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)
Direction of Trade Statistics (DOTS) | Import By Partner Country | Export By Partner Country
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Recent analysis from the IMF cites increasing uncertainty caused by trade tensions as a primary driver of sluggish global growth, a trend which moved the IMF to issue a downward revision to its global GDP growth forecast in the July edition of the World Economic Outlook. According to IMF estimates, the escalation of trade uncertainty observed this year could consume around 0.75 percentage points of global growth in 2019. To track trade tensions globally, the IMF and Stanford University teamed up to develop the World Trade Uncertainty Index (WTU).* This index measures trade...
Ask any American soybean farmer about current market conditions and US-China trade frictions will bubble up in the conversation. After the late June meeting between presidents Xi Jinping and Donald Trump in Osaka, Trump assured American farmers that trade talks would resume and that China would buy a tremendous amount of food and agricultural products very soon. Yet, in the month since, no significant purchases have been announced and no information is publicly available on large purchases in the offing, especially now, as the trade-war escalated again with the new 10-percent...
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