There has been much talk in the media about the widening, and ever increasing U.S. trade deficit with China. A Guardian article recently observed that the "gap between US imports from China and what it sold to the country rose to $273.1bn last year, the largest trade imbalance the US has ever recorded with a single country." Investopedia defines trade deficit as an "economic measure of a negative balance of trade in which a country's imports exceeds its exports. A trade deficit represents an outflow of domestic currency to foreign markets." To put it simply, a country buys more goods from a country than it sells to that particular country.
Using Tableau Public and data from the U.S. Census Bureau, the visualization below explores the U.S.-China trade imbalance from 1990 to 2010. You can interact with the data by hovering your mouse pointer over the charts, selecting and de-selecting the years and months in the table on the right, and by downloading the viz.
NOTE: All figures below are in millions of U.S. Dollars.
Using Tableau Public and data from the U.S. Census Bureau, the visualization below explores the U.S.-China trade imbalance from 1990 to 2010. You can interact with the data by hovering your mouse pointer over the charts, selecting and de-selecting the years and months in the table on the right, and by downloading the viz.
NOTE: All figures below are in millions of U.S. Dollars.
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