This statistic shows the share of China's contribution to the World Trade Organization's (WTO) budget from 2014 to 2024. The contributions are calculated according to each member's share of international trade including trade in goods, services and intellectual property rights. In 2024, China contributed around 11.18 percent to the consolidated budget of the World Trade Organization Secretariat and the Appellate Body Secretariat.

This dataset contains the glob merchandise trade value between countries around the world. The daterange is between 1948 and 2022.

Original Data

Acknowlegement

Foto von Kelly Sikkema auf Unsplash

World partner is available for all reporters except for "Euro Area (20)". "Extra Euro Area (20) Trade" partner is only available for "Euro Area (20)". "European Union" and "Extra EU Trade" partners are only available for the EU.

Inward Foreign Affiliates Statistics (FATS) cover the activities of majority-owned foreign affiliates of non-resident enterprises established in the reporting economy.

This statistic shows the estimated value of the retaliation limits permitted by the World Trade Organization for major trading partners of the United States should a case be brought against the United States as a result of President Trump's proposed tariff on steel and aluminum imports, as of March 2018. The retaliation limit is based on the estimated export losses due to Trump's trade tariffs. Should such a case be successful these figures show the retaliation capacity of each country as they could then impose tariffs against the United States on other products to the prescribed value without breaking World Trade Organization regulations.

It is estimated that if the case were successful, Canada would be able to impose tariffs on U.S. imports to the value of 3.2 billion U.S. dollars. This retaliation limit would be awarded to them by the World Trade Organization, allowing tariffs that would normally risk sanctions. The 3.2 billion U.S. dollar retaliation limit would be afforded to Canada in response to the expected 2 billion U.S. dollars in lost steel exports and 1.2 billion U.S. dollars in lost aluminum exports if the tariffs were to be imposed.

In 2022, the global trade value of goods exported throughout the world amounted to approximately 24.9 trillion U.S. dollars at current prices. In comparison, this figure stood at around 6.45 trillion U.S. dollars in 2000. The rise in the value of goods exported around the world reflects developments in international trade, globalization, and advances in technology.

Export trade
Global trade refers to the exchange of capital, goods and services between different countries and territories. The export of trade goods refers to goods sold internationally which were grown, produced, or manufactured in another country.

Who are the leading importers and exporters of trade goods?
In 2021, China was the largest source of goods exported around the world, with total merchandise exports valuing approximately 3.37 trillion U.S. dollars. That year, China was responsible for almost 15 percent of all trade goods exported around the world. The United States was the second largest exporters of goods that year. The United States was the leading importer of merchandise in the world as of 2021. That year, the global superpower accounted for 13 percent of the world’s merchandise imports.

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 3.17 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.

As a member of the World Trade Organisation (WTO), the European Union applies relatively high tariff rates on agricultural imports, if there is no existing trade deal with the partner it is trading with. In such cases, WTO's Most Favored Nation (MFN) is used when determining the rate of tariffs on goods. In 2019, the simple average tariff rate for dairy products, for example, was 32.3 percent. Import rate imposed on cotton was at zero.

The value of exports of China amounted to almost 3.4 trillion U.S. dollars in 2023, meaning that it was, by far, the country with the highest exports worldwide that year. China's export market The value of goods exported from China increased rapidly from 2020 to 2021. By 2021, China accounted for about 15 percent of global merchandise exports and about six percent of global service exports. The leading export products of China were machinery and transport equipment, with an export value of about 1.7 trillion U.S. dollars in 2022. U.S. export market The United States recorded an export value of over two trillion U.S. dollars in 2023, making it the world's second-largest exporter. The main trading partners of the U.S. are Canada, Mexico, and China. In 2022, among the products exported by the U.S., petroleum and coal saw the largest growth in export value at 60 percent. Texas and California were the top two U.S. states ranked by value of exports in 2023. Texas ranked first with exports valued at 444.5 billion U.S. dollars. As far as global imports are concerned, the United States was the leading country as of 2022, with an import value of about 3.4 trillion U.S. dollars.

Since the beginning of 2005, the Travel Survey of Residents of Canada (TSRC) has been conducted to measure domestic travel in Canada. It replaces the Canadian Travel Survey (CTS). Featuring several definitional changes and a new questionnaire, this survey provides estimates of domestic travel that are more in line with the international guidelines recommended by the World Tourism Organization (WTO) and the United Nations Statistical Commission. In 2011, TSRC underwent a redesign. Please refer to the document entitled Differences Between the 2011 Redesigned TSRC and the 2010 TSRC available in the "Documentation" section of this survey, for an explanation of the differences between TSRC from 2006-2010 and TSRC in 2011. The Travel Survey of Residents of Canada is sponsored by Statistics Canada, the Canadian Tourism Commission, and the provincial governments. It measures the size of domestic travel in Canada from the demand side. The objectives of the survey are to provide information about the volume of trips and expenditures for Canadian residents by trip origin, destination, duration, type of accommodation used, trip reason, mode of travel, etc.; to provide information on travel incidence and to provide the socio-demographic profile of travellers and non-travellers. Estimates allow quarterly analysis at the national, provincial and tourism region level (with varying degrees of precision) on: - total volume of same-day and overnight trips taken by the residents of Canada with destinations in Canada, - same-day and overnight visits in Canada, - main purpose of the trip/key activities on trip, - spending on same-day and overnight trips taken in Canada by Canadian residents in total and by category of expenditure, - modes of transportation (main/other) used on the trip, - person-visits, household-visits, spending in total and by expense category for each location visited in Canada, - person- and household-nights spent in each location visited in Canada, in total and by type of accommodation used, - use of travel packages and associated spending and source of payment (household, government, private employer), - demographics of adults that took or did not take trips, and - travel party composition. The main users of the TSRC data are Statistics Canada, the Canadian Tourism Commission, the provinces, and tourism boards. Other users include the media, businesses, consultants and researchers.

