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The World Map of the U.S. Trade Deficit

Published

8 years ago

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The World Map of the U.S. Trade Deficit

The World Map of the U.S. Trade Deficit

The United States has now run an annual trade deficit for 40 years in a row.

Last year was no exception, and in 2015 the U.S. had over $1.5 trillion in exports while importing $2.2 trillion of goods. The resulting trade deficit was -$735 billion.

Today’s map from HowMuch.net, a cost information site, helps put this most recent information into perspective. Keep in mind that a trade deficit also means an outflow of domestic currency to foreign markets, as the U.S. is spending more money abroad than it is bringing in.

Here’s where that currency went:
(largest negative trade balances)

  1. China: -$365.7 billion
  2. Germany: -$74.2 billion
  3. Japan: -$68.6 billion
  4. Mexico: -$58.4 billion
  5. Ireland: -$30.4 billion

China alone represents about 50% of the total trade deficit. In comparison, Europe only adds up to 23% of the overall negative balance.

The United States also has smaller, positive trade balances with some nations.

Here they are:

  1. Hong Kong: $30.5 billion
  2. Netherlands: $24.0 billion
  3. Belgium: $14.6 billion
  4. Australia: $14.2 billion
  5. Singapore: $10.4 billion

Even if the U.S. multiplied its largest positive trade balance (Hong Kong) by a factor of 12x, it would only just then be enough to even out the deficit with China.

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Visualized: Seaport Trade Traffic by Country

This infographic highlights the countries with the highest container traffic across their ports, thus dominating seaport trade in 2021.
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2 weeks ago

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September 6, 2023

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Seaport Trade 2021 Shareable

Visualized: Seaport Trade Traffic by Country

According to the World Bank, global seaport trade traffic reached 841 million TEUs (20-foot container equivalent units) in 2021.

In this infographic, Winifred Amase uses that data to highlight the countries with the highest seaport trade traffic.

China Leads All Seaport Trade Traffic

With a third of the world’s total seaport trade traffic surrounding its many ports, it’s no surprise to see China on top of the list.

In addition to owning seven of the world’s 10 busiest ports, the country also owns close to 100 ports across 63 other countries. This brought the country’s container traffic up to 263 million TEUs in 2021.

Country20-Foot Container Count (2021)
🇨🇳 China263M
🇺🇸 United States61M
🇸🇬 Singapore37M
🇰🇷 South Korea30M
🇲🇾 Malaysia28M
🇯🇵 Japan22M
🇮🇳 India20M
🇦🇪 United Arab Emirates19M
🇻🇳 Vietnam18M
🇭🇰 Hong Kong SAR, China18M

In second place is the United States, which saw container traffic of 61 million TEUs. Massive U.S. ports in Los Angeles and New York are some of the busiest ports on the continent.

Asian countries dominated the rest of the top 10 list, taking up seven of the remaining eight spots.

Singapore came in third with 37 million 20-foot container units passing through in 2021. The port handled 599 million tonnes of freight, making it the busiest single port in total shipping tonnage.

The ports in Dubai and Abu Dhabi make the United Arab Emirates a key player in Middle Eastern trade. With a container traffic of 19 million TEUs, the UAE is seventh on the list of nations with the highest seaport traffic in 2021.

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