Talk:List of countries by trade-to-GDP ratio

"World" trade balance
I know this is really a question for the World Bank, which is where the data comes from, but how is it possible for the "world" as a whole to make more money from international exports than it spends on international imports? Every intenational transaction should be an export for one country and an import for another, with same amount of money and goods/services exchanged for each country because it's the same transaction. Is it something to do with exchange rates? Are some places not counted as part of the "world"? Is it something to do with debt? Is it an artifact of inaccurate data? DubleH (talk) 00:34, 20 March 2022 (UTC)