Exports (USD billion)
Exports are defined as movable goods produced within the boundaries of one country, which are traded with another country. The sale of these goods generates foreign currency earnings in the country that produces them and boosts its economic growth. The greater the proportion of exports in relation to a country’s Gross Domestic Product (GDP), the larger the boost will be to overall growth when overseas demand increases. Demand for exports is subject to economic conditions in foreign countries as well as prices, quality perception and reliability. In addition, a country’s production and flow of exports depend on trade restrictions, such as tariffs or quotas, and on subsidies, both domestically and abroad.
The table below shows the value of exports in U.S. dollar (USD) billions by country for the last five years.
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Exports Data
| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Albania | 2.5 | 1.9 | 2.0 | 2.3 | - |
| Algeria | 60.1 | 34.6 | 29.3 | 34.6 | - |
| Angola | 59.2 | 33.2 | 27.6 | 34.6 | - |
| Argentina | 68.4 | 56.8 | 57.9 | 58.6 | - |
| Armenia | 1.7 | 1.6 | 1.9 | 2.4 | - |
| Australia | 240 | 188 | 192 | 231 | - |
| Austria | 173 | 144 | 145 | 159 | - |
| Azerbaijan | 28.3 | 15.6 | 13.2 | 15.2 | - |
| Bahrain | 23.4 | 16.5 | 12.8 | 15.3 | - |
| Bangladesh | 29.8 | 30.7 | 33.4 | 34.0 | - |
| Belarus | 35.4 | 26.2 | 23.1 | 28.7 | - |
| Belgium | 486 | 399 | 400 | 435 | - |
| Belize | 0.6 | 0.5 | 0.4 | 0.5 | - |
| Bolivia | 12.8 | 8.7 | 7.0 | 8.1 | - |
| Bosnia and Herzegovina | 4.8 | 4.1 | 4.4 | 5.4 | - |
| Botswana | 8.7 | 6.5 | 7.4 | 6.0 | - |
| Brazil | 225 | 191 | 185 | 218 | - |
| Brunei | 11.1 | 6.1 | 4.8 | 5.5 | - |
| Bulgaria | 28.8 | 24.4 | 25.7 | 30.7 | - |
| Cambodia | 8.2 | 9.4 | 10.3 | 11.3 | - |
| Canada | 479 | 410 | 394 | 423 | - |
| Chile | 75.1 | 62.0 | 60.7 | 68.9 | - |
| China | 2,342 | 2,273 | 2,098 | 2,263 | - |
| Colombia | 56.9 | 38.6 | 34.1 | 39.7 | - |
| Costa Rica | 9.1 | 9.2 | 9.9 | 10.6 | - |
| Cote d'Ivoire | 12.6 | 12.6 | 10.7 | 12.5 | - |
| Croatia | 13.8 | 12.8 | 13.7 | 15.8 | - |
| Cyprus | 3.4 | 3.4 | 3.0 | 3.4 | - |
| Czech Republic | 147 | 128 | 131 | 146 | - |
| DR Congo | - | - | - | - | - |
| Denmark | 111 | 94.6 | 94.7 | 101 | - |
| Dominican Republic | 9.9 | 9.4 | 9.8 | 10.1 | - |
| Ecuador | 25.7 | 18.3 | 16.8 | 19.1 | - |
| Egypt | 26.1 | 22.2 | 18.7 | 21.7 | - |
| El Salvador | 5.3 | 5.5 | 5.4 | 5.8 | - |
| Estonia | 16.0 | 12.8 | 13.2 | 14.5 | - |
| Ethiopia | 3.4 | 2.9 | 2.8 | 3.0 | - |
| Eurozone | 2,617 | 2,347 | 2,340 | 2,537 | - |
| Finland | 77.8 | 59.3 | 59.1 | 68.0 | - |
| France | 582 | 522 | 521 | 558 | - |
| Georgia | 4.0 | 3.0 | 2.9 | 3.6 | - |
| Germany | 1,479 | 1,291 | 1,298 | 1,419 | - |
| Ghana | 13.2 | 10.3 | 11.1 | 13.8 | - |
| Greece | 35.7 | 27.5 | 27.2 | 31.6 | - |
| Guatemala | 11.0 | 10.8 | 10.6 | 11.1 | - |
| Haiti | 1.0 | 1.0 | 1.0 | 1.0 | - |
| Honduras | 8.1 | 8.2 | 8.0 | 8.6 | - |
| Hong Kong | 474 | 465 | 462 | 498 | - |
| Hungary | 113 | 100 | 103 | 113 | - |
| Iceland | 5.2 | 4.7 | 4.4 | 5.1 | - |
| India | 311 | 262 | 275 | 305 | - |
| Indonesia | 176 | 150 | 145 | 169 | - |
| Iran | 89.0 | 63.0 | 84.0 | 98.1 | - |
| Iraq | 85.4 | 51.3 | 41.3 | 57.6 | - |
| Ireland | 123 | 125 | 131 | 139 | - |
| Israel | 64.2 | 57.2 | 56.3 | 59.0 | - |
| Italy | 531 | 457 | 461 | 506 | - |
| Jamaica | 1.4 | 1.3 | 1.2 | 1.4 | - |
| Japan | 703 | 624 | 632 | 686 | - |
| Jordan | 8.4 | 7.8 | 7.5 | 7.5 | - |
| Kazakhstan | 79.1 | 44.8 | 35.5 | 47.3 | - |
| Kenya | 6.1 | 5.9 | 5.7 | 5.7 | - |
| Korea | 573 | 527 | 495 | 574 | - |
| Kosovo | 0.4 | 0.4 | 0.3 | 0.4 | - |
