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These goods can be entirely customized and unique, but more often they are things like commodities or bulk goods that get moved around on huge container ships from country to country. Included in this latter category would be common exports like crude oil, automobiles, iron ore, pharmaceuticals, and smartphones. Which goods get traded the most, and what countries play the most important roles in these deals?
Here are the good categories, along with the total dollar value and percentage of total exports that each category represents on the global market. Oil also stands out as a key commodity: The United States is the biggest importer for 12 of the 18 trade categories, including the largest ones: This is because both are highly specialized categories — the U.
Germany is a top exporter of autos, vehicle parts, and pharmaceuticals, while Switzerland is the number one importer and exporter of gold. Lastly, China is the biggest exporter for five of the 18 trade categories: Jeff DesjardinsFounder and editor of Visual Capitalist. This article is written in collaboration with Visual Capitalist. The views expressed in this article are those of the author alone and not the World Economic Forum.
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