America's Trade Buddies Top Ten U.S. Export & Import Partners

America's deficit in the year before "Operation Iraqi Freedom" invasion started on March 20, 2003 rose 64% to $767.5 billion in 2005 from $468.3 billion in 2002.

clipped from internationaltrade.suite101.com Telling statistics reveal which countries bought the most American exports & sold the most imports at the expense of Uncle Sam's deficit since the 2003 invasion of Iraq. Top 10 Countries Contributing to U.S. Trade Deficit China ... -$201.5 billion (up 95.4% from 2002) Japan ... -$82.5 billion (up 17.9%) Canada ... -$78.5 billion (up 62.9%) Germany ... -$50.6 billion (up 40.9%) Mexico ... -$49.7 billion (up 33.6%) Venezuela ... -$27.6 billion (up 157.9%) Malaysia ... -$23.2 billion (up 69.3%) Nigeria ... -$22.6 billion (up 361.2%) Saudi Arabia ... -$20.4 billion (up 142.9%) Italy ... -$19.5 billion (up 37.3%) Yet perhaps the most prevalent trend in international trade is globalization. Specifically, American companies like McDonald's, Starbucks, Wal-Mart and Microsoft are expanding into high-growth countries around the world in their quests to boost cash inflows into the pockets of American companies while U.S. jobs are outsourced to the host nations.