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Showing research about Trade Balance

20190521-singapore-asia

Singapore Sings a Sadder Song as Asian Exports Lower The Tone

The government of Singapore has cut its GDP forecast for 2019, citing a “risk of further escalation of trade conflicts”, particularly between the U.S. and China which have worsened recently. Singapore has already seen five straight months of falling exports, culminating in a 3.6% d... Read more →

20190520-first-cut-total

Downturn Predictions Defied as U.S. Imports Spring Up in April

U.S. seaborne imports grew 3.5% year over year in April – arguably the first normalized month following the lunar new year period and earlier tariff volatility. It may be the last for a while given the increase in tariffs on Chinese imports applied from May 10. Imports from China increas... Read more →

20190509-china-products-volvo

China’s Unpleasant Surprise Has Roots in Autos, Telecoms

China’s unexpected export decline of 2.7% year over year in April has been driven by several sectors. The autos industry has been particularly weak with a 22.8% drop in exports of cars in April, potentially due to a zeroing of shipments by Geely’s Volvo Cars to the U.S. The electro... Read more →

20190426-ifo-ifo

Sentiment Sinks to 2012 Lows in Germany as New U.S. Tariffs Loom

European export confidence fell again in April after the German IFO survey saw a drop to 1.1% of respondents expecting higher exports from 1.5% a month before. That was the worst result since Oct. 2012 and came despite a delay to Brexit. It may reflect worries about the forthcoming U.S. sectio... Read more →

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