The 15 Biggest Losers in Global Trade
Commodity-busted Brazil, oil-sick Angola and 'land of sheep' New Zealand make the list
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Civil conflict, the plummeting price of oil and waning global demand for everything from coffee to milk have led a variety of countries to be on the losing end of the global trade game.
Among the 39 economies that are forecast in 2015 to post deficits in their current accounts — the broadest measure of trade in goods and services — are rich developed countries, such as the U.S. and New Zealand, and nations plagued by conflict, like Lebanon. At a projected shortfall of 13.9 percent of gross domestic product, the Middle Eastern country will post the worst deficit this year.