Russia exported US$422.8 billion worth of goods around the globe in 2019. That dollar amount reflects 22.9% increase since 2015 but a -5.9% drop from 2018 to 2019. In addition, that dollar figure represents roughly 2.2% of overall global exports estimated at $19.285 trillion for one year earlier in 2018. Officially named the Russian Federation, Russia is the world’s largest … [Read more...] about Russia’s Top Trading Partners
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China’s Top Trading Partners
The world’s largest exporter by value, China exported US$2.499 trillion worth of goods around the globe in 2019. That dollar amount reflects a 9.9% gain since 2015 and a modest 0.2% increase from 2018 to 2019. That dollar amount also represents 13% of overall global exports for 2018 (calculated as $19.285 trillion by the International Trade Center). Applying a continental … [Read more...] about China’s Top Trading Partners
Top United States Trade Balances
The overall US trade balance for all products totaled -US$923.2 billion in red ink for 2019. That trade deficit reflects a -2.4% reduction from the -$946.4 billion negative score for 2018 but a 16.9% expansion from -$789.7 billion in 2012. Refined petroleum oils, petroleum gases, soya beans, coal and corn are counterbalancing drivers behind the highest positive trade balances … [Read more...] about Top United States Trade Balances
Gold Imports by Country
Worldwide purchases of imported gold totaled an estimated US$306.2 billion in 2019. The overall value of gold imports rose by an average 21.7% for all importing countries since 2015 when gold purchases were valued at $251.7 billion. Year over year, gold imports increased by 0.1% from 2018 to 2019. From a continental perspective, European countries bought the highest dollar … [Read more...] about Gold Imports by Country
UK’s Major EU Exports
The United Kingdom exported US$215.4 billion worth of goods to nations that are European Union members during 2019 or 46% of UK’s global exports total of $468.3 billion. The EU subtotal reflects an 2.8% increase in UK-to-EU international sales from 2017 to 2019 but a -5.4% reduction from $227.7 billion in 2018. In comparison, overall UK exports to all trade partners worldwide … [Read more...] about UK’s Major EU Exports