It’s that simple. The country’s GDP in 2015 stood at about $19.51 trillion. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. U.S. merchandise total exports to the world, by USITC digest sector, 2018–19 ..... 38 . The country spends more on imports than it makes in exports. Since 2009, the value of exports exceeds imports for Singapore's merchandise trade with Mainland China. The World Bank's World Integrated Trade Solution also provides their own list of top exporting countries.. 2019 … The growth of world merchandise trade volume estimated at a rate of 3% was weighed down by escalating trade disputes increasingly taking a toll on business confidence, and worsening financial market sentiment. Renato Ruggiero's speeches, Mike Moore's speeches You only have access to basic statistics. The following types of Thai product shipments represent positive net exports or a trade balance surplus. 70. Statista. It is 10th largest exporters in the world in terms of purchasing power parity while 9th largest economy in terms of nominal gross domestic product. Since its foundation in 1995, the World Trade Organization (WTO) has been recognized as the sole worldwide international organization regulating the rules of trade between countries. The world aggregation represents the sum of reporting and non reporting countries. Highlights. China’s agricultural sector has become increasingly more dependent on imports over the last decade, in particular oil-bearing crops such as soybeans. Please create an employee account to be able to mark statistics as favorites. Top Colombia Exports. Service Exports (2018): $3.07B, Rank 53 of 88. Since 2010, global imports from these top economic players have risen consistently at an average of no less than 22.3%. United Kingdom has sixth largest economy in the world. That dollar amount reflects a -4.1% year-over-year drop but a 13.9% increase since 2015. International trade in goods - Exports 2001-2019 Overview; Trade statistics; Tariffs and market requirements; Foreign direct investment data; Voluntary standards; Market analysis studies; Capacity building in market analysis; Upcoming events. Large economies are not always the fastest growing and most developed, as income ine… Between 2017 and 2018 the exports of Soybeans grew by 2.01%, from $58.1B to $59.2B. Share Details. Concepts and definitions Global trends and patterns In 2018, the surge in world merchandise trade recorded the previous year continued. Renato Ruggiero's speeches, Despite all this, Colombia still has a negative trade balance. 50.3% of its exports head to its Asian counterparts mainly Hong Kong, Japan, and South Korea. Table 1.3 . World Trade Organization, and World Bank GDP estimates. Trade growth could then rebound to 3.0% in 2020; however, this is dependent on an easing of trade tensions. Corporate solution including all features. License: CC BY-4.0 Line Bar Map. In 2019, the value of world merchandise trade declined by 2.8 per cent, after two consecutive years of increase. NET IMPORTERS . 1- United States, $2.61 trillion. Interestingly, the U.S. is also the largest exporter of two of the goods that it is a top importer … 1960 - 2019. In, WTO. Agriculture trade performance was a reflection of this global economic context. Select a trading partner and specific variables (e.g., country, province, state, year, month, or frequency) or search by commodity or Harmonized System code. Nicknamed the Great White North, Canada exported a total US$446.5 billion worth of products around the globe in 2019. World merchandise exports (Trillions of United States dollars) Note: The shaded area indicates UNCTAD nowcasts. The EU-28 is the world’s largest trader of services: in 2018, its exports of services were valued at EUR 919 billion and its imports at EUR 728 billion. However, India's ranking among top importers slipped by one notch to 13th in 2015, from 12th in previous year. About ITC; How ITC works; Areas of work; Geographic focus; … China is Australia’s biggest trade partner, while Japan and the United States are among the country’s top 5 partners for both exports and imports. View the high resolution version of today’s graphic by clicking here. EU-27 international trade in goods with the rest of the world (the sum of extra-EU exports and imports) was valued at EUR 4 067 billion in 2019 (see Figure 6). In contrast to merchandise trade, world commercial services trade increased in 2019, with exports in dollar terms rising by 2.0% to $6.03 trillion. Related news. The $18.74 trillion in total 2019 global exports translates to approximately $2,400 for every person on the planet. Trade Statistics. China exported goods worth $2.21 trillion across the world making it the largest exporting country. However, growth is nowcast to halt in 2019 with exports decreasing by 2.4 per cent. The latest figures also show the country is the 24th largest exporter and importer in the world, with a positive trade balance of $28.7 billion. Label. Driven by rising demand for imports globally, the current dollar value of world merchandise exports also grew by 4.7% in 2017–its most robust growth in six years, to reach $17.43 trillion. Total exports and imports from 1948 for the world, geographical regions and for about 200 economies. WTO economists expect merchandise trade volume growth to fall to 2.6% in 2019 — down from 3.0% in 2018. 