March 2019 Trade Data Report

The nation’s international trade deficit in goods and services increased to $50.0 billion in March from $49.3 billion in February (revised), as imports increased more than exports.

March 2019: 50.0° $ billion
February 2019 (r): 49.3° $ billion

February 2019 Trade Deficit Report

The nation’s international trade deficit in goods and services decreased to $49.4 billion in February from $51.1 billion in January (revised), as exports increased more than imports.

February 2019: 49.4° $ billion
January 2019 (r): 51.1° $ billion

British consul: post-Brexit trade deals could bolster North Carolina economy

The United Kingdom is an important trading partner for North Carolina, so the ultimate nature of the U.K.’s exit from the European Union could have consequences for the state.

That was one point that Andrew Terrell emphasized in a talk he gave Monday to a roomful of business, education and local government leaders in Wilmington City Council Chambers at City Hall. Terrell, the new U.K. Consul for Government & Prosperity and head of the new U.K. Government Office in Raleigh, made his presentation under the auspices of Wilmington’s Foreign Trade Promotion Council (FTPC).

December 2018 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $59.8 billion in December from $50.3 billion in November (revised), as exports decreased and imports increased.

December 2018: 59.8° $ billion
November 2018 (r): 50.3° $ billion

October 2018 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $55.5 billion in October from $54.6 billion in September (revised), as exports decreased and imports increased.

October 2018: 55.5° $ billion
September 2018 (r): 54.6° $ billion

September 2018 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $54.0 billion in September from $53.3 billion in August (revised), as imports increased more than exports.

September 2018: 54.0° $ billion
August 2018 (r): 53.3° $ billion

More port projects on the way to support future growth

N.C. Ports’ container business has grown 61 percent, year over year to date, according to Paul Cozza, executive director of N.C. Ports.

To keep up with that growth, Cozza said port officials are looking into additional projects, including deepening the Cape Fear River and upgrading its container yard. The projects were part of the updates Cozza shared at a luncheon Friday hosted by the N.C. Foreign Trade Promotion Council.

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FTPC Adds RSM’s Charles Craft to Board

PRESS RELEASE — April 5, 2018 The Foreign Trade Promotion Council (FTPC) announced today that H. Charles Craft III, a partner with RSM US LLP(http://rsmus.com/) (“RSM”) is a new board member. RSM US LLP is the nation’s leading provider of audit, tax and consulting...

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2018 North Carolina Ag Export Seminar

Are you a current agricultural exporter or interested in learning more about exporting? The 2018 NC Ag Export Seminar is your opportunity to network with industry professionals experienced in trade finance, logistics, documentation, international market research and...

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Export Decline Drives Up Monthly Trade Deficit

March 13, 2018 Sandler, Travis & Rosenberg Trade Report The U.S. trade deficit in goods and services increased 6.6 percent in January to $56.6 billion, the largest monthly shortfall in nearly a decade, according to trade statistics released by the Department of...

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4 things to know about ILM’s trade zone

As of September, 150 acres of land at the Wilmington International Airport is part of an expanded foreign trade zone, adding to the Port of Wilmington. The region will also benefit from this expansion, as magnet sites, like the airport, have the ability to expedite...

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Wilmington – Trading With The World

Wilmington has positioned itself to play a critical role in increasing the region’s global trade with the rest of the world. That was the sentiment at a recent foreign trade conference in the Port City on Oct. 12 organized by the Foreign Trade Promotion Council...

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