Top Exporting Countries 2021

China

United States of America

Number 1 exporter in the world making up 12,9% of the global total

Second largest exporter, behind China, because the opportunity cost for the USA is greater than for China in manufacturing export goods.

Germany

Third greatest exporter. As a technologically advanced country, Germany mainly exports capital-intensive goods such as automobiles, chemicals and machines.

South Korea

Japan

Fourth largest exporter. About 20.2% of Japans exports are to the USA, and about 17.6% to China.

Number 5. South Korea's economy is driven by exports, mainly of capital-intensive goods.

France

6th largest exporter

Netherlands

7th largest exporter

Italy

8th largest exporter

References

McConnel, Brue & Flynn (2021) Economics. New York: McGraw-Hill Education

World Population Review (2021) 2021 World Population review. United States: https://worldpopulationreview.com/country-rankings/exports-by-country