Chinese exports have grown rapidly, with a 48% increase in 2010 alone. In May 2010, exports totaled $131.76 billion USD. The US and Japan are China’s top trading partners, with electrical machinery and equipment being the main import and export category. Chinese exports have increased dramatically. It exports in six hours today what it did […]
Wichita, Kansas is the most export-oriented city in the US, with 28% of its gross metropolitan product sold abroad, mainly small planes and soybeans. The US exported over $1 trillion in 2009, with Canada, Mexico, and China as top markets, while imports were mostly from Canada and China, contributing to a $300 billion trade deficit […]
Invisible exports are intangible items leaving a country, such as balance of payments, foreign payments, licenses, and repatriation of earnings. Economists track these exports, which can involve services rather than goods, and can indicate a country’s strength. Examples include outsourcing and tourism. Invisible exports generally represent the intangible items leaving a country, which may or […]