| Kuwait | 106 | 54.2 | 46.6 | 55.1 | - |
| Kyrgyzstan | 2.5 | 1.6 | 1.6 | 1.8 | - |
| Laos | 3.3 | 3.7 | 4.2 | 4.9 | - |
| Latvia | 13.8 | 11.7 | 11.6 | 13.2 | - |
| Lebanon | 4.6 | 4.0 | 3.9 | 4.0 | - |
| Lithuania | 32.5 | 24.9 | 24.4 | 29.3 | - |
| Luxembourg | 15.6 | 13.0 | 13.2 | 14.4 | - |
| Malaysia | 234 | 199 | 190 | 218 | - |
| Malta | 3.5 | 3.0 | 2.8 | 3.4 | - |
| Mexico | 397 | 381 | 374 | 409 | - |
| Moldova | 1.8 | 1.5 | 1.5 | 1.9 | - |
| Mongolia | 5.8 | 4.7 | 4.9 | 6.2 | - |
| Montenegro | 0.5 | 0.4 | 0.4 | 0.4 | - |
| Morocco | 19.9 | 18.6 | 19.1 | 21.5 | - |
| Mozambique | 3.9 | 3.4 | 3.3 | 4.7 | - |
| Myanmar | 10.0 | 10.0 | 9.2 | 9.8 | - |
| Netherlands | 577 | 465 | 468 | 526 | - |
| New Zealand | 41.6 | 34.3 | 33.8 | 38.1 | - |
| Nicaragua | 2.7 | 2.4 | 2.2 | 2.5 | - |
| Nigeria | 82.6 | 45.9 | 34.7 | 45.8 | - |
| North Macedonia | 3.7 | 3.4 | 3.9 | 4.6 | - |
| Norway | 145 | 104 | 89.3 | 104 | - |
| Oman | 53.5 | 35.6 | 27.5 | 32.8 | - |
| Pakistan | 25.1 | 24.1 | 22.0 | 22.0 | - |
| Panama | 16.8 | 14.2 | 12.9 | 13.8 | - |
| Paraguay | 13.1 | 11.1 | 12.0 | 13.4 | - |
| Peru | 39.5 | 34.4 | 37.1 | 45.4 | - |
| Philippines | 62.1 | 58.8 | 57.4 | 68.7 | - |
| Poland | 211 | 191 | 196 | 228 | - |
| Portugal | 64.0 | 55.1 | 55.3 | 62.0 | - |
| Puerto Rico | 62.3 | 69.5 | 71.7 | 71.1 | - |
| Qatar | 127 | 77.3 | 57.3 | 67.4 | - |
| Romania | 71.8 | 60.8 | 63.8 | 71.4 | - |
| Russia | 497 | 341 | 282 | 353 | - |
| Saudi Arabia | 342 | 204 | 184 | 222 | - |
| Serbia | 14.2 | 12.6 | 14.2 | 15.9 | - |
| Singapore | 451 | 396 | 372 | 409 | - |
| Slovakia | 82.9 | 69.5 | 74.3 | 80.8 | - |
| Slovenia | 31.4 | 26.8 | 27.8 | 32.5 | - |
| South Africa | 94.9 | 84.7 | 76.2 | 90.3 | - |
| Spain | 329 | 279 | 283 | 316 | - |
| Sri Lanka | 11.1 | 10.6 | 10.3 | 11.4 | - |
| Sweden | 179 | 152 | 152 | 165 | - |
| Switzerland | 312 | 291 | 303 | 299 | - |
| Taiwan | 320 | 285 | 280 | 317 | - |
| Tajikistan | 0.5 | 0.6 | 0.7 | 0.9 | - |
| Tanzania | 5.2 | 5.3 | 5.0 | 4.5 | - |
| Thailand | 227 | 213 | 214 | 233 | - |
| Trinidad and Tobago | 15.0 | 11.4 | 8.3 | 9.4 | - |
| Tunisia | 16.7 | 14.1 | 13.6 | 14.3 | - |
| Turkey | 169 | 152 | 150 | 166 | - |
| Turkmenistan | 11.4 | 9.6 | 7.7 | 7.6 | - |
| USA | 1,636 | 1,511 | 1,457 | 1,554 | - |
| Uganda | 2.7 | 2.7 | 2.9 | 3.4 | - |
| Ukraine | 50.6 | 35.4 | 33.6 | 39.7 | - |
| United Arab Emirates | 343 | 300 | 295 | 314 | - |
| United Kingdom | 512 | 466 | 413 | 441 | - |
| Uruguay | 13.8 | 11.1 | 10.4 | 10.8 | - |
| Uzbekistan | 6.4 | 5.4 | 8.6 | 10.2 | - |
| Venezuela | 74.7 | 37.2 | 27.4 | 34.0 | - |
| Vietnam | 150 | 162 | 177 | 215 | - |
| Yemen | 2.5 | 0.5 | 0.2 | 0.4 | - |
| Zambia | 10.2 | 7.4 | 6.5 | 8.2 | - |
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Exports Economic News
Indonesia: Exports bounce back in December; imports continue to decline
January 15, 2020
According to Statistics Indonesia, the country posted a trade deficit of USD 28 million in December, markedly smaller than the USD 470 million deficit expected by market analysts and the USD 1.1 billion deficit a year prior.
China: Trade data improves significantly in December
January 14, 2020
In December, exports rose 7.9% over the same month in 2019, contrasting the 1.3% drop in November.
Indonesia: Exports and imports continue to fall in November, trade balance turns negative
December 16, 2019
According to Statistics Indonesia, the country recorded a trade deficit of USD 1.3 billion in November, larger than market expectations of a USD 0.1 billion deficit, but smaller than the USD 2.1 billion deficit recorded in the same month of 2018.
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