Comparison of Export Values by Country, 1970 to 2023

Export Values: The total value of goods and services sold by a country to foreign countries. It reflects the country's economic status and its competitiveness in international trade.

United States of America

The United States is the world's largest economy. In 1970, the U.S. had an export value of $59.7 billion, which skyrocketed to $2.02 trillion in 2023. This 3,382% increase is largely due to exports of technology products, aircraft, and agricultural goods.

Germany

Germany is the largest economy in Europe. In 1970, Germany's export value was $32.65 billion, which increased to $1.69 trillion in 2023. This 5,173% rise is mainly due to the export of automobiles and machinery.

China

China is one of the fastest-growing economies in the world. In 1970, China's export value was $2.31 billion, which exploded to $3.39 trillion in 2023. This astonishing 146,873% increase is due to low-cost production and the massive expansion of its manufacturing sector.

Republic of Korea

South Korea is renowned for its rapid economic growth. In 1970, the country's export value was $1.03 billion, but by 2023, it had surged to $632.23 billion. This remarkable 61,376% increase is primarily attributed to the export of high-value products such as electronics, automobiles, and ships.

Japan

Japan is one of the world's leading economic powers. In 1970, Japan's export value was $22.03 billion, which rose to $717.56 billion in 2023. This represents a 3,258% increase, driven mainly by the growth of the automotive and electronics industries.

France

France is a major economy in Europe. In 1970, France's export value was $23.73 billion, which rose to $634.84 billion in 2023. This 2,676% increase is mainly attributed to the export of aircraft, cosmetics, and agricultural products.

Italy

Italy is one of the economic powerhouses in Europe. In 1970, Italy's export value was $17.19 billion, which grew to $677.04 billion in 2023. This represents a 3,938% increase, driven by exports of fashion, automobiles, and machinery.

United Kingdom

The United Kingdom is a global economic leader. In 1970, the UK's export value was $28.78 billion, which increased to $519.37 billion in 2023. This 1,804% rise is mainly due to the growth of financial services, automobiles, and the aviation industry.

India

India is one of the fastest-growing economies. In 1970, India's export value was $2.36 billion, which surged to $452.68 billion in 2022. This 19,171% increase is largely driven by IT services, textiles, and jewelry exports.

Brazil

Brazil is a key economy in South America. In 1989, Brazil's export value was $38.04 billion, which rose to $339.67 billion in 2023. This 894% increase is primarily due to exports of agricultural products, iron ore, and oil.