Who is world leading in trade?

Who is the world leader in trade

The United States is the world's 2nd-largest trading nation, behind only China, with over $7.0 trillion in exports and imports of goods and services in 2022. The U.S. has trade relations with more than 200 countries, territories, and regional associations around the globe.

Who are the worlds largest trades

China and the United States were the largest trading nations in 2021. According to UNCTAD estimates, with regard to imports the United States was ahead of China with goods and services worth US$ 3,402 billion and a world market share of 13% being traded.

Which countries dominate world trade

For most economies in the world, their leading export and import trading partner in terms of value is either the European Union or China, and to a certain degree, the United States and Russia.

Who is the largest trading partner

Who Does the U.S. Trade Most With In 2021, U.S trade of goods amounted to nearly $4.6 trillion and Canada, Mexico, and China were America's largest trading partners.

Which country is no 1 in trade

As per the world import export data, China is the world's largest trading nation, with a total import-export value of $4.6 trillion in 2020. China is known for its large-scale manufacturing industries and exports a wide range of products, including electronics, machinery, textiles, and chemicals.

Who is Indonesia’s largest trading partner

China

Top Trade Partners

In 2021, the largest merchandise trade partner of Indonesia was China, representing 23.2% of its exports and 28.7% of its imports. 11.2% of Indonesia's exports and 5.8% of Indonesia's imports by value were traded with the United States, its second largest trade partner.

What is 90% of world trade

The main transport mode for global trade is ocean shipping: around 90% of traded goods are carried over the waves.

Who are the top 5 trading partners

List of the largest trading partners of the United States

Rank Country/District Total Trade
World 4,700.0
1 Canada 665.6
2 Mexico 661.2
3 China 655.4

Is China the top trader

China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan.

What countries does Vietnam trade with

Vietnam's trade with largest partners in 2022

Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).

How big is global trade

The value of world merchandise trade rose 12%to US$ 25.3 trillion in 2022, inflated in part by high global commodity prices. The value of world commercial services trade increased 15% in 2022 to US$ 6.8 trillion.

Is over 90% of world trade carried by sea

Maritime transport is the backbone of international trade and the global economy. Over 80% of the volume of international trade in goods is carried by sea, and the percentage is even higher for most developing countries.

Who is Asean top trading partner

China
List of the largest trading partners of the ASEAN

Rank Country/District Trade Balance
World 55.0
1 China −107.6
2 United States 145.9
3 European Union 35.7

Who are the top 4 trading partners

Largest trading partners with India

Rank Country Trade Balance
1 United States 24.57
2 China -77.12
3 United Arab Emirates -20.12
4 Saudi Arabia -28.93

Who is the No 1 trader in Asia

In this article, we explore these successful traders who hail from Asia and look at their inspiring trading successes.Rakesh Jhunjhunwala (India)Collin Seow (Singapore)Rayner Teo (Singapore)Dolly Khanna (India)Alex Yeo (Singapore)Arun Purdue (India)Radhakishan Damani (India)Raamdeo Agrawal (India)

Who is Vietnam’s top trading partner

China

Vietnam's trade with largest partners in 2022

Data from the General Department of Customs shows in 2022, China is Vietnam's largest trading partner with a total two-way trade turnover of 175.57 billion USD, followed by the US (123.86 billion USD), the Republic of Korea (86.38 billion USD) and Japan (47.61 billion USD).

What is the economy of Vietnam ranked

36

Worldwide gross domestic product in 2022 was at about 12,749 USD per capita. GDP in Vietnam, on the other hand, reached USD 4,194 per capita, or 408.80 billion USD for the whole country. Vietnam is therefore currently ranked 36 of the major economies. Inflation in Vietnam in 2022 was around 3.16%.

Who has the world largest trading economy

China has been the largest exporter of goods in the world since 2009.

Where is 90% of the world’s trade carried on

Ocean shipping

The main transport mode for global trade is ocean shipping: around 90% of traded goods are carried over the waves.

Which country has the most trading ships

China has retained 1st place this year in terms of number of vessels owned, with a total of 6,908 vessels and a current fleet value of USD 190.1 bn. China owns the largest Container fleet both in terms of vessels and values.

Who are the top 3 trading partners

China, Canada and Mexico are the country's largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals. U.K.

Which country has most successful traders

The Top Countries and Markets for Investors and Traders in 2020Singapore. The small city-state of Singapore came out on top of CEO World's 'Best Places to Do Business or Invest' rankings for 2020, after several years spent near the top of the league table.United Kingdom.Switzerland.Indonesia.The USA.

What is Vietnam trade rank

Overview In 2021, Vietnam was the number 39 economy in the world in terms of GDP (current US$), the number 18 in total exports, the number 19 in total imports, the number 119 economy in terms of GDP per capita (current US$) and the number 58 most complex economy according to the Economic Complexity Index (ECI) .

Is Vietnam a good trade partner

Economic and Trade Statistics

Vietnam is currently our 10th largest goods trading partner with $89.5 billion in total (two way) goods trade during 2020. Goods exports totaled $9.9 billion; goods imports totaled $79.6 billion.

Is Vietnam richer than Indonesia

Vietnam has a GDP per capita of $8,200 as of 2020, while in Indonesia, the GDP per capita is $11,400 as of 2020. Vietnam has a top tax rate of 35.0% as of 2016. In Indonesia, the top tax rate is 30.0% as of 2016. In Vietnam, 3.1% of adults are unemployed as of 2018.