EXPORTERS

Electronic products are the most exported commodity in the world, especially since the 2020s pandemic. Rising demand for electronic products such as laptops, mobile phones, cellular networks, headgears, webcams and more propelled the industry to a larger extent than any other commodity worldwide. Electronic products trade totalled $7.0 trillion in the year 2021.

The machinery industry, specifically machine tools, are the highest growing industry consistently for years and attain an average growth rate of 5% each year. Governments of countries around the world invest substantially in industrial machinery and manufacturing units in either domestic or international locations. Global trade of industrial machinery in 2021 totalled about $5.0 trillion.

The energy sector requires the highest amount of energy through the means of fossil fuels and biomass. More traditionally, extracting energy from minerals/fossil fuels is more common than biofuel, which is extracted from edible plants/sources. Global exports of mineral fuels and oils totalled a worth of $5.0 trillion for the year 2021.

Vehicles trade has grown exponentially in the past few years, especially after the pandemic of COVID-19 in 2020. Automobile exports between countries are growing further as the cost of transportation and convenience of transportation have increased with the growing living standard of high-income countries. Vehicles and its parts’ trade totalled $2.9 trillion for the year 2021.

Plastics, Optical or Medical Instruments, Organic Chemicals, Iron & Steel are also some of the highest exported commodities for the year 2021 and will be found in our trade intelligence platform online with integrated datasets.