us last had a trade surplus in 1975.
us last had a trade surplus in 1975.
when did the us last have a trade surplus?
in 1975
in 1985, the u.s.had just begun a growing trade deficit with china. during the 1990s, u.s. trade deficit became a more excessive long-run trade deficit, mostly with asia. by 2012, the u.s. trade deficit, fiscal budget deficit, and federal debt increased to record or near record levels following accompanying decades of the implementation of broad unconditional or unilateral u.s. free trade policies and formal trade agreements.









































the us last had a trade surplus in 1975. however, recessions may cause short-run anomalies to rising trade deficits.
united states balance of trade
the account deficit has since decreased. in 2012, vietnam recorded a trade surplus of us$780 million, the first trade surplus since 1993. total trade reached us$228.13 billion, an increase of 12.1% from 2011. in 2013, vietnam recorded the second year of trade surplus of us$863 million. in 2014, vietnam recorded the third year of trade surplus of us$2.14 billion, the largest trade surplus ever in history. three years later, in 2017, it surpassed itself with a record of $2.92 billion.









































section::::trade.:foreign trade.:exports.
economy of vietnam