EconomyRussia is among the ten largest exporters of goods...

Russia is among the ten largest exporters of goods in the world

-

- Advertisement -
One ruble coin. archive photo

In 2022, Russia ranked tenth among the world’s largest exporters of goods

- Advertisement -

MOSCOW, March 19 – RIA Novosti. Russia, which increased its goods exports to 591.5 billion dollars in 2022, ranked tenth among the world’s largest exporters, rising two places during the year, according to RIA Novosti calculations based on data from national statistical services.

China ($3.6 trillion), the United States ($2.1 trillion) and Germany ($1.7 trillion) remained the world’s largest exporters of goods last year. Supplying $760.6 billion worth of products to world markets, the Netherlands moved up from fifth to fourth place, replacing Japan with a total shipment of $747.6 billion.

Workers assembling cars on the production line of the Moscow Automobile Plant Moskvich - RIA Novosti, 1920, 24.02.2023
- Advertisement -

Didn’t wait: Russia repelled an unprecedented blow

- Advertisement -

South Korea maintained the sixth place, exporting goods worth $683.6 billion. Italy (657.2 billion), France (626.7) and Canada (599) moved up one spot to seventh, eighth and ninth respectively, as Hong Kong dropped from seventh to 11th.

Saudi Arabia, which rose to 19th rank by rising six terms in a year, and Norway, which ranked 28th instead of 33rd, were the countries that increased their position the most. Belgium moved up one place to become the world’s 16th largest exporter. Australia also improved its position, moving from 20th to 18th, and Indonesia from 28th to 26th.

Switzerland fell out of the second ten largest suppliers of goods, ranking 21st, and Ireland fell to 31st, placing third.

Russia and India flags

Russia ranks among India’s top five trading partners for the first time

Overall, the top 30 exporters in 2022 increased their supply of goods to the world market by 10.2% to $19.98 trillion. The strongest export growth was recorded by Norway (+68%) and Saudi Arabia (+48.3%). The only economies whose exports fell were Japan (-1.3%) and Hong Kong (-9.2%).

The study was conducted by RIA Novosti, based on data from the national statistical services of the world’s 60 largest economies. The last sample to be published included 30 economies that announced last year’s January-December data as of mid-March. Data are presented in US dollars. If the statistics service provided information in national currency only, monthly or annual data were recalculated at the average exchange rate for the period.

Electronic scoreboard with dollar signs - RIA Novosti, 1920, 03/12/2023

Changes are coming. Which currency loses dollars

Source: Ria

- Advertisement -
Emma
Emma
I am Emma Sickels, a highly experienced journalist specializing in news and economy. As an author at News Unrolled, I cover the latest trends in the economic sector and provide readers with valuable insights into its complexities. My work has been featured in various media outlets such as The New York Times, USA Today, Bloomberg Businessweek and many more.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Expert says China is vulnerable to European economy and US consumers

A man is walking in a park in Beijing. archive photoFormer banker McDonald: China vulnerable to European economy...

Dorofeev’s puck gave Vegas a victory over Vancouver in an NHL game

Dorofeev's puck gave Vegas a victory over Vancouver in an NHL gameMOSCOW, March 22 - RIA Novosti. The Vegas...

Ovchinsky: Moscow company invested 200 million rubles in pipe production

Vladislav Ovchinsky, Head of the Moscow Department of Investment and Industrial Policy (DIPP). archive photo MOSCOW, March 22 -...

Veteran of the US Armed Forces: the American army would have lost in a collision with the Russian Federation

US Armed Forces Senior Draven: The American army would have been defeated in a conflict with the Russian FederationMOSCOW,...

Lukashenko announces “plague of Nazism” near Belarusian borders

Belarusian President Alexander Lukashenko. archive photoLukashenko said that the plague of Nazism is approaching the borders of Belarus.MINSK,...

Death toll rises in Afghanistan earthquake

Ambulance in Afghanistan. archive photoDeath toll rises to 9 in Pakistan after earthquake in AfghanistanMOSCOW, March 22 -...

Must read

Expert says China is vulnerable to European economy and US consumers

A man is walking in a park in Beijing....

Dorofeev’s puck gave Vegas a victory over Vancouver in an NHL game

Dorofeev's puck gave Vegas a victory over Vancouver in...
- Advertisement -spot_img

You might also likeRELATED
Recommended to you