TOP 10 countries in European Union by Merchandise trade

Описание: Merchandise trade, also known as trade in goods, is the exchange of physical goods between countries. This type of trade is a crucial component of the global economy and can have major impacts on individual countries' economic growth and development.

The European Union is a major player in merchandise trade, both within its member states and with other countries around the world. In 2019, the EU accounted for approximately 15% of global merchandise trade, making it the second-largest trading bloc after Asia.

The EU's top trading partners include the United States, China, and Switzerland, with machinery, transport equipment, and chemicals being the most commonly traded goods. The EU also has a significant trade surplus in goods, meaning that it exports more than it imports, which can contribute to economic growth and job creation within the bloc.

However, like all forms of international trade, merchandise trade is subject to fluctuations and disruptions, such as changes in trade policies, global economic downturns, and public health crises. These can have both positive and negative impacts on individual countries and the global economy as a whole.

Data Source:
Worldbank
https://data.worldbank.org/
The visualization displays the latest available dataset. Once a more recent dataset is available, I will update the visualization.

How was the video created?
Curious about how this video was made? It was created using the Python programming language. If you have any questions, don't hesitate to reach out to me!

Watch my other videos on YouTube:
TOP 10 countries by methane emissions:    • TOP 10 countries by methane emissions  
TOP 10 countries by merchandise exports:    • TOP 10 countries by merchandise exports  
TOP 10 countries by armed forces personnel:    • TOP 10 countries by armed forces personnel  
TOP 15 countries by aquaculture production:    • TOP 15 countries by aquaculture production  
TOP 15 countries by produced avocados:    • TOP 15 countries by produced avocados  
TOP 10 countries in European Union by military expenditure:    • TOP 10 countries in European Union by mili...  
TOP 20 countries by Milk production:    • TOP 20 countries by Milk production  
TOP 20 countries in Asia by Cereal production:    • TOP 20 countries in Asia by Cereal production  
TOP 20 countries in Asia by Rice production:    • TOP 20 countries in Asia by Rice production  
TOP 20 countries in European Union by Electricity generation:    • TOP 20 countries in European Union by Elec...  

Follow WorldDataNexus on social media:
Twitter:   / worlddatanexus  

Music:
Cryin In My Beer von Audionautix unterliegt der Lizenz Creative-Commons-Lizenz "Namensnennung 4.0". https://creativecommons.org/licenses/...

Künstler: http://audionautix.com/
   / audiolibrary-channel