Top 15 Countries with the Largest Trade Deficit and their Deficit Decomposition (1962-2018)

Top 15 countries with the largest trade deficit from 1962 to 2018 based on deficit value in millions USD and their deficit decomposition by commodity. A trade deficit is an amount by which the value of imports exceeds the value of exports. A trade surplus is an amount by which the value of exports exceeds the value of imports. The total deficit of a country is the sum of the deficits in the commodities, for which the value of imports exceeds the value of exports, minus the sum of surpluses in the commodities, for which the value of exports exceeds the value of imports.

Reference: Comtrade

#Comtrade #deficit #trade

[memorabiliatemporarium]

> USA
> 1T in deficit
How is this even possible, without destroying the entirety of the country's economy?

It has to be the lacking data on services, right?

[juandavila]

Just because it's my country I'd like to say that Spain has a large trade deficit, but a surplus on the BoP due to the large tourism sector

[derdallinger]

The data is quite interesting but the music is just awesome. Can you give us the source for it?

[Bpblayney]

Make a version with services included pls!

[cinquain]

Wow, when the video first started, U.S wasn't even in the list

[googleistdoof]

UK: Clearly our problem is the EU. Let's Brexit!