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Net trade in goods and services in current prices

(US dollars)

Germany is the top country by net trade in goods and services in the world. As of 2017, net trade in goods and services in Germany was 275,721 million US dollars that accounts for 57.88 % of the world's net trade in goods and services. The top 5 countries (others are China, Ireland, Netherlands, and Republic of Korea) account for 160.17 % of it. The world's total net trade in goods and services was estimated at 476,379 million US dollars in 2017.

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What is net trade in goods and services?

Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.