{"id":3137,"date":"2023-10-09T03:47:02","date_gmt":"2023-10-09T03:47:02","guid":{"rendered":"https:\/\/web.vietjetaircargo.com\/?p=3137"},"modified":"2023-10-09T03:47:03","modified_gmt":"2023-10-09T03:47:03","slug":"all-of-the-worlds-exports-by-country-in-one-chart","status":"publish","type":"post","link":"https:\/\/vietjetaircargo.com\/?p=3137&lang=en","title":{"rendered":"All of the world’s exports by country, in one chart"},"content":{"rendered":"
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All of the World\u2019s Exports by Country, in One Chart<\/h4>\n\n\n\n

In 2022, the total export value of global goods reached nearly $25 trillion<\/strong>.<\/p>\n\n\n\n

With the evolution of international trade, the effects of globalization, and progress in technology, global trade has increased by around 300%<\/strong> over the last 20 years.<\/p>\n\n\n\n

This visualization by\u00a0Truman Du<\/strong>\u00a0uses data from the World Trade Organization o chart the world\u2019s top exporters by country.<\/p>\n\n\n\n

China is Still the \u201cWorld\u2019s Factory\u201d<\/h4>\n\n\n\n

The world\u2019s largest 11 exporters shipped out $12.8 trillion of goods in 2022, more than the rest of the world combined ($12.1 trillion).<\/p>\n\n\n\n

The list is headed by\u00a0China<\/strong>, with $3.6 trillion or 14% of total exports. The country has been the largest exporter of goods in the world since 2009.<\/p>\n\n\n

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In 2022, the top products\u00a0exported from China by value were phones (including smartphones), computers, optical readers, integrated circuits, solar power diodes, and semiconductors.<\/p>\n\n\n\n

Two of China\u2019s primary trading partners are neighboring countries Japan and South Korea.<\/p>\n\n\n\n

Mexico Surpasses China as America\u2019s Largest Trading Partner<\/h4>\n\n\n\n

China has built up significant trade relations with the European Union and the United States, two of the world\u2019s largest markets for goods.<\/p>\n\n\n\n

However, recent trade tensions have led to China losing its status as the United States\u2019 biggest trading partner in 2023.<\/p>\n\n\n\n

Mexico<\/strong>\u00a0has 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.<\/p>\n\n\n

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The U.S. itself is the world\u2019s second largest goods exporter, with over $2 trillion annually.<\/p>\n\n\n\n

Canada<\/strong> 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.<\/p>\n\n\n\n

The top exports\u00a0of the United States are refined petroleum, petroleum gas, crude petroleum, cars, and integrated circuits.<\/p>\n\n\n\n

The Regional View of Exports by Country<\/h4>\n\n\n\n

From a regional perspective, it\u2019s clear Asia dominates the trading market with over 36% of the total exports, followed by Europe with 34%.<\/p>\n\n\n

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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.<\/p>\n\n\n\n

A New Era of Deglobalization?<\/h4>\n\n\n\n

International trade grew immensely\u00a0at the beginning of the 21st century, from $15.6 trillion in 2001 to $40.7 trillion in 2008.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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\u00a0by 2030, according to Standard Chartered.<\/p>\n\n\n\n

Source: visualcapitalist.com<\/p>\n","protected":false},"excerpt":{"rendered":"

All of the World\u2019s Exports by Country, in One Chart 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 by\u00a0Truman Du\u00a0uses data from the World Trade […]<\/p>\n","protected":false},"author":2,"featured_media":3138,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-3137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc"],"_links":{"self":[{"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=\/wp\/v2\/posts\/3137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3137"}],"version-history":[{"count":4,"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=\/wp\/v2\/posts\/3137\/revisions"}],"predecessor-version":[{"id":3149,"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=\/wp\/v2\/posts\/3137\/revisions\/3149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=\/wp\/v2\/media\/3138"}],"wp:attachment":[{"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietjetaircargo.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}