1992 trade surplus reaches record high

Article Abstract:

Japan's merchandise trade surplus rose to a record high of $107.06 billion in 1992, a 38% increase over 1991. The Dec 1992 Japanese trade surplus increased to $11.23 billion, a 12% increase over Dec 1991. Dec 1992 exports rose 4.3% over Dec 1991 levels, but imports rose only 0.3%.

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Trade gap expanded by 29% in 1992

Article Abstract:

The Dept of Commerce announced that the 1992 US balance of trade reached $84.34 billion, a 29% increase from 1991. The sudden rise reversed a downward trend that started in 1987. The Dec 1992 balance of trade fell to $6.95 billion from the $7.35 billion recorded in November.

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Trade gap reached six-year high in 1994

Article Abstract:

The Commerce Dept reported that the US trade deficit increased from $75.7 billion in 1993, to $108.1 billion in 1994, a 42% increase. Japan and China accounted for 57% of the merchandise trade gap in 1994. The US's robust economy caused a surge in demand for foreign goods.

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