In 2022, the total export value of global goods reached nearly $25 trillion.
With the evolution of international trade, the effects of globalization, and progress in technology, global trade has increased by around 300% over the last 20 years.

This visualization uses data from the World Trade Organization (WTO) to chart the world’s top exporters by country.

China is Still the “World’s Factory”

The world’s largest 11 exporters shipped out $12.8 trillion of goods in 2022, more than the rest of the world combined ($12.1 trillion).
The list is headed by China, with $3.6 trillion or 14% of total exports. The country has been the largest exporter of goods in the world since 2009.

In 2022, the top products exported from China by value were phones (including smartphones), computers, optical readers, integrated circuits, solar power diodes, and semiconductors.

Two of China’s primary trading partners are neighboring countries Japan and South Korea.

Mexico Surpasses China as America’s Largest Trading Partner

China has built up significant trade relations with the European Union and the United States, two of the world’s largest markets for goods.
However, recent trade tensions have led to China losing its status as the United States’ biggest trading partner in 2023.

Mexico has now overtaken China as the largest seller to the United States. This shift in trade dynamics is part of a broader effort by the U.S. to import goods from closer to home and reduce its dependence on geopolitical rivals.

The U.S. itself is the world’s second largest goods exporter, with over $2 trillion annually.

Canada was the largest purchaser of U.S. exports in 2022, accounting for 17% of total exports, followed by Mexico, China, Japan, and the United Kingdom.

The top exports of the United States are refined petroleum, petroleum gas, crude petroleum, cars, and integrated circuits.

The Regional View of Exports by Country

From a regional perspective, it’s clear Asia dominates the trading market with over 36% of the total exports, followed by Europe with 34%.

While Asian, European, and North American countries have manufactured and technology products among their main exports, African and South American countries mostly export commodities such as oil, gold, diamonds, cocoa, timber, and precious metals.

A New Era of Deglobalization?

International trade grew immensely at the beginning of the 21st century, from $15.6 trillion in 2001 to $40.7 trillion in 2008.

Since then, protectionist trade policies such as taxes on foreign goods and import quotas have increased by 663%. Similarly, global trade as a percent of GDP has also stalled out, peaking in 2008 and going sideways ever since.
Despite many countries reducing their interdependence and integration in the post-COVID era, global exports are still set to grow by 70% between 2020 and 2030, reaching $29.7 trillion by 2030, according to Standard Chartered.

Source: https://www.visualcapitalist.com/cp/worlds-exports-by-country-one-chart/

cc mynd44, pansophist, gerrard59, lordadam16, nairaland1

Netherland?
I don't think so

Asia, must be the lead.
















Hmm
Africa, we have a long way to go.

The Netherlands has Oil, agriculture, largest ship manufacturer in the world hence, won't doubt that figure.

Alchemy528:
Netherland?
I don't think so

The whole Africa seems negligible in that circle.

Jeon:
Asia, must be the lead.
















Hmm
Africa, we have a long way to go.

How does Russia with not so much export volume, wield high might among the EU's? Her energy(oil, gas etc)?

Perhaps she largely account for the raw materials for EU industries.
@pansophist

Alchemy528:
Netherland?
I don't think so

Netherlands is the world's second largest exporter of foods, after the US, and that's just food. Only that tiny country handles Nigeria's peak milk, not to mention of others.

Don't underestimate the Netherlands.

Alchemy528:
Netherland?
I don't think so

Netherlands export at least $100bn worth of agric products yearly.

YoobaNesan:
How does Russia with not so much export volume, wield high might among the EU's? Her energy(oil, gas etc)?

Perhaps she largely accounts for the raw materials for EU industries.

It's a combination of many things. Russia is a successor state of the soviet union, has the largest landmass on earth, is a UNSC member, is a nuclear power, a resources and minerals powerhouse, a transcontinental country (with territories in Asia, Europe, and North America), defeated the Nazist, has the largest stockpile of nuclear warheads, etc.

Power is not only by economy. For example, Japan and Germany are among the world's top five economies but have no influence like Russia. For example, Elon Musk might be the world's richest man, but Biden has the power to make him poor as an almajiri tomorrow with the passing of a single law.

Money can bring power, but money is not power. Money is money, and power is power.

I don't see China losing that position any time soon, and I am surprised how the Indians have not been able to leapfrog past other countries, especially those with smaller populations. Also, I see Vietnam and Thailand rising if they can really prepare themselves to receive the factories from exporters who want access to the US market but not from China. But then, Malaysia and Thailand are presently production grounds for Japanese, Chinese and American companies, yet they don't feature on the list. This shows how competitive it is to be a major exporter.

To a great extent, geography is destiny. If Southern African and East African countries can put their houses in order, they should benefit from the outflows of investment from countries with high cost of labour. The UAE being a major exporter means Kenya can become a mid-level exporter if things are properly aligned. Being born into a landlocked country can mean one thing: being a citizen of a landlocked country where your neighbours are poor is a double whammy.

pansophist:


It's a combination of many things. Russia is a successor state of the soviet union, has the largest landmass on earth, is a UNSC member, is a nuclear power, a resources and minerals powerhouse, a transcontinental country (with territories in Asia, Europe, and North America), defeated the Nazist, has the largest stockpile of nuclear warheads, etc.

Power is not only by economy. For example, Japan and Germany are among the world's top five economies but have no influence like Russia. For example, Elon Musk might be the world's richest man, but Biden has the power to make him poor as an almajiri tomorrow with the passing of a single law.

