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Global trade visualization showing China as the dominant exporter with $3.4 trillion in annual exports, representing 17% of global trade. The United States leads imports with $3.0 trillion. Major trade corridors include China-USA ($690B), Germany-France ($198B), and Japan-China ($371B). The Asia-Pacific region accounts for 56% of global trade volume, with Europe representing 23% through integrated EU markets. Total global trade volume reached $22.7 trillion in 2023 across 226 countries and territories.

$22.66T

Global Trade Volume (2023)

2023 Data β€’ Latest Available from CEPII BACIData is updated annually and represents the most recent comprehensive global trade statistics available from the CEPII BACI database, covering bilateral trade flows between all countries

226

Countries Analyzed

17.1%

China's Global Share

$1.1T

USA Trade Deficit

29 Years

Historical Coverage

Quick Trade Facts

$3.4T
China exports annually
$3.0T
USA imports annually
$823B
Largest trade surplus
45K+
Daily trade flows

Global Trade Powerhouses

Understanding the world's largest bilateral trade relationships reveals the interconnected nature of the global economy. These trade corridors represent the backbone of international commerce, facilitating the exchange of $22.7 trillion annually.

China flag⟷USA flagChina-USA bilateral trade relationship: $690 billion total trade volume with China exporting $382 billion to USA and USA exporting $308 billion to China, resulting in $74 billion trade surplus for China
$690B
Annual Trade Volume

China ↔ United States

The China-USA trade relationship represents the world's largest bilateral trade partnership, with $690 billion in total trade volume. Despite ongoing trade tensions and tariff implementations since 2018, this economic corridor remains fundamental to global supply chains.

$382B
China β†’ USA
Electronics, machinery, textiles
$308B
USA β†’ China
Aircraft, soybeans, semiconductors

Trade Balance: China maintains a $74 billion trade surplus with the US, down from $346 billion in 2018 due to trade war impacts and supply chain diversification efforts.

Germany flag⟷France flagGermany-France bilateral trade relationship: $198 billion total trade volume representing Europe's most important economic partnership, with Germany exporting $112 billion to France and France exporting $86 billion to Germany
$198B
Annual Trade Volume

Germany ↔ France

The Franco-German trade relationship exemplifies European economic integration, with $198 billion in bilateral trade representing the continent's most important economic partnership. This relationship drives innovation in automotive, aerospace, and renewable energy sectors.

$112B
Germany β†’ France
Cars, machinery, chemicals
$86B
France β†’ Germany
Aircraft, luxury goods, energy

Trade Balance: Germany maintains a $26 billion surplus, reflecting its manufacturing strength in automotive and industrial equipment exports to France.

Japan↔China
$371B

Japan ↔ China

Technology and manufacturing powerhouse corridor, with Japan exporting precision machinery and importing consumer electronics.

Balance: China +$45B surplus
Growth: +8.2% growth
Germany↔China
$254B

Germany ↔ China

Europe-Asia industrial bridge, featuring German automotive exports and Chinese manufacturing imports.

Balance: China +$89B surplus
Growth: +12.4% growth
USA↔Mexico
$614B

USA ↔ Mexico

NAFTA/USMCA success story with integrated manufacturing and energy trade across the Rio Grande.

Balance: Balanced trade
Growth: +6.8% growth

Regional Trade Dynamics

Global trade patterns are shaped by regional economic blocs, geographical proximity, and historical trade relationships. Understanding these regional dynamics reveals how geography, politics, and economics interplay to create distinct trade ecosystems.

🌏
Asia-Pacific regional analysis: $12.8 trillion trade volume representing 56% of global commerce, dominated by China's $3.4 trillion exports, Japan's $737 billion exports, and South Korea's $632 billion exports in integrated Factory Asia supply chains

Asia-Pacific Dominance

The world's fastest-growing trade region

$12.8T
Regional Trade Volume (56% of global)

The Asia-Pacific region has emerged as the undisputed center of global trade, accounting for 56% of all international commerce. This dominance is driven by China's manufacturing prowess, Japan's technological innovation, South Korea's industrial efficiency, and Southeast Asia's rapid economic development.

ChinaChina
$3.4T exports
Regional hub
JapanJapan
$737B exports
Tech leader
South KoreaSouth Korea
$632B exports
Innovation center

Key Insight: The region's success stems from integrated supply chains, with components manufactured across multiple countries before final assembly. This "Factory Asia" model has created unprecedented economic interdependence and growth momentum.

πŸ‡ͺπŸ‡Ί
European integration analysis: $5.2 trillion EU internal trade representing 23% of global trade through single market integration, with Germany as manufacturing core ($1.63T exports), Netherlands as logistics hub ($695B exports), and France in luxury aerospace ($589B exports)

European Integration

The world's most integrated trade bloc

$5.2T
EU Internal Trade (23% of global)

The European Union represents the world's most sophisticated example of economic integration, with internal trade flows of $5.2 trillion facilitated by a single market, common currency, and harmonized regulations. This integration has created Europe as the world's largest trading bloc when considered as a single entity.

