While exports to the U.S. were down, trade to other countries was up. Canada sent 30.1 per cent more unwrought gold, silver and platinum group metals to other countries, including the United Kingdom, for example, and 13.3 per cent more meat products to Japan.

The trade deficit is the flip side of an investment magnet: A trade deficit sounds bad, but it is neither good nor bad. It doesn’t mean the U.S. is losing money.

The trade deficit has a relatively small effect on overall GDP. The numbers for 2024 were ---$29,184.9 = $19.825.3 + $5,272.9 + $4,989.7 – $903.1 (in billions)

India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports,

A trade deficit sounds bad, but it is neither good nor bad. It doesn’t mean the U.S. is losing money. It simply means foreigners are sending the U.S. more goods than the U.S. is sending them ...

What is missing from the debate is that there will be no, or at best, a small effect on the overall U.S. trade deficit. It will result in increased bargaining power against specific countries, ...

Canada’s goods-trade deficit with the world narrowed sharply in March to 506 million Canadian dollars, the equivalent of about $366 million, Statistics Canada said Tuesday.

Canada's trade deficit in May narrowed after a record-breaking deficit in April as total exports rose and imports fell even as the impact of U.S. tariffs dented shipments south of the border, data ...

The country’s agricultural import bill has been consistently larger than its earnings from farm exports. Last year, data from the Philippine Statistics Authority (PSA) showed that the Philippines’ total balance of trade in agricultural goods recorded a wider deficit at $11.