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China is leading export countries worldwide in 2023

(2024-07-26 06:49:04) 下一個

"Leading export countries worldwide in 2023 (in billion U.S. dollars)"
 
by Einar Haarr Dyvik , Statista, 17 Jun 2024

[Einar H. Dyvik covers economy, politics, and society from a global perspective. He takes a particular interest in democracy and democratization processes as well as peace, conflict, and security-related issues. Einar also covers the Nordic countries and holds an M.A. in Political Science.]

"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 trasport 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 the 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."

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