The USA’s $1.1 trillion deficit is four times larger than India’s trade deficit

Global trade deficits vary widely, with the United States standing out at $1.1 trillion, more than four times larger than India’s $245.5 billion deficit. The USA’s trade deficit alone exceeds the combined deficits of the remaining nine countries, underscoring its high import consumption. The UK follows closely behind India with a $233.1 billion deficit, highlighting a reliance on imports. Japan, Spain, Greece, and Romania maintain deficits below $50 billion in a list dominated by European economies.