MOSCOW, March 26 Last year, China and Russia became the world leaders in terms of trade surplus, and broke their own records, according to the calculations.
Thus, China's trade surplus rose by 30 percent and reached a maximum in the entire history of observations — 877.6 billion dollars. Russia increased its surplus by 1.7 times, to a record $333.4 billion. This allowed it to rise to the second place among the largest economies in the world.
In third place was Saudi Arabia, which received the largest trade surplus since 2012 — $ 221.3 billion. Norway, which was ninth a year ago, moved up to fourth place. It increased its trade surplus 2.7 times to $164.3 billion. Australia closes the top five with $123.1 billion.
Qatar is in sixth place, up five positions, with a trade surplus of $97.5 billion. But Germany fell from second place to seventh, as its positive balance collapsed 2.4 times — to 85.34 billion dollars. Ireland, with a trade surplus of 71 billion, is in eighth place, and Malaysia, with 58.2 billion, is in ninth. The Netherlands, whose figure fell by a quarter to $56.2 billion, fell four places to round out the top ten.
Canada became the absolute leader in the growth of trade surplus — its figure jumped 4.8 times, from 3.65 to 17.45 billion dollars. Vietnam significantly increased the surplus — three times, to 12.4 billion, and Oman — doubled, to 27.5 billion dollars. At the same time, the only country that was able to go from a trade deficit to a surplus was Nigeria.
As a result, last year the trade balance surplus was recorded by 26 largest economies of the world, it is estimated at 2.45 trillion dollars. A year earlier, there were 32 such economies, and their combined surplus was $2.1 trillion.
The study was conducted on the basis of data from the national statistical services of the 60 largest economies in the world. The final sample includes economies that, as of mid-March, disclosed data for 2022 and received a trade surplus.