WTO: 2018 global trade figures at record high

Radio Taiwan International 
Date: 04 April, 2019
By: Natalie Tso

Taitung’s Chishang rice is a popular export (CNA)

The WTO just announced record high global trade figures for 2018. Exports worldwide were worth US$19.5 trillion, a 9.8% increase from 2017.

2018 was a record-breaking year for Taiwan’s exports as well. Taiwanese exports last year were worth US$ 335 billion. Taiwan was the 18th biggest exporter in the world last year, accounting for 1.7% of the world’s total exports.

China was the largest exporter in the world last year, accounting for 12.8% of global total. Following China were the US, Germany, and Japan.

2018 was also a year of record imports. The top five importers last year were the US, China, Germany, Japan, and the UK.    [FULL  STORY]

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