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What is the US import to export ratio?

Updated: 9/14/2023
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โˆ™ 13y ago

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The U.S. import and export ratio is a ratio of those respective values in relation to the U.S. gross domestic product (GDP) value. When the import value exceeds the export value, a trade deficit exists. When the export value exceeds the import value, a trade surplus exists. Currently, the U.S. has sizable trade deficits with China and Japan.

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