Which Country Has The Largest Share Of Total World Exports?

by | Last updated on January 24, 2024

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China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world.

Who have the largest share of world trade?

Market Trade (US$ Mil) Partner share(%) United States 2,364,009 12.95 China 1,655,913 9.07 Germany 1,159,059 6.35 United Kingdom 669,329 3.67

Who is the world’s top exporting country?

Characteristic Value in billion U.S. dollars China 2,591.12 United States 1,431.64 Germany 1,380

Who is the world’s largest exporter?

China . Aside from the European Union, China is the world’s largest exporter. In 2017, China exported an estimated $2.16 trillion worth of goods and services, primarily electronic equipment and machinery. This comprised about 19.6% of China’s total GDP that year.

Who is Israel’s biggest trading partner?

In 2019, Israel major trading partner countries for exports were United States, United Kingdom, China, Bunkers and Hong Kong , China and for imports they were United States, China, Bunkers, Germany and Turkey.

What country has the best trade?

Rank Country Exports — Total, All Countries 1,578.9 — Total, Top 15 Countries 1,078.7 1 Canada 300.3 2 China 122.0

What are the top 5 exporting countries?

The top 10 export countries are China, United States, Germany, Japan, Netherlands, Hong Kong, South Korea, Italy, France and Belgium . Collectively, those leading exports-based economies represent over half (52.3%) of total exports by value from all countries.

What is India’s main export?

Exports The top exports of India are Refined Petroleum ($39.2B) , Diamonds ($22.5B), Packaged Medicaments ($15.8B), Jewellery ($14.1B), and Cars ($7.15B), exporting mostly to United States ($55.3B), United Arab Emirates ($28.6B), China ($17.4B), Hong Kong ($11.5B), and Singapore ($9.53B).

Which country has highest import?

NO. COUNTRY YEARLY IMPORTS VALUE 1 UNITED STATES $2.35 trillion 2 CHINA $1.89 trillion 3 GERMANY $1.10 trillion 4 JAPAN $625 billion

What is China’s main export to the US?

The United States

The top goods exported from China to the U.S. and their total values for 2018 were electrical machinery ($152 billion) , machinery ($117 billion), furniture and bedding ($35 billion), toys and sports equipment ($27 billion), and plastics ($19 billion).

What is the most exported good in the world?

Rank Product 2020 Exports Sales (US$) 1. Integrated circuits/microassemblies $783,648,029,000 2. Cars $624,851,706,000 3. Crude oil $547,089,508,000 4. Phone system devices including smartphones $543,408,867,000

Which country is the largest exporter of rice in the world?

In a data released by the Bangkok based Thai Rice Exporters Association, India has beaten Thailand to become the largest exporter of rice in the world.

What is Israel’s #1 export?

Diamonds are the biggest export market of Israel and account for 18.1% of their total exports. Israel is the fourth-largest exporter of diamonds in the world and has a 9.25% share of a global market that is worth $116 billion annually.

What is Israel’s biggest export?

Statistics Ease-of-doing-business rank 35th (very easy, 2020) External Exports $105.0 billion (2019 est.) Export goods Cut diamonds , refined petroleum, pharmaceuticals, machinery and equipment, medical instruments, computer hardware and software, agricultural products, chemicals, textiles and apparel.

What is Israel’s biggest industry?

  • High-technology. Israel’s technology sector is growing faster than any other industry in the country. ...
  • Manufacturing. ...
  • Diamond Industry. ...
  • Agriculture. ...
  • Tourism. ...
  • Transportation.

Which two countries trade the most?

Rank Country Imports — Total, All Countries 1,574.3 — Total, Top 15 Countries 1,224.8 1 Mexico 218.3 2 Canada 198.2
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.