33.3 million hectolitres consumed annually. France follows with 24.4 million, and Italy ranks third at 21.8 million hectolitres. This reflects the lasting cultural and economic role that wine plays in traditional producers and newer markets.

Business / 40 weeks ago




