The statistic shows a ranking of the top 20 import countries worldwide in 2023. In 2023, the U.S. was the leading import country in the world with an import value of about **** trillion U.S. dollars. Import and export worldwide Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports. If the balance is positive, i.e. if the value of exports is higher than that of imports, it is called a trade surplus. If it is negative and import values exceed export values, it represents a trade deficit. Worldwide trade is regulated by the World Trade Organization (WTO). It provides a framework for trade agreements and helps in resolving disputes. Since its foundation in 1995, more than 150 countries have become members of the WTO and obligated themselves to follow its regulations. The worldwide export volume in trade since 1950 has tripled, and a similar development can be observed in the worldwide import trade volume since 1950. Europe is leading the ranking regarding the value of worldwide export volume of trade by region, but the value of goods exported by Asia is almost up to par. Both continents are also the top destination regions of inter-regional trade worldwide. The United States, China, and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment, and machinery. The volume of commodities traded worldwide has increased dramatically over the past few years.
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.
KAV 5680 cover memo. Visit https://dataone.org/datasets/sha256%3A7d5e686a157ff7f91773094f091fb2addd2f7458f345446fc4c7cfe8f2286521 for complete metadata about this dataset.
The Applied Regimes module provides information on applied measures affecting access to markets and conditions of operation by foreign service suppliers. It contains information on all service sectors, as well as horizonal measures. This module complies and organizes available information from WTO sources (e.g. TPR reports, DG monitoring reports, GATS notifications), as well as from such other publicly available sources as the World Bank, APEC, and UNCTAD. The database provides links to the original sources. It does not pretend to be exhaustive, but rather aims at facilitating access and search across already publicly available sources of information. There is no presumption that the information coming from these sources of information fully and accuratesly reflects the actual situation. Members are invited to provide feedback, including to report any inaccuracies. This module makes no attempt to rank or quantify levels of openness of Members' applied services policies.
The Applied Regimes module provides information on applied measures affecting access to markets and conditions of operation by foreign service suppliers. It contains information on all service sectors, as well as horizonal measures. This module complies and organizes available information from WTO sources (e.g. TPR reports, DG monitoring reports, GATS notifications), as well as from such other publicly available sources as the World Bank, APEC, and UNCTAD. The database provides links to the original sources. It does not pretend to be exhaustive, but rather aims at facilitating access and search across already publicly available sources of information. There is no presumption that the information coming from these sources of information fully and accuratesly reflects the actual situation. Members are invited to provide feedback, including to report any inaccuracies. This module makes no attempt to rank or quantify levels of openness of Members' applied services policies.
TIAS 10-420 cover memo. Visit https://dataone.org/datasets/sha256%3A258d18a2ead86f7cf4bd255b41fd3a2e5d3a38e8679c99e05ea4d6ef03b16694 for complete metadata about this dataset.
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.
The Applied Regimes module provides information on applied measures affecting access to markets and conditions of operation by foreign service suppliers. It contains information on all service sectors, as well as horizonal measures. This module complies and organizes available information from WTO sources (e.g. TPR reports, DG monitoring reports, GATS notifications), as well as from such other publicly available sources as the World Bank, APEC, and UNCTAD. The database provides links to the original sources. It does not pretend to be exhaustive, but rather aims at facilitating access and search across already publicly available sources of information. There is no presumption that the information coming from these sources of information fully and accuratesly reflects the actual situation. Members are invited to provide feedback, including to report any inaccuracies. This module makes no attempt to rank or quantify levels of openness of Members' applied services policies.
In 2023, the leading foreign company by revenue in Russia was Chery Automobile, a Chinese automotive manufacturer, having earned over 590 billion Russian rubles. Japan Tobacco International (JT Group) ranked second with a revenue of 480 billion Russian rubles. Following the Russian invasion of Ukraine, hundreds of Western companies exited the Russian market in 2022. What attracts foreign companies to Russia? With a population of over 144 million people, Russia has the ninth-largest consumer base in the world. Furthermore, the country ranks 11th by nominal gross domestic product (GDP) globally. Russia’s membership in the World Trade Organization (WTO) reduces trade barriers and eases trade for foreign and domestic business alike. Moreover, its special economic zones, of which there are currently 45, simplify the migration regime and offer tax preferences for organizations willing to do business in the region. Among the founding BRICS countries, Russia offers the lowest corporate tax rate of 20 percent, compared to 25 percent in China and 34 percent in Brazil. Exodus of foreign companies from Russia In response to the war in Ukraine that started in February 2022, foreign companies began limiting their business ventures or completely exiting the Russian market. In fact, all 10 of the most valuable brands worldwide have withdrawn, suspended, or scaled back their sales, shipments, or operations in the region. The exodus of international companies had a negative impact on employment in the country, whereas foreign brands were estimated to suffer profit losses. As of November 2022, the British energy company BP reported the highest loss of 24 billion U.S. dollars following its withdrawal from Russia.
The Applied Regimes module provides information on applied measures affecting access to markets and conditions of operation by foreign service suppliers. It contains information on all service sectors, as well as horizonal measures. This module complies and organizes available information from WTO sources (e.g. TPR reports, DG monitoring reports, GATS notifications), as well as from such other publicly available sources as the World Bank, APEC, and UNCTAD. The database provides links to the original sources. It does not pretend to be exhaustive, but rather aims at facilitating access and search across already publicly available sources of information. There is no presumption that the information coming from these sources of information fully and accuratesly reflects the actual situation. Members are invited to provide feedback, including to report any inaccuracies. This module makes no attempt to rank or quantify levels of openness of Members' applied services policies.
China bleibt im Jahr 2024 Exportweltmeister. China exportierte im Jahr 2024 Waren im Wert von rund 3,58 Billionen US-Dollar und ist damit mit weitem Abstand vor den USA (2,07 Billionen US-Dollar) und Deutschland (1,68 Billionen US-Dollar) das größte Exportland der Welt. Die Statistik zeigt die 20 größten Exportländer weltweit im Jahr 2024.
The Applied Regimes module provides information on applied measures affecting access to markets and conditions of operation by foreign service suppliers. It contains information on all service sectors, as well as horizonal measures. This module complies and organizes available information from WTO sources (e.g. TPR reports, DG monitoring reports, GATS notifications), as well as from such other publicly available sources as the World Bank, APEC, and UNCTAD. The database provides links to the original sources. It does not pretend to be exhaustive, but rather aims at facilitating access and search across already publicly available sources of information. There is no presumption that the information coming from these sources of information fully and accuratesly reflects the actual situation. Members are invited to provide feedback, including to report any inaccuracies. This module makes no attempt to rank or quantify levels of openness of Members' applied services policies.
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The statistic shows a ranking of the top 20 import countries worldwide in 2023. In 2023, the U.S. was the leading import country in the world with an import value of about **** trillion U.S. dollars. Import and export worldwide Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports. If the balance is positive, i.e. if the value of exports is higher than that of imports, it is called a trade surplus. If it is negative and import values exceed export values, it represents a trade deficit. Worldwide trade is regulated by the World Trade Organization (WTO). It provides a framework for trade agreements and helps in resolving disputes. Since its foundation in 1995, more than 150 countries have become members of the WTO and obligated themselves to follow its regulations. The worldwide export volume in trade since 1950 has tripled, and a similar development can be observed in the worldwide import trade volume since 1950. Europe is leading the ranking regarding the value of worldwide export volume of trade by region, but the value of goods exported by Asia is almost up to par. Both continents are also the top destination regions of inter-regional trade worldwide. The United States, China, and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment, and machinery. The volume of commodities traded worldwide has increased dramatically over the past few years.