The most important export world regions and countries

What are the most important international trade and export countries in the world?

Why is export trading the most important tool to expand your business?

The end of the twentieth century has brought increased integration of the economies of the world, creating untold opportunities for companies to develop worldwide markets. Once the province only of the very large organization, companies of all sizes are now actively engaged in international marketing.

The benefits of international marketing are many:

  • Exports mean additional customers. This means increased sales, which translate to higher profits.
  • Exporting gives geographic diversity. When there is a decline in the domestic economy, your export markets can still enable you to maintain or grow your sales.
  • Exporting often extends the life cycle of a product which may be maturing in your domestic market.
  • Marketing growth abroad often exceeds that at home. Export business often balances domestic factory loads because demands for products in foreign markets is often countercyclical to domestic markets.

Until recently, the U.S. business community has not been internationally minded and has not competed effectively for the world’s fastest growing markets.

But, 95% of the world’s population and two-thirds of its purchasing power are located outside of the United States. Since the United States suffers a trade deficit in excess of $100 billion annually, and since each $1 billion in exports is estimated to create 30,000 jobs, the federal government has become very active in promoting export business.

While large, multinational companies have the knowledge and resources to develop export markets, most mid-market and smaller companies do not. Small businesses account for 97% of the total number of establishments involved in direct merchandising activities. While these companies have usually planned strategic domestic marketing programs, much of their export activity is on a hit-or-miss, opportunistic basis. Exporting is used as an occasional fill-in when the domestic economy is slow, to temporarily utilize excess capacity, or to dispose of obsolete product. These activities do not lead to successful international marketing programs.

To succeed at developing international markets, companies should take the same planned approach that they would take to develop their domestic business. This involves assuring the customer that their products meet the needs of the market, are competitively priced, and are distributed in a manner that best suits the specific market.

Below, the most important export countries in the world in sequence of billion US Dollars in export trading volume. About 90% of total world trade carried out by the below 20 countries combined.

  1. China
  2. United States
  3. Germany
  4. Netherlands
  5. Japan
  6. Hong Kong
  7. South Korea
  8. Italy
  9. France
  10. Belgium
  11. Mexico
  12. United Kingdom
  13. Canada
  14. Singapore
  15. Taiwan
  16. Russian Federation
  17. Switzerland
  18. Spain
  19. United Arab Emirates
  20. Vietnam

Geographic Export Trade Regions of the World

1. Africa
2. Asia
3. Central America
4. Europe
5. European Union – EU
6. Middle East
7. North America
8. Oceania
9. South America
10. The Caribbean

1. Africa
1. Eastern Africa
2. Central Africa
3. Northern Africa
4. Southern Africa
5. Western Africa

1. Eastern Africa
Burundi
Comoros
Djibouti
Eritrea
Ethiopia
Kenya
Madagascar
Malawi
Mauritius
Mayotte
Mozambique
Reunion
Rwanda
Seychelles
Somalia
Tanzania
Uganda
Zambia
Zimbabwe

2. Central Africa
Angola
Cameroon
Central African Republic
Chad
Congo (Brazzaville)
Democratic Republic of Congo
Equatorial Guinea
GabonSão Tomé and Príncipe

3. Northern Africa
Algeria
Canary Islands
Egypt
Libya
Morocco
South Sudan
Tunisia
Western Sahara

4. Southern Africa
Botswana
Lesotho
Namibia
South Africa
Swaziland

5. Western Africa
Benin
Burkina Faso
Cape Verde
Cote D’Ivoire
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Mauritania
Niger
Nigeria
Saint Helena
Senegal
Sierra Leone
Togo

2. Asia
Afghanistan
Armenia
Azerbaijan
Bangladesh
Bhutan
Brunei Darussalam
Cambodia
China
Georgia
Hong Kong
India
Indonesia
Japan
Kazakhstan
North Korea
South Korea
Kyrgyzstan
Laos
Macao
Malaysia
Maldives
Mongolia
Myanmar
Nepal
Pakistan
Philippines
Singapore
Sri Lanka
Taiwan
Tajikistan
Thailand
Timor-Leste
Turkmenistan
Uzbekistan
Vietnam

3. Central America
Belize
Costa Rica
El Salvador
Guatemala
Honduras
Nicaragua
Panama

4. Europe (Exclusive EU – European Union)
Albania
Andorra
Belarus
Bosnia
European Union
Faroe Islands
Gibraltar
Guernsey and Alderney
Iceland
Jersey
Kosovo
Liechtenstein
Macedonia
The Isle of Man
Moldova
Monaco
Montenegro
Norway
Russia
San Marino
Serbia
Svalbard and Jan Mayen Islands
Switzerland
Turkey
United Kingdom (as of March 2019)
Ukraine

5. EU – European Union
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden

6. Middle East
Bahrain
Iraq
Iran
Israel
Jordan
Kuwait
Lebanon
Oman
Palestine
Qatar
Saudi Arabia
Syria
The United Arab Emirates
Yemen

7. The Americas
North America
Bermuda
Canada
Greenland
Saint Pierre and Miquelon
The United States

8. Oceania
Australia
Fiji
French Polynesia
Guam
Kiribati
Marshall Islands
Micronesia
New Caledonia
New Zealand
Papua New Guinea
Samoa
American Samoa
Solomon Islands
Vanuatu

9. South America
Argentina
Bolivia
Brazil
Chile
Colombia
Ecuador
French Guiana
Guyana
Paraguay
Peru
Suriname
Uruguay
Venezuela

10. Caribbean
Antigua & Barbuda
Aruba
Bahamas
Barbados
Cayman Islands
Cuba
Dominica
Dominican Republic
Grenada
Guadeloupe
Haiti
Jamaica
Martinique
Puerto Rico
Saint Barthélemy
St. Kitts & Nevis
St. Lucia
St. Vincent and the Grenadines
Trinidad & Tobago
Turks & Caicos Islands
Virgin Islands