100+ datasets found
  1. Leading import countries worldwide 2023

    • statista.com
    • ai-chatbox.pro
    Updated Oct 15, 2024
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    Statista (2024). Leading import countries worldwide 2023 [Dataset]. https://www.statista.com/statistics/268184/leading-import-countries-worldwide/
    Explore at:
    Dataset updated
    Oct 15, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    World
    Description

    The statistic shows a ranking of the top 20 import countries worldwide in 2023. In 2023, the U.S. was the leading import country in the world with an import value of about **** trillion U.S. dollars. Import and export worldwide Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports. If the balance is positive, i.e. if the value of exports is higher than that of imports, it is called a trade surplus. If it is negative and import values exceed export values, it represents a trade deficit. Worldwide trade is regulated by the World Trade Organization (WTO). It provides a framework for trade agreements and helps in resolving disputes. Since its foundation in 1995, more than 150 countries have become members of the WTO and obligated themselves to follow its regulations. The worldwide export volume in trade since 1950 has tripled, and a similar development can be observed in the worldwide import trade volume since 1950. Europe is leading the ranking regarding the value of worldwide export volume of trade by region, but the value of goods exported by Asia is almost up to par. Both continents are also the top destination regions of inter-regional trade worldwide. The United States, China, and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment, and machinery. The volume of commodities traded worldwide has increased dramatically over the past few years.

  2. Import/Export Trade Data in Asia

    • datarade.ai
    Updated Aug 29, 2020
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    Techsalerator (2020). Import/Export Trade Data in Asia [Dataset]. https://datarade.ai/data-products/import-export-trade-data-in-asia-techsalerator
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    .json, .csv, .xls, .sql, .txtAvailable download formats
    Dataset updated
    Aug 29, 2020
    Dataset provided by
    Techsalerator LLC
    Authors
    Techsalerator
    Area covered
    Syrian Arab Republic, Oman, Macao, Indonesia, Palestine, Sri Lanka, Timor-Leste, Yemen, Korea (Democratic People's Republic of), Afghanistan
    Description

    Techsalerator’s Import/Export Trade Data for Asia

    Techsalerator’s Import/Export Trade Data for Asia offers a comprehensive and detailed examination of trade activities across the Asian continent. This extensive dataset provides deep insights into import and export transactions involving companies across various sectors throughout Asia.

    Coverage Across All Asian Countries

    The dataset encompasses a broad range of countries within Asia, including:

    Central Asia:

    Kazakhstan Kyrgyzstan Tajikistan Turkmenistan Uzbekistan East Asia:

    China Hong Kong Japan Mongolia North Korea South Korea Taiwan Southeast Asia:

    Brunei Cambodia East Timor (Timor-Leste) Indonesia Laos Malaysia Myanmar (Burma) Philippines Singapore Thailand Vietnam South Asia:

    Afghanistan Bangladesh Bhutan India Maldives Nepal Pakistan Sri Lanka West Asia (Middle East):

    Armenia Azerbaijan Bahrain Cyprus Georgia Iran Iraq Israel Jordan Kuwait Lebanon Oman Palestine Qatar Saudi Arabia Syria Turkey United Arab Emirates Yemen Comprehensive Data Features

    Transaction Details: The dataset includes detailed information on individual trade transactions, such as product descriptions, quantities, values, and dates. This level of detail allows for accurate tracking and analysis of trade patterns across Asia.

    Company Information: It provides insights into the companies involved in trade, including their names, locations, and industry sectors. This information supports targeted market analysis and competitive intelligence.

    Categorization: Transactions are categorized by industry sectors, product types, and trade partners, helping users understand market dynamics and sector-specific trends across diverse Asian economies.

    Trade Trends: Historical data is available to analyze trade trends, identify emerging markets, and assess the impact of economic or geopolitical events on trade flows within the region.

    Geographical Insights: Users can explore regional trade flows and cross-border dynamics between Asian countries and their global trade partners, including major trading nations outside the continent.

    Regulatory and Compliance Data: Information on trade regulations, tariffs, and compliance requirements is included, assisting businesses in navigating the complex regulatory environments across different Asian countries.

    Applications and Benefits

    Market Research: Businesses can use the data to identify new market opportunities, assess competitive landscapes, and understand consumer demand across various Asian countries.

    Strategic Planning: Companies can leverage insights from the data to refine trade strategies, optimize supply chains, and manage risks associated with international trade in Asia.

    Economic Analysis: Analysts and policymakers can monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development initiatives.

    Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in Asia’s diverse and rapidly evolving markets.

    Techsalerator’s Import/Export Trade Data for Asia provides a vital resource for organizations involved in international trade, offering a detailed, reliable, and expansive view of trade activities across the Asian continent.

  3. G

    Merchandise imports and exports, customs basis, for all countries, by Broad...

    • open.canada.ca
    • www150.statcan.gc.ca
    csv, html, xml
    Updated Jan 17, 2023
    + more versions
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    Statistics Canada (2023). Merchandise imports and exports, customs basis, for all countries, by Broad Economic Categories and top sixty trading partners, inactive [Dataset]. https://open.canada.ca/data/en/dataset/13c9ace6-d5ac-4306-ad37-8bb28b47c412
    Explore at:
    xml, html, csvAvailable download formats
    Dataset updated
    Jan 17, 2023
    Dataset provided by
    Statistics Canada
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Description

    This table contains 3904 series, with data for years 2000 - 2016 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Trade (2 items: Import; Export);  Top sixty trading partners (61 items: Total of all countries; United States; China; Mexico; ...);  Classification by Broad Economic Categories (BEC4) (32 items: Food and beverages; Food and beverages, primary; Food and beverages, primary, mainly for industry; Food and beverages, primary, mainly for household consumption; ...).

  4. Exporters To Usa Import Data & Buyers List in USA

    • seair.co.in
    Updated Mar 29, 2025
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    Seair Exim (2025). Exporters To Usa Import Data & Buyers List in USA [Dataset]. https://www.seair.co.in
    Explore at:
    .bin, .xml, .csv, .xlsAvailable download formats
    Dataset updated
    Mar 29, 2025
    Dataset provided by
    Seair Exim Solutions
    Authors
    Seair Exim
    Area covered
    United States
    Description

    Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

  5. e

    Eximpedia Export Import Trade

    • eximpedia.app
    Updated Aug 22, 2022
    + more versions
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    Seair Exim (2022). Eximpedia Export Import Trade [Dataset]. https://www.eximpedia.app/
    Explore at:
    .bin, .xml, .csv, .xlsAvailable download formats
    Dataset updated
    Aug 22, 2022
    Dataset provided by
    Eximpedia PTE LTD
    Eximpedia Export Import Trade Data
    Authors
    Seair Exim
    Area covered
    United States
    Description

    Eximpedia Export import trade data lets you search trade data and active Exporters, Importers, Buyers, Suppliers, manufacturers exporters from over 209 countries

  6. T

    Israel Exports By Country

    • tradingeconomics.com
    • id.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). Israel Exports By Country [Dataset]. https://tradingeconomics.com/israel/exports-by-country
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    excel, xml, json, csvAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1990 - Dec 31, 2025
    Area covered
    Israel
    Description

    Israel's total Exports in 2024 were valued at US$60.26 Billion, according to the United Nations COMTRADE database on international trade. Israel's main export partners were: the United States, Ireland and China. The top three export commodities were: Electrical, electronic equipment; Optical, photo, technical, medical apparatus and Pearls, precious stones, metals, coins. Total Imports were valued at US$91.85 Billion. In 2024, Israel had a trade deficit of US$31.60 Billion.

  7. U.S. exports 1990-2023, as a percentage of GDP

    • statista.com
    • ai-chatbox.pro
    Updated Jan 7, 2025
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    Statista (2025). U.S. exports 1990-2023, as a percentage of GDP [Dataset]. https://www.statista.com/statistics/258779/us-exports-as-a-percentage-of-gdp/
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    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, exports of goods and services from the United States made up about eleven percent of its gross domestic product (GDP). This is an increase from 9.25 percent of GDP of the United States in 1990. U.S. exports The GDP of the United States is the largest in the world, clocking in at more than 20 trillion U.S. dollars in 2022. It is additionally one of the world's largest exporters, second only to China. United States exports surpassed three trillion dollars in 2022, its highest level ever. Balance of trade The balance of trade in the United States has been a longstanding topic of conversation among economists, business interests, and politicians. When a country imports more than it exports, this is known as a trade deficit. While large export industries have been present in the United States for many years, the U.S. trade deficit has been increasing and is the largest volume of any nation.

