The upcoming G20 Leaders' Summit in Rio de Janeiro, scheduled for November 18 to 19, is set against a backdrop of impressive global trade performance. In 2023, G20 members achieved a total import and export trade volume of $54.6 trillion, accounting for over 75% of the world's total trade.
This remarkable figure underscores the diverse vitality of global trade and its pivotal role in fostering the prosperity and development of the world economy. The robust trade activity among G20 nations highlights the interconnectedness of global markets and the collective effort to drive economic growth.
The forthcoming summit in Rio aims to build on this momentum, providing a platform for leaders to discuss strategies that will sustain and enhance economic collaboration. The accompanying infographic offers a detailed view of the import and export volumes of G20 members in 2023, illustrating the dynamic nature of international trade and the significant contributions of each member to the global economy.
As the world continues to navigate economic challenges and opportunities, the G20's role in shaping trade policies and promoting sustainable growth remains more crucial than ever.
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Infographic: The import and export volume of G20 members in 2023
cgtn.com
