Posted in: U.S. can no longer sustain huge trade deficit with Japan: Ross See in context
Trade of USA (goods)
Export to China $116 billion Import from China $462 billion
Export-import cover ratio (import/export) 0.25
Export to Japan $63 billion Import from Japan $132 billion
Export-import cover ratio (import/export) 0.47
Export to Germany $49 billion Import from Germany $114 billion
Export-import cover ratio (import/export) 0.43
Export-import cover ratio for Germany is almost as same as Japan.
I don’t think Japan has peculiar problems about this matter.
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