1995-99. Imports. Despite this recovery, a year-on-year decrease of 11.9 per cent is nowcast for the third quarter of 2020. Financial service sector is the nex… Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. December 18, 2020 / Global Economic Briefing: Merchandise Trade www.yardeni.com Yardeni Research, Inc. World Exports 1-2 World Exports & Production 3-4 World Exports & Real Exports & Imports 5 World Exports & Industrial Production 6 World Exports & International Reserves 7 World Exports & Commodity Prices 8 World Exports: G7 vs ROW 9 G7 Exports 10 In the recent years, China’s economy has experienced tremendous growth. the World Trade Organization (WTO). Please do not hesitate to contact me. Update, Insights into the world's most important technology markets, Advertising & Media Outlook 60. License: CC BY-4.0 Line Bar Map. China, Hong Kong, Mexico, India, South Korea, and the United States are the fastest growing importers from the years 2010 to 2014. Exports billion € % World Rank. Total Starbucks locations globally 2003-2019, Market share of leading carbonated beverage companies worldwide, Revenue and financial key figures of Coca-Cola 2009-2019, Research expert covering retail & e-commerce in the UK & Europe, Profit from additional features with an Employee Account. This page is a presenting key statistics of Hong Kong external merchandise trade. China continues to hold the top position in the list. ", WTO, Leading merchandise importers worldwide in 2019, by importing nation (in billion U.S. dollars) Statista, https://www.statista.com/statistics/252129/value-of-the-leading-merchandise-importers-worldwide-by-importing-nation/ (last visited December 27, 2020), Leading merchandise importers worldwide in 2019, by importing nation, Value of the leading merchandise exporters worldwide 2019, by exporting nation, Share of the leading merchandise exporters worldwide, by exporting nation 2019, Leading global merchandise importers 2019, by importing nation, Share of the leading merchandise importers worldwide 2019, by importing nation, Total value of U.S. international trade 2000-2019, U.S. trade balance of goods and services 2000-2019, U.S. foreign trade - balance of trade goods and services by quarter 2010-2020, U.S. foreign trade - imports of trade goods and services by quarter 2010-2020, U.S. foreign trade - exports of trade goods and services by quarter 2010-2020, Total monthly imports and exports of goods of the U.S. 2017-2020, Total value of U.S. trade balance 2015-2019, by month, Leading 15 trade partners with the United States 2019, by country, Leading 15 countries share of U.S. total trade in goods 2019, Total value of U.S. trade in goods with Canada 2004-2019, Total value of U.S. trade in goods with Mexico 2004-2019, Total value of U.S. trade in goods with Japan 2000-2019, Total value of U.S. trade in goods with Germany 2000-2019, Texas' imports and exports of goods 2017-2020, Illinois' imports and exports of goods 2017-2020, New York's imports and exports of goods 2017-2020, Michigan's imports and exports of goods 2017-2020, New Jersey's imports and exports of goods 2017-2020, Import value of goods from China in Austria 2001-2019, Luxembourg: import value of goods from the European Union 2000-2018, Import value of goods from China in Spain 2000-2016, Import value of goods from China in Luxembourg 2002-2016, Import value of goods from China in France 2000-2016, Import value of goods from China in Belgium 2000-2016, Value of total merchandise imported from China into Finland 2002-2014, Spain: import value of goods from the European Union 2000-2016, France: import value of goods from the European Union 2000-2016, Slovenia: import value of goods from the European Union 2000-2019, Lithuania: import value of goods from the European Union 2000-2019, Value of total merchandise imported from the European Union into Finland 2000-2015, Import value of goods from the European Union to Belgium 2000-2019, Import value of goods from China in Slovenia 2001-2015, Import value of goods from China in Lithuania 2001-2016, Russian import value of goods from Ukraine 2007-2019, Sweden: export of goods to the