Trade: export value worldwide 1950-2022
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.
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.
