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. Particularly, the ratio of trade growth to GDP growth finally returned to its historic average of 1.5, compared to the much lower 1.0 ratio recorded in the years following the 2008 financial crisis. (July 31, 2020). In light of COVID-19, quarter two of 2020 saw a precipitous decline, before being nowcast to rebound somewhat in quarter three. Data exclude trade with the former Republics of the USSR. WTO news The United States is the world’s single largest importer, accounting for 13.4% of global imports. Label. It is the 5th largest economy in the world and second largest in Europe just below Germany. However, growth is nowcast to halt in 2019 with exports decreasing by 2.4 per cent. China has been the largest exporter of goods in the world since 2009. World trade monitor . In 2018, the EU was the world’s largest exporter and importer of services. Product Exports (2018): $2.66B, Rank 129 of 222. Both imports and exports were higher in comparison with 2018, with the increase for imports (EUR 27 billion) smaller than that for exports … 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 Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. World’s top 20 imports Overall, worldwide import purchases totaled US$18.998 trillion in 2019. 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. Nicknamed the Great White North, Canada exported a total US$446.5 billion worth of products around the globe in 2019. ", 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. China exported goods worth $2.21 trillion across the world making it the largest exporting country. Russian merchandise trade value with EU-28 2007-2019 Monthly U.S. merchandise trade value with Russia 2014-2019 Leading trade partners of Russia in Africa in 2018, by trade volume Despite all this, Colombia still has a negative trade balance. Countries export surplus commodities from domestic production sector and import merchandise abundant in other nations. Below are the world’s top export countries that shipped the highest dollar value in exports during 2019. Share of the leading merchandise importers worldwide 2019, by importing nation Total value of international U.S. imports of goods and services 2000-2019 U.S. trade balance 2000-2019 License: CC BY-4.0 Line Bar Map. Please authenticate by going to "My account" → "Administration". It has assisted over 150 of its member countries, enforcing agreements, resolving issues and helping exporters and importers conduct their businesses all over the world. World Trade Organization, and World Bank GDP estimates. China - Imports and Exports - World - ALL COMMODITIES - Netweight (kg), Quantity and Value (US$) - 2002 - 2019. The $18.74 trillion in total 2019 global exports translates to approximately $2,400 for every person on the planet. 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. Exports billion € % World Rank. China has a free trade agreement with Honk Kong and exports heavily to the region. Since 2009, the value of exports exceeds imports for Singapore's merchandise trade with Mainland China. Over the last 20 years, global exports of computer and information services have expanded more rapidly than those of any other service sector, showing as much as 18% growth on average annually in the same time period. TOP NET EXPORTER. Accessed December 27, 2020. https://www.statista.com/statistics/252129/value-of-the-leading-merchandise-importers-worldwide-by-importing-nation/, WTO. 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. The following types of Thai product shipments represent positive net exports or a trade balance surplus. Global exports amounted to US$18.9 trillion. 30. China’s exports and imports fell sharply last month amid the US-China trade tensions. New, Everything you need to know about the industry development, Find studies from all around the internet. 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. Particularly, the telecommunication sector has shown resilience to trade turmoil and has reached estimated growth of USD 115 billion in 2014. c Excluding trade among the former republics of the USSR and 50. Service Exports (2018): $3.07B, Rank 53 of 88. 70. français, SEE ALSO: In, WTO. It’s that simple. The ranking below is based on international trade data from the World Trade Organization for the year 2018. Agriculture trade performance was a reflection of this global economic context. Related news. 20. IMPORT NEWS. Concepts and definitions Global trends and patterns In 2018, the surge in world merchandise trade recorded the previous year continued. While China’s explosive economic expansion has been a front-page financial story over the last few decades, China’s economy is not the only one worth noting. Data extracted in July 2019. Also shown is the change in the total value of exported products for each country from 2018 to 2019. facts. New, Figures and insights about the advertising and media world, Industry Outlook Top services; Communication; Computer; Financial; Other business ; Royalties/licenses; Transportation; Travel; SPOTLIGHT. Corporate solution including all features. Imports; Trade balances; SERVICES. 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. 