European Union 2008-2018, European Union: personal and household goods export value 2000-2017, Iron and steel import value Taiwan 2012-2014, Import of goods to Singapore from South Korea 2009-2018, Leading merchandise importers worldwide in 2019, by importing nation (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Today, more and more of what has long been considered developing economies are seeing rapid commercial development within their own countries and on the international scene alike. Trade metrics that inspire global thinking. français, SEE ALSO: Share Details. Global trade in services, which accounts for about a quarter of world exports, has exhibited more resilience to rising trade tensions than has world trade in goods. This feature is limited to our corporate solutions. (July 31, 2020). IMPORT NEWS. At … 1995-99. a The 2019 U.S. trade balance is negative, showing a deficit of $617 billion. The main exports of this country is manufactured goods, sup, chemical, food, tobacco and beverages. b Retained imports are defined as imports less re-exports. Both imports and exports were higher in comparison with 2018, with the increase for imports (EUR 27 billion) smaller than that for exports … Leading merchandise importers worldwide in 2019, by importing nation (in billion U.S. dollars) [Graph]. In 2019, Hong Kong's Position in World Merchandise Trade in terms of. between the Czech and Slovak Republic. Merchandise Trade summary statistics data for World (All Countries) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Merchandise Trade summary statistics data for World (All Countries) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Nicknamed the Great White North, Canada exported a total US$446.5 billion worth of products around the globe in 2019. Share of the leading merchandise importers worldwide 2019, by importing nation Total value of international U.S. imports of goods and services 2000-2019 U.S. trade balance 2000-2019 40. In imports, the US topped the list. Data extracted in July 2019. 50. "Leading Merchandise Importers Worldwide in 2019, by Importing Nation (in Billion U.S. World trade developments, 2018-2019 16 General trends in world trade in 2018 18 World trade and GDP in early 2019 25 IV. Canada’s Top 10 Exports. billion € % World World 6 593 100.0 World 6 214 100.0 World 12 807 100.0 Global exports amounted to US$18.9 trillion. Top services; Communication; Computer; Financial; Other business ; Royalties/licenses; Transportation; Travel; SPOTLIGHT. "Leading merchandise importers worldwide in 2019, by importing nation (in billion U.S. World’s top 20 imports Overall, worldwide import purchases totaled US$18.998 trillion in 2019. 30. Every day, massive quantities of goods get traded … Albania (ALB) Exports, Imports, and Trade Partners. Global exports amounted to US$18.9 trillion. About Us; Companies; Trade Directory; Main Content. The WTO is the only international body dealing with the rules of trade between nations. Exports Per Capita (2018): $929, Rank 87 of 219. Thailand incurred an overall $5.4 billion trade surplus during 2019, reversing -$1.1 billion in red ink one year earlier. RECENT videos ITC corporate video ITC on YouTUBE. 10. MERCHANDISE TRADE PERFORMANCE WITH MAJOR TRADING PARTNERS, 2019. 10. Leading Exporters and Importers of Merchandise Trade in the World (2005) excluding intra-EU Trade DG TRADE The Major Importers The Major Exporters The Major Trader Partners Rank. Official estimates suggest its total exports reached $2.641 trillion in 2019. Due to continued growth in world trade since June, trade growth is still about 0.7% below the level at the end of 2019. We are providing information about actual overseas importers and exporters, having the largest databases in terms of both the number of countries included in its database. 80. U.S. merchandise trade with major trading partners and the world, 2019 (million dollars), Countries export surplus commodities from domestic production sector and import merchandise abundant in other nations. This is a list of countries by merchandise exports, based on UN COMTRADE and ITC statistics.. Including trade with these World trade monitor . Hong Kong re-exports are included. The United Kingdom has one of the largest economies in the world today. Are you interested in testing our corporate solutions? NEW DELHI: The volume of world merchandise trade, as measured by the average of exports and imports, grew 3% in 2018, just above the 2.9% increase in world GDP over the same period but “significantly lower” than the 4.6% growth recorded in 2017, the World Trade Organization said. It is yet to be seen how the trade war would affect the US economy. Econ Complexity (2018): -0.52, Rank 90 of 137. Source: United Nations Conference on