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as opposed to a trade deficit which can raise concerns about economic health and potential imbalances. In 2024, China hit the ...
In 2024, China hit the highest recorded global surplus of $992.16 billion. Other countries topping the trade surplus list are Germany, Ireland, Singapore, Saudi Arabia, Switzerland, Russia and Brazil.
The difference results in a trade imbalance with a trade deficit for the US and a trade surplus for China. On an a larger scale of comparison, the U.S. holds the largest trade deficit in the world ...