UK annual trade gap hits record
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The UK's monthly trade deficit grows in December, as the nation also records a record annual trade gap.
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The trade deficit hit another record high in October, with imports outpacing exports by $55.46 billion. The 9 percent increase from September was higher than expected
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The U.S. trade deficit widened to $54 billion in August, the second-highest in a string of record monthly trade gaps that shows no sign of abating.
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The U.S. trade deficit narrowed in December but was still the second-highest monthly figure ever. And that lifted the deficit for 2004 to $617.7 billion -- an all-time high that shattered the previous record, set in 2003, by 24 percent.
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Britain's trade-in-goods deficit with the rest of the world stood at 7.4 billion pounds in November, unchanged from October, official data showed on Thursday.
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The US trade deficit has exploded 19% to a record $55.8bn as oil costs drove imports higher, according to a latest figures.
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Britain's trade in goods deficit fell to 4.6 billion pounds (6.58 billion euros, 8.61 billion dollars) in November from a downwardly revised 5.0 billion in October.
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The U.S. trade deficit jumped 6.5 percent to a record $763.6 billion last year as high oil prices and Americans' appetite for foreign-made goods outpaced strong exports.
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The United States hit a record deficit of $166.2 billion last quarter in trade and capital flows with the rest of the world.
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The US trade deficit hit a record high of $68bn in July, due to the rising cost of oil imports, official figures show.
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WASHINGTON -- The trade deficit jumped to the second-highest level in history as surging demand for foreign oil swamped a small gain in US exports, the government reported yesterday. America's trade gap with China hit a record high as retailers stocked up on cellphones, toys, and televisions in preparation for Christmas sales.
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The US trade gap unexpectedly narrowed in September to $51.6 billion as oil imports fell and exports of US goods and services rose to a record.
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The U.S. trade deficit hit a fifth straight annual record in 2006, driven by a record oil import bill and a flood of goods from China, a government report showed on Tuesday.
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America's trade deficit swelled to an all-time high of $55.5 billion in October as imports  --  including those from China  --  surged to the loftiest levels on record.
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WASHINGTON  - The US trade gap unexpectedly shot to a record 55.5 billion dollars in October as Americans sucked in more imports, particularly from China, and oil prices sizzled.
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China's trade surplus soared 48% in 2007 to a record high, figures show, as its export-led boom continued.
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The UK trade gap with the rest of the world shrank to Â£3.6bn in April, the Office for National Statistics says.