By
Russia in Top Ten for Trade Surplus in 2023
https://ift.tt/uCLxbh5
https://ift.tt/uCLxbh5
Russia in Top Ten for Trade Surplus in 2023
Russia in Top Ten for Trade Surplus in 2023
Sputnik International
World Bank data shows 43 countries achieved a trade surplus last year with China topping the list, while 72 were in deficit, with the US ratching up the largest deficit of $1.1 trillion.
2024-07-13T10:43+0000
2024-07-13T10:43+0000
2024-07-13T10:43+0000
economy
russia
world bank
business
china
germany
trade
trade turnover
trade surplus
trade deficit
https://ift.tt/rX14EYg
Russia earned $121 billion in trade surplus last year, placing it seventh in the global ranking, according to World Bank data analyzed by Sputnik.Globally, countries exported a net total of $23.3 trillion worth of goods and imported $22.9 trillion, resulting in a trade surplus of $365 billion. In total, 43 countries achieved a trade surplus, with a combined amount of $2.5 trillion.China earned the most from trade, achieving a trade surplus of $594 billion. Next were Germany with a surplus of $245.3 billion and Ireland with net trade earnings of $178 billion, respectively. The top five also included Singapore ($155 billion) and Switzerland ($131 billion). Saudi Arabia ranked sixth with $127 billion.The Netherlands ($97 billion), Australia ($83 billion), and Brazil ($81 billion) rounded out the top ten. Conversely, 72 countries experienced trade deficits, collectively amounting to $2.3 trillion. The United States saw the largest deficit of $1.1 trillion, followed by India with $245 billion, the UK with $232 billion, France with $88 billion, and Turkiye with $87 billion.
https://ift.tt/4ZgjJSA
russia
china
germany
2024
News
en_EN
https://cdn1.img.sputnikglobe.com/img/07e8/07/0d/1119361981_75:0:1275:900_1920x0_80_0_0_f09079aa83847ee70876453ec206742f.jpgrussian economy, trade sulprus, russian economy under sanctions, world bank, what countries in trade sulprus?
russian economy, trade sulprus, russian economy under sanctions, world bank, what countries in trade sulprus?
Russia in Top Ten for Trade Surplus in 2023
World Bank data shows 43 countries achieved a trade surplus last year with China topping the list, while 72 were in deficit, with the US ratching up the largest deficit of $1.1 trillion.
Russia earned $121 billion in trade surplus last year, placing it seventh in the global ranking, according to World Bank data analyzed by Sputnik.
Globally, countries exported a net total of $23.3 trillion worth of goods and imported $22.9 trillion, resulting in a trade surplus of $365 billion.
In total, 43 countries achieved a trade surplus, with a combined amount of $2.5 trillion.
China earned the most from trade, achieving a trade surplus of $594 billion. Next were Germany with a surplus of $245.3 billion and Ireland with net trade earnings of $178 billion, respectively. The top five also included Singapore ($155 billion) and Switzerland ($131 billion). Saudi Arabia ranked sixth with $127 billion.
The Netherlands ($97 billion), Australia ($83 billion), and Brazil ($81 billion) rounded out the top ten.
Conversely, 72 countries experienced trade deficits, collectively amounting to $2.3 trillion.
The United States saw the largest deficit of $1.1 trillion, followed by India with $245 billion, the UK with $232 billion, France with $88 billion, and Turkiye with $87 billion.
news
via Sputnik News - World News, Breaking News & Top Storie https://ift.tt/IVmSLJ6
July 13, 2024 at 06:45AM
July 13, 2024 at 09:36AM
via Sputnik News - World News, Breaking News & Top Storie https://ift.tt/uCLxbh5