In 2012, the US exported $1.55 trillion worth of goods, but it also imported $2.28 trillion worth of goods. Simple math shows that that results in a large deficit: approximately $730 billion. In this post, I’ve mapped the balance of trade in goods for the US with each country in 2012. As you can see, there are both surpluses and deficits. Interestingly, taking the median of all the countries’ balances yields a value of $0.004 billion; if this were a normally distributed dataset with no outliers, the surpluses would just about cancel out the deficits…but it isn’t.

The deficit with China ($315.1 billion) alone is more than 150% of all the surpluses combined, and accounts for over 43% of the net global deficit.  On the map, I’ve labeled the top five deficits and surpluses. After China, the top deficits are Japan ($76.4 billion), Mexico ($61.6 billion), Germany ($59.9 billion), and Saudi Arabia ($37.7 billion). The top surpluses are Hong Kong ($32.0 billion), Australia ($21.7 billion), United Arab Emirates ($20.3 billion), Netherlands ($18.4 billion), and Belgium ($12.1 billion). Keep in mind these are total deficits and surpluses due to trade in goods only (not services) for the calendar year 2012. They are not cumulative based on previous years of trade!

Data source: http://www.census.gov/foreign-trade/balance/index.html

Posted on 30 October, 2013

65 notes

  1. tnardonecolloquium reblogged this from vizual-statistix
  2. serrano598 reblogged this from vizual-statistix
  3. coffeeandgunpowder reblogged this from vizual-statistix
  4. kunformig reblogged this from maptitude1
  5. theactofhistory reblogged this from maptitude1
  6. countrcultr reblogged this from maptitude1
  7. maptitude1 reblogged this from vizual-statistix and added:
    This map, from vizual-statistix, shows the United States’ balance of trade in goods with countries around the world in...
  8. dailybird1011 reblogged this from mapsontheweb
  9. teaologie reblogged this from bwansen
  10. bwansen reblogged this from elfboi
  11. ga2p reblogged this from mapsontheweb
  12. europetotheeast reblogged this from vizual-statistix
  13. femmeviva reblogged this from mapsontheweb
  14. libertado63 reblogged this from climate-changing
  15. elfboi reblogged this from climate-changing
  16. spatialisspecial reblogged this from climate-changing
  17. go-duhaswalhablog reblogged this from mapsontheweb
  18. pacificpivot reblogged this from climate-changing
  19. climate-changing reblogged this from mapsontheweb
  20. dillongr reblogged this from vizual-statistix
  21. herby-goes-green reblogged this from mapsontheweb