Russia’s economy is about 6.5 times smaller than world-leading China’s Gross Domestic Product on a Purchasing Power Parity basis. China’s overall population exceeds 1.4 billion, roughly 10 times greater than Russia’s head count of about 144 million. Mainland China is also the world’s number one exporter, far outpacing Russia’s international sales which earned a 12th-place … [Read more...] about Russia vs China Trade Scorecard
Europe
United Kingdom vs European Union Scorecard
The European Union’s collective economy is about 6 times bigger than the Gross Domestic Product on a Purchasing Power Parity basis for the United Kingdom. Cobbled together the EU’s overall population is roughly 5 times the UK’s head count. Nevertheless, the United Kingdom has made significant progress in improving its trade performance versus the 27 remaining EU countries … [Read more...] about United Kingdom vs European Union Scorecard
Russia’s Top 100 Consumer Product Exports
The top 100 consumer products exported from the Russian Federation that attracted the greatest international spending amounted to a subtotal US$251.2 billion during 2022. That dollar amount specific to consumer-targeted exports represents 44.4% of the overall value of all Russian exported goods ($565.2 billion). The 5 most valuable consumer end-use goods shipped by Russia … [Read more...] about Russia’s Top 100 Consumer Product Exports
Major Exports by Continent
By value, almost four-fifths (78.8%) of all globally exported products during 2022 originated from suppliers in Asia and Europe. A large portion of Asia’s major exports are electronics circuits including related components, petroleum oils and gases, and mobile phones. Leading exported goods from Europe are cars, refined petroleum oils, and medication mixes in dosage. Listed … [Read more...] about Major Exports by Continent
Lithuania’s Top 10 Imports
A Baltic nation in northeastern Europe bordering Belarus and Poland, the Republic of Lithuania bought imported products worth a total US$54.9 billion in 2022. That dollar metric reflects a 50.5% expansion in Lithuanian spending from $36.5 billion during 2018. From 2021 to 2022, the overall cost of Lithuania’s imports accelerated by 23.3% from $44.6 billion. Based on the … [Read more...] about Lithuania’s Top 10 Imports