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Balance of Payments » Current accounts - Net trade in goods and services in current prices

(US dollars)

Germany is the top country by net trade in goods and services in the world. As of 2016, net trade in goods and services in Germany was 276,095 million US dollars that accounts for 47.96 % of the world's net trade in goods and services. The top 5 countries (others are China, Republic of Korea, Netherlands, and Singapore) account for 137.12 % of it. The world's total net trade in goods and services was estimated at 575,682 million US dollars in 2016.

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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.