Group of 7 countries (G7) Compared by Economy > Balance of payments > Current account > Balances > Net trade in goods and services > Current US$
DEFINITION:
Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
CONTENTS
Citation
Interesting observations about Economy > Balance of payments > Current account > Balances > Net trade in goods and services > Current US$
- United States has ranked last for balance of payments > current account > balances > net trade in goods and services > current US$ since 1976.
- Germany ranked first for balance of payments > current account > balances > net trade in goods and services > current US$ amongst Christian countries in 2009.
- China ranked first for balance of payments > current account > balances > net trade in goods and services > current US$ amongst Emerging markets in 2009.
- Malaysia ranked first for balance of payments > current account > balances > net trade in goods and services > current US$ amongst Hot countries in 2009.
- Russia ranked second for balance of payments > current account > balances > net trade in goods and services > current US$ amongst Europe in 2009.
- Ireland ranked first for balance of payments > current account > balances > net trade in goods and services > current US$ amongst Catholic countries in 2009.
- Argentina ranked first for balance of payments > current account > balances > net trade in goods and services > current US$ amongst Latin America and Caribbean in 2009.
- Netherlands ranked second for balance of payments > current account > balances > net trade in goods and services > current US$ amongst European Union in 2009.
- United Kingdom ranked second last for balance of payments > current account > balances > net trade in goods and services > current US$ amongst Group of 7 countries (G7) in 2009.
- Singapore ranked second for balance of payments > current account > balances > net trade in goods and services > current US$ amongst Former British colonies in 2009.
