A few minutes ago the US balance of trade for products was published. In December, the US deficit fell from 79.8 billion Dollars last year to 68.3 billion Dollars. This is a noticeable progress, even if the total volume of the deficit is still catastrophically high! Why has this improvement occurred compared with the previous year? A glance at the US Census Bureau’s data sheet shows the reason. Exports are stuck in the same position. In December 2018 they were at 136 billion Dollars, and now in December 2019 at 136.9 billion Dollars. But the imports, they drop significantly from 215.8 to 205.3 billion Dollars. These are automotive parts, other industrial goods and consumer goods.
The eye of the observer with South German roots was not mistaken: turnover at the Port of Hamburg – Germany’s largest port – grew strongly in the first half of the year. Although he had […]
Today US statisticians have published the US trade balance for November. And it’s getting worse and worse. The deficit is 50.5 billion dollars in November alone, after -48.9 billion dollars in October (expected to be […]
It is no secret that trade between Germany and Great Britain would collapse noticeably in the wake of Brexit. But the extent to which the collapse since the British referendum three years ago has already […]