Over the last thirty years, the ranking of world exporters has significantly changed. Until 2000 the leading positions had been occupied by Germany and the United States. In 2010 China outpaced them, and till now China has taken the first place with a significant advantage, whereas the United States and Germany take the second and the third places accordingly. As regards the import, till 2016 the United States has taken the first position in the number of imported goods. Germany also imports a lot of goods that allows it to take the leading position. By 2005 China had also increased the value of imports, and since 2010 has taken the second place in the rating of imports.
Exports Ranking shows the countries that take leading positions in the export of goods provided that the cost of transportation on board of airlines or cargoship is paid by the seller, that is called 'Freight on Board' or 'Free on Board"'(FOB).
Imports Ranking demonstrates the value of transported goods subject to the seller arranges for the carriage of goods to a place of destination, for this, there is a term 'Cost, Insurance and Freight'(CIF).
Access Data: IMF Direction of Trade Statistics (DOTS)
Trade Policy Reviews are an exercise, mandated in the WTO agreements, in which member countries' trade and related policies are examined and evaluated at regular intervals. Significant developments that may have an impact on the global trading system are also monitored. All WTO members are subject to review, with the frequency of review depending on the country's size. Event holder: World Trade Organization
50+ Years of Cuba's economic performance | Who trades with Cuba?
Constantly increasing globalization and integration of the world, often emphasized in the modern times, is carried out mostly through merchandise trade. Nowadays, wide variety of goods are involved in merchandise trade, but traditional ones, such as fuels, mining products, machinery and transport still remain most tradable. International trade of services, including transport, tourism and financial services, is also gaining momentum headed by the US as the world leader in exports and imports of services. The data on these and other indicators covering the framework of foreign trade is presented in the below datasets and visualizations. See...