The agency analyzed trade data from 91 major countries that have already published trade data for last year. Among them, only 33 countries received a trade surplus of $2.3 trillion, while 58 economies went into the red by $2.8 trillion.
China enjoyed the largest net earnings from trade last year, receiving a trade surplus of $991 billion. Next, as in the previous year, is Germany with net trade income of $258 billion.
Russia rounds out the top three with a trade surplus of $151 billion, moving up four positions from 2023. The top five also includes Ireland, which fell from third to fifth place with a surplus of $98 billion, and the Netherlands, which posted a surplus of $89 billion and moved up three positions.
The top ten countries that earned the most from trade also included Switzerland ($77 billion), Saudi Arabia ($73 billion), Norway ($69 billion), Brazil ($59.5 billion), and Italy ($55 billion).
At the same time, the United States traditionally had the largest trade deficit last year, which grew to $1.3 trillion. The closest "competitor" was the United Kingdom, with its trade deficit more than four times smaller, at "only" $303 billion. India, which took second place last year, dropped one position this year, becoming third with $263 billion. The top five, as last year, also includes France ($111 billion) and Turkey ($82 billion).
Read more: https://sputnikglobe.com/20250525/russia-boasts-worlds-third-largest-trade-surplus-in-2024-1122126156.html