  8. Export of goods by the BRICS countries from 2000-2023

    • statista.com
    Updated Jun 27, 2025
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    Statista (2025). Export of goods by the BRICS countries from 2000-2023 [Dataset]. https://www.statista.com/statistics/254301/exports-of-the-bric-countries/
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    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    Since 2000, China has consistently been the largest exporter of goods among the BRICS countries, and its share of exports from the bloc has increased significantly. In the year 2000, China's share of BRICS exports was just over ** percent; in 2020, this share has risen to ** percent. Among the other BRICS countries, Russia has always had the second-largest share of exports, and South Africa the smallest, while India overtook Brazil in 2009.

  9. w

    International trade; import and export value, SITC (3 digits), countries

    • data.wu.ac.at
    • cloud.csiss.gmu.edu
    atom feed, json
    Updated Jul 13, 2018
    + more versions
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    Centraal Bureau voor de Statistiek (2018). International trade; import and export value, SITC (3 digits), countries [Dataset]. https://data.wu.ac.at/schema/data_overheid_nl/YjVmZDk0MzYtZGMyOC00MWE4LWE4OGEtOTNiNjU1OTJiOGFj
    Explore at:
    json, atom feedAvailable download formats
    Dataset updated
    Jul 13, 2018
    Dataset provided by
    Centraal Bureau voor de Statistiek
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    cf2cc1186747c2cf8f773f8ec66d7d628cf78010
    Description

    In this table the Dutch import, export value, trade balance and annual changes are broken down into sections, divisions and groups according to the Standard International Trade Classification (SITC). The data are further divided into continents and countries according to the Geonomenclature (GEONOM).

    Data available: from 2012.

    Status of the figures: The provisional figures on international trade can be adjusted on the basis of new or modified source material. Because of this these figures are provisional for a longer period. The provisional figures will become definitive in the fourth quarter after the year under review. All the previous years are already final.

    Changes as of October 3, 2018: The provisional figures of the month July 2018 have been added.

    Changes as of September 28, 2018: Various corrections were implemented in the statistical year 2016. As a result, total import of goods is lower by 4 billion euros, while total export of goods is lower by 2 billion euros. The corrections include: - Adjustments in the estimation method; - Adjustments in the imports and exports of aircrafts and ships; - Adjustments in the import values of ladies underwear, cars, other printed matter and disk memories; - Adjustments in the export values of musical instruments, living plants, DVDs and CDs; - Removal of imports and exports of Southern bluefin tuna (03023690).

    When will new figures be published? The new figures will be published about two months after the month under review.

  10. d

    Exports and imports foreign exchange statistics - major countries in the...

    • data.gov.tw
    csv
    Updated Jun 13, 2025
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    Central Bank of the Republic of China(Taiwan) (2025). Exports and imports foreign exchange statistics - major countries in the Americas region [Dataset]. https://data.gov.tw/en/datasets/80794
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    csvAvailable download formats
    Dataset updated
    Jun 13, 2025
    Dataset authored and provided by
    Central Bank of the Republic of China(Taiwan)
    License

    https://data.gov.tw/licensehttps://data.gov.tw/license

    Area covered
    Americas
    Description
    1. Net forex earnings from exports are included in this statistic when they are repatriated to designated banks within the country of publication.2. Forex payments for imports are included in this statistic when they are transferred to the country of publication as specified by the customer.3. The values of funds transferred in and out from the Americas region (Argentina, Brazil, Canada, Chile, Mexico, and the United States) are provided annually and cumulatively for the import and export forex receipts and payments statistics conducted by designated banks.4. Unit: Million US dollars
  11. e

    Eximpedia Export Import Trade

    • eximpedia.app
    Updated Feb 5, 2025
    + more versions
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    Seair Exim (2025). Eximpedia Export Import Trade [Dataset]. https://www.eximpedia.app/
    Explore at:
    .bin, .xml, .csv, .xlsAvailable download formats
    Dataset updated
    Feb 5, 2025
    Dataset provided by
    Eximpedia Export Import Trade Data
    Eximpedia PTE LTD
    Authors
    Seair Exim
    Area covered
    Antigua and Barbuda, Anguilla, Taiwan, Canada, French Polynesia, Panama, United Arab Emirates, Liberia, New Caledonia, Togo
    Description

    Access Hermes import export data of global countries with importers' & exporters' details, shipment date, price, hs code, ports, quantity etc.

  12. T

    Thailand Exports By Country

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). Thailand Exports By Country [Dataset]. https://tradingeconomics.com/thailand/exports-by-country
    Explore at:
    json, excel, xml, csvAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1990 - Dec 31, 2025
    Area covered
    Thailand
    Description

    Thailand's total Exports in 2024 were valued at US$300.76 Billion, according to the United Nations COMTRADE database on international trade. Thailand's main export partners were: the United States, China and Japan. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$307.56 Billion. In 2024, Thailand had a trade deficit of US$6.80 Billion.