Trade and Development, Merchandise trade matrix, exports and imports, annual, Download our latest AGRICULTURE data brief The Agriculture Data Brief spans land use, machinery, and fertilizers to agricultural production, trade, and forecasts, providing you with the latest data and insights developed using recognized data sources to support your analysis. Overview: In August 2020 Canada exported C$39.7B and imported C$46.7B, resulting in a negative trade balance of C$7.03B.Between August 2019 and August 2020 the exports of Canada have decreased by C$-5.38B (-11.9%) from C$45.1B to C$39.7B, while imports decreased by C$-5.07B (-9.79%) from C$51.8B to C$46.7B. This statistic shows the share of the leading merchandise importers worldwide in 2019, by importing nation. Tweet. In 2018, the EU-28 was the world’s largest exporter and importer of services. Please authenticate by going to "My account" → "Administration". Capital goods comprise the largest portions of both U.S. exports and imports. Accessed December 27, 2020. https://www.statista.com/statistics/252129/value-of-the-leading-merchandise-importers-worldwide-by-importing-nation/, WTO. II. 80 . The United States imports more than it exports. Coal briquettes top the exports list while refined petroleum is the most imported product. Albania. World top importers, fastest-growing markets, and markets that preferred Canadian canola in 2018 Canola 2018 quick facts (USD, billions) Total global imports $10.78 World’s largest exporter: Canada $4.45 World’s largest importer: Germany $2.52 Source: UNComtrade, accessed September 2019 China’s import values are from 2017 The following tables contain EU and Non-EU import and export data for September 2019 at chapter level. (billed annually). Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook United Kingdom is one the largest exporting countries in the world 2019. China - Imports and Exports - World - ALL COMMODITIES - Netweight (kg), Quantity and Value (US$) - 2002 - 2019. Leading 15 exporters and importers in world merchandise trade,2010_经济学_高等教育_教 … Due to rapid technological developments, communication services have seen immense growth over the last few years. Product Exports (2018): $2.66B, Rank 129 of 222. Latest trends in world trade 2017-2018 26 General trends and drivers of trade in 2017 28 World trade and output in early 2018 37 The ranking below is based on international trade data from the World Trade Organization for the year 2018. In light of COVID-19, quarter two of 2020 saw a precipitous decline, before being nowcast to rebound somewhat in quarter three. Merchandise exports. In 2019, the value of world merchandise trade declined by 2.8 per cent, after two consecutive years of increase. Highlights of world trade in 2017 8 Merchandise trade 10 Trade in commercial services 14 Regional and economic groups 18 Digital trade 21 Global value chains 22 WTO membership 23 Global trade: World maps 24 III. In 2018, EU-28 extra-EU trade in services accounted for 29.7 % of the total value of trade in goods and services. Below, you will find the 20 products that generated the highest dollar value in import purchases during 2019. U.K’s gross domestic product is 22nd largest in the world both purchasing as well as power parity items. Download Page as PDF document-open. Label. NEW DELHI: The volume of world merchandise trade, as measured by the average of exports and imports, grew 3% in 2018, just above the 2.9% increase in world GDP over the same period but “significantly lower” than the 4.6% growth recorded in 2017, the World Trade Organization said. Dollars). Chart. In comparison, the value of imports exceeds exports … It has assisted over 150 of its member countries, enforcing agreements, resolving issues and helping exporters and importers conduct their businesses all over the world. Table 1.2 . Here we take a look at the top 10 largest importers in the world. Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) Export value index (2000 = 100) c Excluding trade among the former republics of the USSR and Exports rose by 9.7 per cent and reached a record high of US$19.5 trillion. The United States is the biggest importer for 12 of the 18 trade categories, including the largest ones: automobiles and refined petroleum. World Trade Organization. 70. As an addition to this report, a separate document (excel file) with detailed tables is provided for more information. dollars)." Merchandise trade statistics World (WLD) exports and imports, with partner countries including number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2018 In light of COVID-19, quarter two of 2020 saw a precipitous decline, before being nowcast to rebound somewhat in quarter three. 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