To trade with other nations, nations rely on air, sea, and land transit to bring commodities in and out of their boundaries. Free and open commerce is essential to economic growth.
Most of the stuff we use every day, from pens to sofas, wasn't made in one country alone and had to be shipped here. Even products made in the UK often include foreign-made components. Everything from clothing and automobiles to food and gasoline to technology goods and beyond is traded internationally.
China
China, which has the world's second-largest economy, dominates the export market. In 2019, Chinese exports totaled about $2.64 trillion. Electronics, such as integrated circuits and additional computer components, are among China's top imports. Electronics are also among the country's top exports.
USA
Aside from China, the United States is by far the greatest exporter of products in the world. Canada, Mexico, China, Japan, and the UK are the top five markets for U.S. exports.
Germany
Although it is not the greatest economy in the world, Germany has one of the biggest economies in Europe & the fourth largest economy in the world by GDP. In 2020, the United States, France, China, the Netherlands, and the United Kingdom were Germany's top five trading partners.
France
France has the seventh-largest economy and ranks fourth in exports. The energy, industry, and transportation sectors are the most important in France. France's major export markets are the United States, Germany, Belgium, Italy, and Spain.
Japan
Japan has the world's third-biggest economy and is the fifth-largest exporter. There is the largest electronics products sector and the third largest vehicle manufacturing business in the country. In 2020, the United States, China, South Korea, and Taiwan were the top destinations for Japanese exports.
UK
The United Kingdom has the world's fifth-largest economy and is the sixth-largest exporter. The United States, Germany, the Netherlands, France, and the Republic of Ireland are the top five trading partners of the United Kingdom.
Netherlands
The economy of the Netherlands ranks 17th in the world, and it is the 7th biggest exporter in the world. Germany, Belgium, Italy, and the UK are the most popular destinations for Dutch exports.
South Korea
Among all countries, South Korea is ranked as the eighth greatest exporter. It has the fourth-biggest economy in Asia and the eleventh-largest economy in the world. Shipbuilding, vehicle production, and electronics manufacturing are all important parts of the economy. In 2017, South Korea's biggest export markets were China, the USA, Vietnam, Japan, and Taiwan.