  13. Share of export value in Italy 2023, by destination area

    • statista.com
    Updated Jan 28, 2025
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    Lorenzo Macchi (2025). Share of export value in Italy 2023, by destination area [Dataset]. https://www.statista.com/topics/7481/export-and-imports-in-italy/
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    Dataset updated
    Jan 28, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Lorenzo Macchi
    Area covered
    Italy
    Description

    The main area of destination of Italian exports is by far the European Union. In 2023, 52 percent of all export value originated from countries of the European Union. With 14.2 percent, other European non-EU countries were the second-largest export partners, followed by North America.

  14. Cilantro Import Data & Buyers List in USA

    • seair.co.in
    Updated Jun 28, 2025
    + more versions
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    Seair Exim (2025). Cilantro Import Data & Buyers List in USA [Dataset]. https://www.seair.co.in
    Explore at:
    .bin, .xml, .csv, .xlsAvailable download formats
    Dataset updated
    Jun 28, 2025
    Dataset provided by
    Seair Exim Solutions
    Authors
    Seair Exim
    Area covered
    United States
    Description

    Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

  15. Seair Exim Solutions

    • seair.co.in
    Updated Jun 28, 2025
    + more versions
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    Seair Exim (2025). Seair Exim Solutions [Dataset]. https://www.seair.co.in
    Explore at:
    .bin, .xml, .csv, .xlsAvailable download formats
    Dataset updated
    Jun 28, 2025
    Dataset provided by
    Seair Exim Solutions
    Authors
    Seair Exim
    Area covered
    United States
    Description

    Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

  16. T

    Australia Exports By Country

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 28, 2017
    + more versions
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    TRADING ECONOMICS (2017). Australia Exports By Country [Dataset]. https://tradingeconomics.com/australia/exports-by-country
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1990 - Dec 31, 2025
    Area covered
    Australia
    Description

    Australia's total Exports in 2024 were valued at US$340.85 Billion, according to the United Nations COMTRADE database on international trade. Australia's main export partners were: China, Japan and South Korea. The top three export commodities were: Mineral fuels, oils, distillation products; Ores slag and ash and Pearls, precious stones, metals, coins. Total Imports were valued at US$296.48 Billion. In 2024, Australia had a trade surplus of US$44.37 Billion.

  17. Merchandise imports and exports, customs and balance of payments basis for...

    • www150.statcan.gc.ca
    Updated Feb 8, 2017
    + more versions
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    Merchandise imports and exports, customs and balance of payments basis for all countries, by seasonal adjustment and principal trading areas (x 1,000,000) [Dataset]. https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1210007001
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    Dataset updated
    Feb 8, 2017
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains 56 series, with data for years 1988 - 2014 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Trade (2 items: Import;Export ...), Basis (2 items: Customs;Balance of payments ...), Seasonal adjustment (2 items: Unadjusted;Seasonally adjusted ...), Principal trading areas (7 items: Total of all merchandise;United States; including Puerto Rico and Virgin Islands;European Union excluding the United Kingdom;United Kingdom ...).

  18. Israel Total Exports

    • ceicdata.com
    • dr.ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Israel Total Exports [Dataset]. https://www.ceicdata.com/en/indicator/israel/total-exports
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Israel
    Variables measured
    Merchandise Trade
    Description

    Key information about Israel Total Exports

    • Israel Total Exports recorded 4.6 USD bn in Feb 2025, compared with 4.6 USD bn in the previous month
    • Israel Total Exports data is updated monthly, available from Jan 1988 to Feb 2025, with an averaged value of 3.2 USD bn
    • The data reached an all-time high of 6.3 USD bn in Mar 2022 and a record low of 634.4 USD mn in Sep 1988

    The currency conversion into USD is carried out in the monthly summaries, according to the rate on the day the transaction was registered at customs by the Central Bureau of Statistics. Total Exports are net which equals gross exports less goods returned to the suppliers. [COVID-19-IMPACT]


    Further information about Israel Total Exports

    • In the latest reports, Israel Total Exports grew 2.4 % YoY in Dec 2024
    • Total Imports recorded 7.2 USD bn in Feb 2025, which registered an increase of 25.8 % year on year
    • Israel Trade Balance recorded a deficit of 4.3 USD bn in Dec 2024

