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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.

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World Merchandise Exports and Imports

In 2014, China kept its position as the world’s largest exporter of goods for the sixth consecutive year. China's share of world exports has exceeded 12.3% - is a new record in history. United States, being the second largest merchandise exporter in terms of gross value, is the largest importer also. Net imports of goods in the US is the largest in the world in nominal terms. In 2014 net imports of goods in US was $787 bln, $610 bln more than the second-largest world’s merchandise net importer – United Kingdom. The third world’s country by the amount of net imports is India (143 billion dollars as of 2014). Japan, which was on the top of...

Trade Policy Review Body - Guatemala

The WTO General Council meets as the Trade Policy Review Body to undertake trade policy reviews of Members under the TPRM and to consider the Director-General's regular reports on trade policy developement. The TPRB is thus open to all WTO Members. The current chair is Ms. Irene B. K. YOUNG (Hong Kong, China).   Event Holder: World Trade Organization Source of data: Merchandise trade matrix, imports and exports of total all products, annual, 1995-2014, WTO statistical data sets, 1948-2014