GermanyGermany
$1.63T exports
Manufacturing core
NetherlandsNetherlands
$695B exports
Logistics hub
FranceFrance
$589B exports
Luxury & aerospace

Economic Miracle: Intra-EU trade has grown 340% since 1995, demonstrating how removing barriers creates prosperity. Germany acts as the manufacturing core, while Netherlands serves as the logistics gateway and France leads in high-value exports.

Real-Time Trade Intelligence

Global trade never sleeps. Every second, millions of dollars worth of goods cross borders, creating a complex web of economic relationships. Our real-time data reveals the pulse of international commerce as it happens.

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$719,000

Trade Per Second

Average value of goods traded globally every second, 24/7/365

🚒
45,000+

Daily Shipments

Container shipments processed through major ports worldwide daily

πŸ—ΊοΈ
12,847

Active Routes

Trade routes currently moving goods between countries

πŸ’»
$2.1T

Digital Transactions

Digital and service exports driving the new economy

Global Product Trade Analysis

Semiconductors & Electronics

$868B
+23.4%

Microchips power everything from smartphones to cars. Global shortage has made these tiny components more valuable than gold per gram.

Top Exporters:
TaiwanSouth KoreaChina
πŸ”₯ Critical shortage driving prices up 340%

Crude Oil & Energy

$2.1T
+89.2%

Energy remains the world's most traded commodity. Russia-Ukraine war reshaped global energy flows, boosting US LNG exports.

Top Exporters:
Saudi ArabiaRussiaUSA
⚑ Renewable energy exports growing 67% annually

Automotive & Transportation

$784B
+12.8%

Electric vehicle revolution is reshaping car trade. China now exports more EVs than Germany exports traditional cars.

Top Exporters:
GermanyChinaJapan
πŸ”‹ EV exports from China up 340% since 2020

Agricultural Products

$456B
+18.7%

Food security drives agricultural trade. Climate change and population growth make efficient food distribution critical for global stability.

Top Exporters:
BrazilUSAArgentina
🌱 Sustainable agriculture exports premium +45%

Pharmaceuticals & Medical

$623B
+67.3%

Post-pandemic healthcare boom continues. Medical technology exports surge as aging populations worldwide demand better healthcare.

Top Exporters:
SwitzerlandGermanyUSA
πŸ’Š Generic drug exports to developing nations +120%

Textiles & Fashion

$398B
-8.9%

Fast fashion faces sustainability challenges. Premium and sustainable textile exports grow while mass market contracts.

Top Exporters:
ChinaBangladeshVietnam
♻️ Sustainable fashion exports growing +89%

Today's Trade Insights

China-EU Trade Surge

European imports from China increased 12.4% this month, driven by renewable energy equipment and electronics demand.

2 hours ago

Vietnam Manufacturing Boom

Vietnam exports hit record highs with $40B monthly average, overtaking Thailand in electronics assembly.

4 hours ago

Supply Chain Diversification

US companies accelerate "China+1" strategies, with Mexico and India gaining $50B in new trade contracts.

6 hours ago

Trending Analysis

🎯 Seasonal Trade Patterns

Q4 Consumer Electronics+34% vs Q3
Holiday Shipping PeakNov 15-30
Agricultural ExportsHarvest Season

πŸš€ Market Opportunities

Renewable Energy Equipment

Growing 67% annually across emerging markets

Medical Technology Exports

Post-pandemic demand surge in Asia-Pacific

Food Security Solutions

Agricultural tech exports to Africa +45%

Why WorldTradeFlows is the Authority

Trusted by governments, businesses, and researchers worldwide

226
Countries Analyzed
πŸ›οΈ
UN Comtrade Source
πŸ“ˆ
Daily Updates
$23T
Trade Volume Tracked
⚑
Sub-Second Queries
πŸ”
Product-Level Data
Last Updated: January 2025 β€’ Next Update: CEPII BACI v202501

Frequently Asked Questions

Expert answers to the most common trade questions

What is the world's largest trading country?

China is the world's largest trading country with $6.9 trillion in total trade volume (exports + imports) in 2023. China leads in exports ($3.4T) while the USA leads in imports ($3.0T).

How much is global trade worth annually?

Global trade is worth $22.7 trillion annually (2023), covering merchandise trade between 226 countries and territories. This represents a 5.2% increase from 2022 despite global economic uncertainty.

Which countries have the largest trade surpluses?

China has the largest trade surplus at $823 billion, followed by Germany ($250B) and Russia ($180B). These surpluses reflect strong export capabilities and competitive manufacturing sectors.

What products are traded the most globally?

The most traded products globally are crude oil ($2.1T), integrated circuits ($868B), cars ($784B), and refined petroleum ($655B). Electronics and energy dominate international trade flows.

How has COVID-19 affected global trade?

Global trade has recovered strongly from COVID-19, reaching 118% of pre-pandemic levels by 2023. Digital goods and medical equipment saw the largest growth, while tourism and services remain below 2019 levels.

Which regions are growing fastest in trade?

Asia-Pacific is the fastest-growing trade region with 8.4% annual growth, led by Vietnam (+85% since 2017), Bangladesh (+62%), and India (+48%). Africa is emerging with 6.7% annual growth.