Money can bring power, but money is not power. Money is money, and power is power.

To add, the Russians did not diversify their economies as the Chinese are doing. Oil provided free money, which the Russians could have used to deepen the expertise level of the citizenry further. The Russians are badass in mathematics, science, including literature, sports and arts. So, there is no how they could not have been a major economic power as China is today. Na the problem awuff cash dey cause - it makes one too comfortable.

Africa Is truly a landlocked continent.
I don't think she can escape this In a Millenium!

See where Africa is hiding. Chai

Africa my Africa. Africa my motherland. Africa, a land overflowing with dull and incompetent men.

Good info. Africa countries need to do more on exports

See small sized countries like Netherlands & Belgium o.. I'm shocked!

Alchemy528:
Netherland?
I don't think so

Netherlands agricultural exports took them to the list. As small as the Netherlands is, yet their export earnings dwarfs that of the whole African countries combined.

Biafra will be the first African country to make the list. Our manpower will manifest wholeheartedly once Biafra become independent nation.

Being the number one exporter of gas and oil in Africa will also boost our export like it did for UAE on the list. Our association with the cesspit called nigeria is detering our growth and potentials.

YoobaNesan:
The Netherlands has Oil, agriculture, largest ship manufacturer in the world hence, won't doubt that figure.

This is low key but very important for the world development… they make the machine that prints the advanced silicon semi conductors.

Most of the resources that accumulate the Europe exports are gotten from Africa

Purvan:
Most of the resources that accumulate the Europe exports are gotten from Africa

So why can't you the Africans make use of the same resources? Laziness!

BiafraInc:

So why can't you the Africans make use of the same resources? Laziness!

Corrupt leaders??

Africa has always been at a disadvantage.
Right from the the ages trade route has never favored the sub Sahara Africa and its not changing anytime soon.

Take a country like Nigeria with its corrupt leaders and resilient people and place it in Asia, I swear to you that will be top 3 Asia economy!!! Competing with China and India.

Trade routes and geopolitical location matters alot and for this Africa had been way behind for thousands of years and we can never match up.

Purvan:
Most of the resources that accumulate the Europe exports are gotten from Africa

False.
Europe has their own resources and export goods and services.
This feel good statement we always say to excuse our ineffectiveness has to change!!!

No one is holding Africa back!!!
Africa resources are not special!!!
Anything Africa think they have, other region have it in abundance!!!
It's time we start instituting benefiting transactional trade not wallowing in our mindless prideful ignorance!!!

Purvan:
Most of the resources that accumulate the Europe exports are gotten from Africa

Rubbish talk

Simeonjoe1:


False.
Europe has their own resources and export goods and services.
This feel good statement we always say to excuse our ineffectiveness has to change!!!

No one is holding Africa back!!!
Africa resources are not special!!!
Anything Africa think they have, other region have it in abundance!!!
It's time we start instituting benefiting transactional trade not wallowing in our mindless prideful ignorance!!!

Lovely comment

Simeonjoe1:


False.
Europe has their own resources and export goods and services.
This feel good statement we always say to excuse our ineffectiveness has to change!!!

No one is holding Africa back!!!
Africa resources are not special!!!
Anything Africa think they have, other region have it in abundance!!!
It's time we start instituting benefiting transactional trade not wallowing in our mindless prideful ignorance!!!

LMAO

Lithium that's used for production of EV in Europe , Where do you think it's gotten from ??

How many lithium, Cobalt mines are in Europe??

Purvan:



LMAO

Lithium that's used for production of EV in Europe , Where do you think it's gotten from ??

How many lithium, Cobalt mines are in Europe??

Americas, Australia, Asia has far more lithium than Africa...
If I want to invest in lithium I'll better go to a stable Asia country than a volatile Africa country where military can take over anytime and nationalize my business- screaming our resources....
Why people prefare our lithium is because it's cheaper, we just maximize this advantage,

BloomingDale:
Africa my Africa. Africa my motherland. Africa, a land overflowing with dull and incompetent men.

I thought we're now practicing gender equality? Why are you suddenly being a sexist?

Purvan:
Most of the resources that accumulate the Europe exports are gotten from Africa

This is a lie.

There's practically no single resource that's in Africa that's not in at least two other world continents. We just lack the capacity to put ours to good use because of greed and corruption.

pansophist:


It's a combination of many things. Russia is a successor state of the soviet union, has the largest landmass on earth, is a UNSC member, is a nuclear power, a resources and minerals powerhouse, a transcontinental country (with territories in Asia, Europe, and North America), defeated the Nazist, has the largest stockpile of nuclear warheads, etc.

Power is not only by economy. For example, Japan and Germany are among the world's top five economies but have no influence like Russia. For example, Elon Musk might be the world's richest man, but Biden has the power to make him poor as an almajiri tomorrow with the passing of a single law.

Money can bring power, but money is not power. Money is money, and power is power.

At the bolded, I prefer to see money and power this way-
Money can bring power and power can bring money.
Money is money.
Power is power.

But technically and in many ways, power almost always command/summons money at will. But not likewise for money.

Hence, I favour Power over Money.

What u What think is immaterial.

Alchemy528:
Netherland?
I don't think so

Simeonjoe1:


Americas, Australia, Asia has far more lithium than Africa...
If I want to invest in lithium I'll better go to a stable Asia country than a volatile Africa country where military can take over anytime and nationalize my business- screaming our resources....
Why people prefare our lithium is because it's cheaper, we just maximize this advantage,

The you have Lithium for sale please?