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 billion € % World World 6 593 100.0 World 6 214 100.0 World 12 807 100.0 WTO economists expect merchandise trade volume growth to fall to 2.6% in 2019 — down from 3.0% in 2018. Trade growth could then rebound to 3.0% in 2020; however, this is dependent on an easing of trade tensions. Annual merchandise trade data are jointly produced with UNCTAD. License: CC BY-4.0 Line Bar Map. (billed annually). The United States is the biggest importer for 12 of the 18 trade categories, including the largest ones: automobiles and refined petroleum. Tweet . Between 2017 and 2018 the exports of Soybeans grew by 2.01%, from $58.1B to $59.2B. Germany exported goods to the value of 108.8 billion euros and imported goods to the value of 90.9 billion euros in February 2019. Top Export Countries. Mike Moore's speeches The 2019 U.S. trade balance is negative, showing a deficit of $617 billion. Download Page as PDF document-open. Since 2010, global imports from these top economic players have risen consistently at an average of no less than 22.3%. Canada’s Top 10 Exports. II. "Leading merchandise importers worldwide in 2019, by importing nation (in billion U.S. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. The United Kingdom has one of the largest economies in the world today. Then you can access your favorite statistics via the star in the header. 50.3% of its exports head to its Asian counterparts mainly Hong Kong, Japan, and South Korea. 0. 50. Table 1.3 . 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. Exports Per Capita (2018): $929, Rank 87 of 219. Despite this recovery, a year-on-year decrease of 11.9 per cent is nowcast for the third quarter of 2020. 70. United Kingdom has sixth largest economy in the world. the World Trade Organization (WTO). The country spends more on imports than it makes in exports. Interestingly, the U.S. is also the largest exporter of two of the goods that it is a top importer … GENEVA: India's rank remained unchanged at 19th in 2015 in the list of top 30 merchandise exporters of the world, according to a WTO report. Trade metrics that inspire global thinking. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 3.9% and imports by 5.1% in February 2019 year on year. Official estimates suggest its total exports reached $2.641 trillion in 2019. Product Imports (2018): $5.07B, Rank 131 of 221. 80. Nicknamed the Great White North, Canada exported a total US$446.5 billion worth of products around the globe in 2019. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Highlights. 1960 - 2019. In the recent years, China’s economy has experienced tremendous growth. 1995-99. a U.S. merchandise total exports to the world, by USITC digest sector, 2018–19 ..... 38 . Imp.+Exp. View the high resolution version of today’s graphic by clicking here. U.S. merchandise general imports from the world, by USITC digest sector, 2018–19..... 40 . U.S. merchandise trade with major trading partners and the world, 2019 (million dollars), The global trade industry has encouraged the emergence of top global players, who ship merchandise worth billions of dollars. NET IMPORTERS . The United States exports more services than it imports. pattern in merchandise with the rest of the world during the year 2019 compared to 2018. This statistic shows the value of the leading merchandise exporters worldwide in 2019, by exporting nation. The Canadian International Merchandise Trade (CIMT) online database offers detailed trade data using the Harmonized System (HS) classification of goods (based on the 6-digit commodity level). Renato Ruggiero's speeches, China, Hong Kong, Mexico, India, South Korea, and the United States are the fastest growing importers from the years 2010 to 2014. Imports billion € % World Rank. Dollars). MERCHANDISE TRADE PERFORMANCE WITH MAJOR TRADING PARTNERS, 2019. 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. 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). "Leading Merchandise Importers Worldwide in 2019, by Importing Nation (in Billion U.S. NET EXPORTERS. Key Importers and Exporters. Merchandise trade statistics data of top exporting countries in World including trade value, number of products exported, Partner share, and share in total products for year 2018 Renato Ruggiero's speeches, 2019 202 São Tomé and Príncipe: 147.9 2019 203 Micronesia: 128.7 2019 204 Palau: 110.7 2019 — Anguilla: 108.3 2019 — Sint Maarten: 104.9 2019 205 Kiribati: 104.9 2019 — Falkland Islands: 99.33 2019 206 Nauru: 96.77 2019 207 Tuvalu: 90.59 2019 — American Samoa: 74.41 2019 — French Southern and Antarctic Lands: 67.15 2019 — Exports rose by 9.7 per cent and reached a record high of US$19.5 trillion. This feature is limited to our corporate solutions. Select a trading partner and specific variables (e.g., country, province, state, year, month, or frequency) or search by commodity or Harmonized System code. Register in seconds and access exclusive features. To extract in WTO Data, select “International Trade Statistics” → “Merchandise trade values”, then select all annual datasets, click Apply, then on the CSV icon. The United States imports more than it exports. In comparison, the value of imports exceeds exports … RECENT videos ITC corporate video ITC on YouTUBE. In 2018, the EU-28 was the world’s largest exporter and importer of services. III. United Kingdom is one the largest exporting countries in the world 2019. China’s agricultural sector has become increasingly more dependent on imports over the last decade, in particular oil-bearing crops such as soybeans. Learn more about how Statista can support your business. 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. Several world leaders have been pushing for protectionist policies in recent years, which could hurt global trade. Label. 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. Trade Genius Global provides Export Import data on the value and quantity of merchandise exported and imported between various countries and its trading partners. This represents a growth of $23.4 billion compared to total imports of $1.59 trillion in 2013. Tweet. Large economies are not always the fastest growing and most developed, as income ine… Directly accessible data for 170 industries from 50 countries Imports. About ITC; How ITC works; Areas of work; Geographic focus; … press releases July 31, 2020. 