Exports of goods and services (% of GDP) in World was reported at 29.32 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. World - Exports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2022, the global trade value of goods exported throughout the world amounted to approximately 24.9 trillion U.S. dollars at current prices. In comparison, this figure stood at around 6.45 trillion U.S. dollars in 2000. The rise in the value of goods exported around the world reflects developments in international trade, globalization, and advances in technology.

Export trade
Global trade refers to the exchange of capital, goods and services between different countries and territories. The export of trade goods refers to goods sold internationally which were grown, produced, or manufactured in another country.

Who are the leading importers and exporters of trade goods?
In 2021, China was the largest source of goods exported around the world, with total merchandise exports valuing approximately 3.37 trillion U.S. dollars. That year, China was responsible for almost 15 percent of all trade goods exported around the world. The United States was the second largest exporters of goods that year. The United States was the leading importer of merchandise in the world as of 2021. That year, the global superpower accounted for 13 percent of the world’s merchandise imports.

European Union - Exports of goods and services in % of GDP was 50.70 % of GDP in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Exports of goods and services in % of GDP - last updated from the EUROSTAT on July of 2025. Historically, European Union - Exports of goods and services in % of GDP reached a record high of 55.40 % of GDP in December of 2022 and a record low of 40.30 % of GDP in December of 2010.

The value of exports of China amounted to almost 3.4 trillion U.S. dollars in 2023, meaning that it was, by far, the country with the highest exports worldwide that year. China's export market The value of goods exported from China increased rapidly from 2020 to 2021. By 2021, China accounted for about 15 percent of global merchandise exports and about six percent of global service exports. The leading export products of China were machinery and transport equipment, with an export value of about 1.7 trillion U.S. dollars in 2022. U.S. export market The United States recorded an export value of over two trillion U.S. dollars in 2023, making it the world's second-largest exporter. The main trading partners of the U.S. are Canada, Mexico, and China. In 2022, among the products exported by the U.S., petroleum and coal saw the largest growth in export value at 60 percent. Texas and California were the top two U.S. states ranked by value of exports in 2023. Texas ranked first with exports valued at 444.5 billion U.S. dollars. As far as global imports are concerned, the United States was the leading country as of 2022, with an import value of about 3.4 trillion U.S. dollars.

Exports of goods and services (% of GDP) in China was reported at 20.02 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Exports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Shares of gross domestic product: Net exports of goods and services (A019RE1A156NBEA) from 1929 to 2024 about Shares of GDP, exports, Net, goods, services, GDP, and USA.

China: Exports of goods and services as percent of GDP: The latest value from 2024 is 20.02 percent, an increase from 19.1 percent in 2023. In comparison, the world average is 44.58 percent, based on data from 134 countries. Historically, the average for China from 1960 to 2024 is 14.7 percent. The minimum value, 2.45 percent, was reached in 1970 while the maximum of 35.53 percent was recorded in 2006.

U.S. exports for 2023 were 3.052 trillion US dollars, a 1.16% increase from 2022.

<ul style='margin-top:20px;'>

<li>U.S. exports for 2022 were <strong>3.017 trillion US dollars</strong>, a <strong>18.08% increase</strong> from 2021.</li>
<li>U.S. exports for 2021 were <strong>2.555 trillion US dollars</strong>, a <strong>18.79% increase</strong> from 2020.</li>
<li>U.S. exports for 2020 were <strong>2.151 trillion US dollars</strong>, a <strong>15.29% decline</strong> from 2019.</li>
</ul>Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

The average for 2023 based on 162 countries was 45.02 percent. The highest value was in Luxembourg: 217.77 percent and the lowest value was in Sudan: 1.11 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

Kenya: Exports of goods and services as percent of GDP: The latest value from 2024 is 11.14 percent, a decline from 11.69 percent in 2023. In comparison, the world average is 44.58 percent, based on data from 134 countries. Historically, the average for Kenya from 1960 to 2024 is 24.54 percent. The minimum value, 9.64 percent, was reached in 2020 while the maximum of 38.9 percent was recorded in 1993.

Germany: Exports of goods and services as percent of GDP: The latest value from 2023 is 43.4 percent, a decline from 45.78 percent in 2022. In comparison, the world average is 45.64 percent, based on data from 154 countries. Historically, the average for Germany from 1970 to 2023 is 28.56 percent. The minimum value, 14.49 percent, was reached in 1972 while the maximum of 45.78 percent was recorded in 2022.

In 2024, China exported approximately 3.58 trillion U.S. dollars worth of goods. This indicated an increase in export value of about 5.9 percent compared to the previous year. Export of goods from ChinaChina’s exports have been growing steadily over the past decade, with the exception of 2009 when financial crisis and global economic downturn slowed down global trade and 2016 witnessing another decrease in global demand. Apart from being the most populous country, China has also become the largest manufacturing economy and the largest exporter in the world. ASEAN, European Union, and United States were China's leading export partners in 2023. Machinery such as computers, broadcasting technology, and telephones as well as transport equipment make up the largest part of Chinese exports. This category amounted to approximately 1.65 trillion U.S. dollars in export value in 2023. When it comes to primary goods, food and live animals used for food are the main export products.

Graph and download economic data for Shares of gross domestic product: Exports of goods and services (B020RE1Q156NBEA) from Q1 1947 to Q1 2025 about Shares of GDP, exports, goods, services, GDP, and USA.

Germany exports for 2023 were 1.964 trillion US dollars, a 3.05% increase from 2022.

<ul style='margin-top:20px;'>

<li>Germany exports for 2022 were <strong>1.906 trillion US dollars</strong>, a <strong>2.76% increase</strong> from 2021.</li>
<li>Germany exports for 2021 were <strong>1.855 trillion US dollars</strong>, a <strong>20.19% increase</strong> from 2020.</li>
<li>Germany exports for 2020 were <strong>1.543 trillion US dollars</strong>, a <strong>7.99% decline</strong> from 2019.</li>
</ul>Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

This timeline shows the value of international U.S. exports of travel services from 2000 to 2024. In 2024, the value of international U.S. exports of travel services amounted to around 215.4 billion U.S. dollars.

The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

Bulgaria BG: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 66.376 USD bn in 2023. This records an increase from the previous number of 65.902 USD bn for 2022. Bulgaria BG: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 11.421 USD bn from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 66.376 USD bn in 2023 and a record low of 4.192 USD bn in 1991. Bulgaria BG: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bulgaria – Table BG.World Bank.WDI: Balance of Payments: Current Account. Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Since 2000, China has consistently been the largest exporter of goods among the BRICS countries, and its share of exports from the bloc has increased significantly. In the year 2000, China's share of BRICS exports was just over ** percent; in 2020, this share has risen to ** percent. Among the other BRICS countries, Russia has always had the second-largest share of exports, and South Africa the smallest, while India overtook Brazil in 2009.