Which country did the Caribbean and south America had the largest trade deficit?

Answer 1

As of recent reports, the Caribbean countries collectively had the largest trade deficit with the United States, primarily due to heavy imports of goods, including food, machinery, and fuel. In South America, countries like Brazil and Argentina have also experienced significant trade deficits, often linked to their reliance on imported goods and fluctuations in commodity prices. The trade dynamics can vary annually based on economic conditions, exchange rates, and global market trends.