80 . Econ Complexity (2018): -0.52, Rank 90 of 137. 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. Sitemap. Leading merchandise importers worldwide in 2019, by importing nation (in billion U.S. dollars) [Graph]. 40. This page is a presenting key statistics of Hong Kong external merchandise trade. 30. The main exports of this country is manufactured goods, sup, chemical, food, tobacco and beverages. Chart. TOP NET IMPORTER. Hong Kong re-exports are included. 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 Trade Statistics. In 2018, EU-28 extra-EU trade in services accounted for 29.7 % of the total value of trade in goods and services. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Colombia is the 55th largest exporter in the world. In 2015 exports from China to non-Asian countries by volume were to US (18%), Germany (3%), UK (2.6%), Nethe… World Trade Organization. World trade will continue to face strong headwinds in 2019 and 2020 after growing more slowly than expected in 2018 due to rising trade tensions and increased economic uncertainty. In 2016 the British economy has growing at a faster rate than the G7 registering a 0.6% growth despite the Brexit vote. In 2019, the value of world merchandise trade declined by 2.8 per cent, after two consecutive years of increase. Share Details. Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) Export value index (2000 = 100) World merchandise exports (Trillions of United States dollars) Note: The shaded area indicates UNCTAD nowcasts. This is a list of countries by merchandise exports, based on UN COMTRADE and ITC statistics.. The World Bank's World Integrated Trade Solution also provides their own list of top exporting countries.. 2019 … For the methodology, see UNCTAD Handbook of Statistics 2019, annex 6.3. 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. Exports. 10. 60. $59 per month* 0 . 10. World trade developments, 2018-2019 16 General trends in world trade in 2018 18 World trade and GDP in early 2019 25 IV. Total imports of $1.61 trillion make China the second-largest trade destination in the world. 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 China 2009-2019 Coal briquettes top the exports list while refined petroleum is the most imported product. 40. 60. 20. Imports Per Capita (2018): $1.77k, Rank 83 of 219. Share Details. Albania (ALB) Exports, Imports, and Trade Partners. However, India's ranking among top importers slipped by one notch to 13th in 2015, from 12th in previous year. Below, you will find the 20 products that generated the highest dollar value in import purchases during 2019. 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. Please create an employee account to be able to mark statistics as favorites. Exports; Imports; Total Trade; Hong Kong External Merchandise Trade. In this article, we look at popular Colombian goods exchanging hands across international borders – the highest valued Colombia exports and imports. That dollar amount reflects a -4.1% year-over-year drop but a 13.9% increase since 2015. The country’s GDP in 2015 stood at about $19.51 trillion. The world aggregation represents the sum of reporting and non reporting countries. Leading 15 exporters and importers in world merchandise trade,2010_经济学_高等教育_教育专区 239人阅读|8次下载. 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. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Total value of U.S. trade in goods worldwide 2004-2019, Total value of U.S. trade in goods with China 2009-2019, California's imports and exports of goods 2017-2020. 1995-99. In October 2020, world trade grew again by 0.7% compared to September 2020. In 2019, Hong Kong's Position in World Merchandise Trade in terms of. Due to rapid technological developments, communication services have seen immense growth over the last few years. Table 1 Top 10 Leading Exporters and Importers in World Merchandise Trade: 2000 (Billions of current U.S. dollars) Excel | CSV WTO. Financial service sector is the nex… dollars)." Profit from additional features by authenticating your Admin account. Including trade with these You only have access to basic statistics. 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. In 2019, Namibia overall trade (total of exports and imports) amounted to N$203,019 million, slightly lower (0.4%) than 2018 level of N$203,744 million. 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. At … 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 Global exports amounted to US$18.9 trillion. 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. About Us; Companies; Trade Directory; Main Content. Every day, massive quantities of goods get traded … License: CC BY-4.0 Line Bar Map. respectively. Are you interested in testing our corporate solutions? Here we take a look at the top 10 largest importers in the world. In imports, the US topped the list. Merchandise exports. According to Office for National Statistics (ONS) the country total exports is 56% and some of the products and services exported are machinery and tran… Due to continued growth in world trade since June, trade growth is still about 0.7% below the level at the end of 2019. 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 More events. The growth in October is, however, a lot lower than in September, when world trade increased by 2.7%. Leading 15 exporters and importers in world merchandise trade,2010_经济学_高等教育_教 … Thailand incurred an overall $5.4 billion trade surplus during 2019, reversing -$1.1 billion in red ink one year earlier. b Retained imports are defined as imports less re-exports.