International trade is one of the world’s most powerful financial forces, driving 18.5% of the world’s overall Gross Domestic Product of $146.71 trillion for 2021. Drilling down from those headline numbers, exported products totaled US$21.953 trillion in 2021 up 25.5% from 2020. Services comprised an additional $5.2 trillion worth of global sales for items such as delivery … [Read more...] about Finding the Best International Trade Stocks
Spotlight
World’s Top Exports Report Card for Products and Countries
Worldwide export sales totaled US$21.513 trillion in 2021 based on International Trade Centre calculations as of July 8, 2022). That global export metric reflects a 22.5% increase since 2017 when overall exported goods were worth $17.568 trillion. From 2020 to 2021, exports from all countries accelerated in dollar value by an average 22.9%. In this analysis, we look at the … [Read more...] about World’s Top Exports Report Card for Products and Countries
Top Chinese Trade Balances
Mobile phones and computers continue to be major drivers for China’s highest trade surpluses by product. From a geographic perspective, the United States of America and Hong Kong placed first and second respectively among trade partners at the expense of which the People’s Republic posted its highest positive trade balances. China’s total trade balance for all products … [Read more...] about Top Chinese Trade Balances
Top Canadian Trade Balances
Canada’s total trade surplus for all products equaled US$14.5 billion in 2021, up 19.8% from the $12.1 billion surplus in 2014. Year over year, the most recent $14.5 billion in black ink represents a reversal from the -$14.4 billion deficit that Canada incurred one year earlier during 2020. To put that metric into perspective, the country's total external debt encompassing … [Read more...] about Top Canadian Trade Balances
Major Export Companies: Alcoholic Beverages
Global exports for alcoholic beverages totaled US$96 billion in 2019, up by 17.1% from $81.9 billion during 2015. From 2018 to 2019, the value of exported booze shrank by -0.1%. At 44.4% of the worldwide total, liquor is the largest alcoholic beverages export category. International liquor sales increased in value by 1.2% from 2018 to 2019. In comparison, exports of wine … [Read more...] about Major Export Companies: Alcoholic Beverages