The world’s largest exporter by value, mainland China exported an estimated US$3.369 trillion worth of goods around the globe in 2021. That dollar amount reflects a 48.3% gain since 2017 and a 30.1% acceleration from 2020 to 2021. The value of China’s total exports also represents 19.2% of overall global exports (based on the total $17.503 trillion for 2020). Applying a … [Read more...] about China’s Top Trading Partners
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Russia’s Top Trading Partners
Based on the latest international trade map data, Russia exported US$491.6 billion worth of merchandise around the globe in 2021. That dollar amount reflects a 37.7% expansion since 2017 and a 45.8% increase from 2020 to 2021. By value, Russia generates about 2.3% of the world’s overall product exports estimated at $17.503 trillion one year earlier in 2020. Officially named … [Read more...] about Russia’s Top Trading Partners
Japan’s Top Trading Partners
The world’s fourth-largest exporter behind China, America and Germany, Japan shipped US$756 billion worth of goods around the globe in 2021. That dollar amount reflects a 17.9% gain since 2020 and an 8.3% increase from 2017 to 2021. Known as the Land of the Rising Sun, Japan is a major economic and political power in Asia. Mainland China was the number one purchaser of … [Read more...] about Japan’s Top Trading Partners
America’s Top Trading Partners
In 2021, the United States sold $1.754 trillion worth of goods shipped to international markets. That dollar amount reflects a 23.1% increase compared to $1.425 trillion for total global exports from all countries one year earlier in 2020. From a continental perspective, 33.4% of exports from the United States by value was delivered to its fellow North American trade … [Read more...] about America’s Top Trading Partners
Hong Kong’s Top Trading Partners
Nicknamed Pearl of the Orient, Hong Kong is a special administrative region in the People’s Republic of China located on China’s south coast. Hong Kong exported US$672 billion worth of goods around the world in 2021. That dollar amount reflects a 22.2% gain since 2017 and a 21.9% uptick from 2020 to 2021. Hong Kong is a trading hub heavily involved in re-exporting. Even … [Read more...] about Hong Kong’s Top Trading Partners