The Impact of Coronavirus on World Trade (Total Exports) in 2020
This video compares countries by their total exports (of goods and services) during the year of 2020, including mainland China, the United States, Germany, Japan, India, the United Kingdom, Russia, Brazil, and South Korea. Exports are the goods and services produced in one country and purchased by residents of another country. Combined, they make up a country’s trade balance. When the country exports more than it imports, it has a trade surplus. When it imports more than it exports, it has a trade deficit.
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