China's trade surplus grew by 30% last year to an all-time high of $877.6 billion, the data showed. Russia increased its surplus 1.7 times over the year to a record $333.4 billion, moving up to second place among major economies.
Saudi Arabia, which had its highest trade surplus since 2012 at $221.3 billion, ranked third.
The absolute leader in trade surplus growth in 2022 was Canada, where the index jumped 4.8 times — from $3.65 billion to $17.45 billion. At the same time, the only country that managed to move from a trade deficit to a surplus last year was Nigeria.
As a result, 26 major economies recorded a trade surplus of $2.45 trillion in 2022, compared to 32 countries with $2.1 trillion a year earlier.
The study was conducted by Sputnik on the basis of data from the national statistical agencies of the world's 60 largest economies.