What does Wales, the Netherlands, Hong Kong, Brazil, Saudi Arabia, Belgium, and Australia have in common? According to the U.S. Department of Commerce (Bureau of Economic Analysis), these countries imported more from the U.S. than they exported in 2024. In other words, each country had a trade deficit with the U.S. last year. Data from the Welsh Government shows that trade with the U.S. totalled £6.4bn in 2024, comprising £4.2bn in imports and £2.2bn in exports to the country.
Insightful as usual, Ed.
Thanks Graeme!
What does Wales, the Netherlands, Hong Kong, Brazil, Saudi Arabia, Belgium, and Australia have in common? According to the U.S. Department of Commerce (Bureau of Economic Analysis), these countries imported more from the U.S. than they exported in 2024. In other words, each country had a trade deficit with the U.S. last year. Data from the Welsh Government shows that trade with the U.S. totalled £6.4bn in 2024, comprising £4.2bn in imports and £2.2bn in exports to the country.