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