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World's Top 20 Biggest Exporters By Country (US$ Millions)

Attribution 4.0 International (CC BY 4.0)World Trade Organization
Economicsearthcountryeconomicsexportstrade

Mapping the World's Top 20 Exporters by Country

In the year 2022, the global export industry achieved a remarkable milestone, with the total value of exported goods approaching an impressive $25 trillion. This remarkable growth can be attributed to the dynamic forces of international trade, the enduring impact of globalization, and the continuous advancement of technology. Over the past two decades, global trade has surged by approximately 300%, reshaping the landscape of economies worldwide.



Analysis of Top 20 Exporting Countries in 2022:

  1. China retained its dominant position as the world's leading exporter with an astounding total merchandise export value of $3.6 trillion, securing the top rank.
  2. The United States followed closely behind, ranking second with total exports valued at $2.1 trillion, reflecting its significant role in global trade.
  3. Germany, renowned for its manufacturing prowess, stood firm in the third position, with total exports worth $1.7 trillion.
  4. The Netherlands occupied the fourth spot, with a total merchandise export value of $966.7 billion, highlighting its vital role as a major trading hub.
  5. Japan clinched the fifth position with exports valued at $746 billion, showcasing its enduring prominence in global commerce.
  6. South Korea ranked sixth, with an impressive $683.5 billion in exports, illustrating its continued growth as an export-oriented economy.
  7. Italy secured the seventh position, with a total merchandise export value of $657 billion, further solidifying its position as a global exporter.
  8. Belgium followed closely behind in eighth place, with exports amounting to $635.2 billion, emphasizing its significance in European and international trade.
  9. France ranked ninth, with total exports reaching $617.9 billion, underscoring its contribution to the global export landscape.
  10. Hong Kong rounded up the top ten, with total exports valued at $609.9 billion, bolstering its position as a major Asian trading center.
  11. Canada claimed the eleventh spot, with a total export value of $599.1 billion, emphasizing its economic influence in North America.
  12. Russia secured the twelfth position, with exports valued at $588.3 billion, reflecting its role as a significant global supplier.
  13. Mexico occupied the thirteenth spot, with a total merchandise export value of $578.2 billion, highlighting its importance in North American trade.
  14. The United Arab Emirates ranked fourteenth, with exports amounting to $532.8 billion, showcasing its role as a trading hub in the Middle East.
  15. The United Kingdom claimed the fifteenth position, with a total export value of $530.2 billion, maintaining its status as a major exporter despite geopolitical changes.
  16. Singapore secured the sixteenth spot, with total exports of $515.8 billion, emphasizing its strategic location in Southeast Asia.
  17. Taiwan ranked seventeenth, with total exports reaching $477.7 billion, highlighting its continued presence as a vital player in global supply chains.
  18. India secured the eighteenth position, with a total merchandise export value of $453.4 billion, showcasing its expanding role in international trade.
  19. Spain occupied the nineteenth spot, with exports valued at $418.4 billion, reaffirming its position as a significant European exporter.
  20. Australia completed the top twenty, with total exports amounting to $412.6 billion, reflecting its diverse and resource-rich economy on the global stage.

These figures underscore the diverse and dynamic nature of global trade, with each of these top exporting countries contributing significantly to the interconnected web of international commerce.