The Travel Survey of Residents of Canada (TSRC) is a major source of data used to measure the size and status of Canada's tourism industry. It was developed to quantify the volume, the characteristics and the economic impact of domestic travel. For the system of national accounts, TSRC measures the size of domestic travel in Canada from the demand side. Since the beginning of 2005, the Travel Survey of Residents of Canada (TSRC) has been conducted to measure domestic travel in Canada. It replaces the Canadian Travel Survey (CTS). Featuring several definitional changes and a new questionnaire, this survey provides estimates of domestic travel that are more in line with the international guidelines recommended by the World Tourism Organization (WTO) and the United Nations Statistical Commission. In 2011, TSRC underwent a redesign. Please refer to the document entitled Differences Between the 2011 Redesigned TSRC and the 2010 TSRC available in the "Documentation" section of this survey, for an explanation of the differences between TSRC from 2006-2010 and TSRC in 2011. The Travel Survey of Residents of Canada is sponsored by Statistics Canada, the Canadian Tourism Commission, and the provincial governments. It measures the size of domestic travel in Canada from the demand side. The objectives of the survey are to provide information about the volume of trips and expenditures for Canadian residents by trip origin, destination, duration, type of accommodation used, trip reason, mode of travel, etc.; to provide information on travel incidence and to provide the socio-demographic profile of travellers and non-travellers. Estimates allow quarterly analysis at the national, provincial and tourism region level (with varying degrees of precision) on: total volume of same-day and overnight trips taken by the residents of Canada with destinations in Canada, same-day and overnight visits in Canada, main purpose of the trip/key activities on trip, spending on same-day and overnight trips taken in Canada by Canadian residents in total and by category of expenditure, modes of transportation (main/other) used on the trip, person-visits, household-visits, spending in total and by expense category for each location visited in Canada, person- and household-nights spent in each location visited in Canada, in total and by type of accommodation used, use of travel packages and associated spending and source of payment (household, government, private employer), demographics of adults that took or did not take trips, and travel party composition. The main users of the TSRC data are Statistics Canada, the Canadian Tourism Commission, the provinces, and tourism boards. Other users include the media, businesses, consultants and researchers.

In 2020, the export of goods-related services from the Philippines contracted by eight percent. Goods-related services is a WTO aggregate name that refers to manufacturing services on physical inputs owned by others and maintenance and repair services.

The Travel Survey of Residents of Canada (TSRC) is a major source of data used to measure the size and status of Canada's tourism industry. It was developed to quantify the volume, the characteristics and the economic impact of domestic travel. For the system of national accounts, TSRC measures the size of domestic travel in Canada from the demand side. Since the beginning of 2005, the Travel Survey of Residents of Canada (TSRC) has been conducted to measure domestic travel in Canada. It replaces the Canadian Travel Survey (CTS). Featuring several definitional changes and a new questionnaire, this survey provides estimates of domestic travel that are more in line with the international guidelines recommended by the World Tourism Organization (WTO) and the United Nations Statistical Commission. In 2011, TSRC underwent a redesign. Please refer to the document entitled Differences Between the 2011 Redesigned TSRC and the 2010 TSRC available in the "Documentation" section of this survey, for an explanation of the differences between TSRC from 2006-2010 and TSRC in 2011. The Travel Survey of Residents of Canada is sponsored by Statistics Canada, the Canadian Tourism Commission, and the provincial governments. It measures the size of domestic travel in Canada from the demand side. The objectives of the survey are to provide information about the volume of trips and expenditures for Canadian residents by trip origin, destination, duration, type of accommodation used, trip reason, mode of travel, etc.; to provide information on travel incidence and to provide the socio-demographic profile of travellers and non-travellers. Estimates allow quarterly analysis at the national, provincial and tourism region level (with varying degrees of precision) on: total volume of same-day and overnight trips taken by the residents of Canada with destinations in Canada, same-day and overnight visits in Canada, main purpose of the trip/key activities on trip, spending on same-day and overnight trips taken in Canada by Canadian residents in total and by category of expenditure, modes of transportation (main/other) used on the trip, person-visits, household-visits, spending in total and by expense category for each location visited in Canada, person- and household-nights spent in each location visited in Canada, in total and by type of accommodation used, use of travel packages and associated spending and source of payment (household, government, private employer), demographics of adults that took or did not take trips, and travel party composition. The main users of the TSRC data are Statistics Canada, the Canadian Tourism Commission, the provinces, and tourism boards. Other users include the media, businesses, consultants and researchers.