World | Merchandise exports (current US$)
Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
World
Records
63
Source
World | Merchandise exports (current US$)
122820384160.01 1960
128232724358.15 1961
133931052055.39 1962
146809058428.3 1963
165019071432.19 1964
178966125929.58 1965
195894282520.1 1966
206817540418.8 1967
229949781910.54 1968
262557584432.08 1969
301911754955.84 1970
338152052319.74 1971
400202350647.67 1972
555695611169.39 1973
815265083004.55 1974
845110057712.64 1975
956922704956.97 1976
1086057473177.7 1977
1258986358095.6 1978
1604760606547.1 1979
1973494669424.9 1980
1952140389462.6 1981
1808557311241.7 1982
1759674985770.9 1983
1876109531343.8 1984
1896147810373.3 1985
2067438534554.9 1986
2436804653853.9 1987
2795216384547.9 1988
3032857921671 1989
3462445469371.9 1990
3547841984277.4 1991
3804565992098.9 1992
3811139066948.8 1993
4344915788871 1994
5183912940177.2 1995
5433330810609.5 1996
5629118233979.5 1997
5528699708910.5 1998
5749005274771.6 1999
6487130667802.8 2000
6227430926418.9 2001
6533845542372.7 2002
7630347626992 2003
9270817883264.1 2004
10564709718056 2005
12192991976875 2006
14102762064284 2007
16250173046828 2008
12627961553285 2009
15378953626075 2010
18430182523394 2011
18602212388040 2012
19052066890603 2013
19091163922869 2014
16635598196825 2015
16115390496806 2016
17828970820337 2017
19646884978553 2018
19111212867572 2019
17740398225219 2020
22476663774627 2021
25049034441253 2022
World | Merchandise exports (current US$)
Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
World
Records
63
Source