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Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
In 1950, China's per capita GDP was only a fifth of the world's per capita GDP and less than a tenth that of the twelve Western European countries. [44] Since the late 1970s, China has moved forward from a centrally planned economy to a free market capitalist system. China accounts for 71.36% of East Asia's overall GDP. [13]
Prior to the Han dynasty, markets close to China's northern border engaged in trade with the nomadic tribes of the eastern Eurasian Steppe. [122] The heqin agreement between the Han and nomadic Xiongnu stipulated the transfer of tributary goods from China. The exact amount of annual tribute sent to the Xiongnu in the 2nd century BC is unknown.
The 2020 study finds that most countries exhibit greater exposure to resource risks via international trade – mainly from remote production sources – and that diversifying trading partners is unlikely to help countries and sectors to reduce these or to improve their resource self-sufficiency. [24] [25] [26] [27]
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
Another potential global danger posed by the economy of Asia is the growing accumulation of foreign exchange reserves. The countries/regions with the largest foreign reserves are mostly in Asia – China (Mainland – $3,205 billion & Hong Kong – $430.7 billion, April 2023), Japan ($1,253 billion, June 2023), Russia ($599 billion, May 2023 ...
As of at least early 2024, China is the largest trading partner of over 120 countries. [9]: 147 Given the scale of China and its economy, the country's impact on international trade flow is major. [7]: 272 As of at least 2024, the global current account surplus is largely composed of China, Europe, and the Middle East. [7]: 274
This is a list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by World Bank. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.