  19. w

    International trade; Imports and exports of services by country, 2003-2013

    • data.wu.ac.at
    • ckan.mobidatalab.eu
    • +3more
    atom feed, json
    Updated Jul 11, 2018
    + more versions
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    Centraal Bureau voor de Statistiek (2018). International trade; Imports and exports of services by country, 2003-2013 [Dataset]. https://data.wu.ac.at/schema/data_overheid_nl/MzU4ZjE3ZmMtYTZkOS00NjAwLThmNDUtYWI1MDhjYjYxN2E5
    Explore at:
    json, atom feedAvailable download formats
    Dataset updated
    Jul 11, 2018
    Dataset provided by
    Centraal Bureau voor de Statistiek
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    d31098cc78e7882200639eccec4c12d273c7ca92
    Description

    This table contains information on Dutch imports and exports of services broken down by various service types and countries (groups). From 2006 onwards more detailed information is available than the years before. In addition, the annual figures show more detailed information than the quarterly figures.

    Data available from 2003 to 2013.

    Status of the figures: The figures are definite.

    Changes as of 8 October 2014: None, this table has been discontinued.

    When will new figures be published? No longer applicable.

  20. g

    Export and import by group of countries (6) and sections (21)of the list of...

    • gimi9.com
    Updated Jun 14, 2023
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    (2023). Export and import by group of countries (6) and sections (21)of the list of foreign trade statistics- country – month | gimi9.com [Dataset]. https://gimi9.com/dataset/eu_https-www-landesdatenbank-nrw-de-ldbnrwws-downloader-00-tables-51000-12i_00
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    Dataset updated
    Jun 14, 2023
    Description

    april asean-la_nder august ausfuhr außenhandel befo_rderungsmittel dezember echte-perlen-o_-zuchtperlen-edelsteine-sch_stein efta-la_nder einfuhr erzeugnisse-der-chemischen-industrie eu-la_nder februar ha_ute-felle-leder-pelzfelle-und-waren-daraus halbstoffe-aus-holz-od_-and_cellulosehalt_faserst_ holz-und-holzwaren-kork-flechtwaren-u_-korbwaren jahr januar juli juni kunstgegensta_nde-sammlungsst_-u_-antiquita_ten kunststoffe-und-kautschuk-und-waren-daraus la_ndergruppen-außenhandel land lebende-tiere-und-waren-tierischen-ursprungs ma_rz mai maschinen-apparate-elektrotech_-waren-u_-teile mercosur-la_nder mineralische-stoffe monate nafta-la_nder nordrhein-westfalen november oktober optische-gera_te-uhrmacherwaren-musikinstrumente schuhe-kopfbedeck_-regenschirme-war_aus-federn september spinnstoffe-und-waren-daraus tierische-u_-pflanzliche-fette-o_le-u_-wachse-u_a_ u_brige-la_nder unedle-metalle-und-waren-daraus verschiedene-waren waffen-und-munition-teile-davon-und-zubeho_r waren-aus-steinen-gips-zement-asbest-glimmer waren-der-lebensmittelindustrie-getra_nke-tabak waren-pflanzlichen-ursprungs warenverzeichnis-außenhandelsstatistik-abschnitte

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Statista (2024). Leading import countries worldwide 2023 [Dataset]. https://www.statista.com/statistics/268184/leading-import-countries-worldwide/
Organization logo

Leading import countries worldwide 2023

Explore at:
10 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Oct 15, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2023
Area covered
World
Description

The statistic shows a ranking of the top 20 import countries worldwide in 2023. In 2023, the U.S. was the leading import country in the world with an import value of about **** trillion U.S. dollars. Import and export worldwide Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports. If the balance is positive, i.e. if the value of exports is higher than that of imports, it is called a trade surplus. If it is negative and import values exceed export values, it represents a trade deficit. Worldwide trade is regulated by the World Trade Organization (WTO). It provides a framework for trade agreements and helps in resolving disputes. Since its foundation in 1995, more than 150 countries have become members of the WTO and obligated themselves to follow its regulations. The worldwide export volume in trade since 1950 has tripled, and a similar development can be observed in the worldwide import trade volume since 1950. Europe is leading the ranking regarding the value of worldwide export volume of trade by region, but the value of goods exported by Asia is almost up to par. Both continents are also the top destination regions of inter-regional trade worldwide. The United States, China, and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment, and machinery. The volume of commodities traded worldwide has increased dramatically over the past few years.

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