New study reveals each country’s biggest import and export

In a global market, it’s common to see countries focused on producing specific goods based on their competitive advantages and the resources they have available.
And because of this, the goods that countries are importing and exporting are wildly diverse.

Using data from the CEPII – BACI: International Trade Database, BusinessFinancing.co.uk has uncovered the top imports and exports for each country around the world.

Every country’s top import

Petroleum is the top import in 128 nations, but it’s been a tough two years for international business due to pandemics. So as trade gets going again, the BusinessFinancing.co.uk team wanted to find out which other goods were the most imported from every country.

Every country's top import mapped

Petroleum is the most imported product in 128 countries. The top 4 importers of fossil fuels are China, the United States, India, and South Korea.

The world's biggest imports visualized
Every country’s top exports

Fifty-nine countries of the world export petroleum around the world more than any other product.

Every country's top exports mapped

Oil accounts for more than 1.3% of the total global GDP. Since 2019, the United States has surpassed Saudi Arabia as the top oil exporter globally.

Global sales from gold exported by all countries totaled $395 billion in 2020, up in value by an average of 20.8% since 2016.

The world's biggest exports visualized.
North America

Six countries in North America export petroleum more than any other product.

Only two countries have surgical instruments as their top export, and they’re both from North America – Costa Rica and Dominica.

Top exports in North America mapped
South America

Four South American countries (Bolivia, Colombia, Ecuador, and Venezuela) export Petroleum more than any other product.

Guyana is the only country in the world exporting Drilling Platforms more than any other product.

Top exports in South America mapped
Europe

17 countries export Petroleum more than any other product.

Only two countries in Europe have a food product as their top export – Ukraine with Corn and Moldova with sunflower seeds.

Top exports in Europe mapped
The Middle East and Central Asia

13 out of 23 countries export Petroleum more than any other product.

Syria is the only country in this region exporting olive oil more than any other product. Only one other country has a food product as their top export – Palestine with dates.

Top exports in the Middle East and Central Asia mapped
The rest of Asia and Oceania

Petroleum is the top export in six countries as is Tuna. Bras are the top export in only one country globally – Sri Lanka.

Top exports the rest of Asia and Oceania mapped
Africa

Petroleum is the top export in 13 African countries, as is Gold. Coffee is big business in Ethiopia – it generated over $130 million in the month of Ginbot 2021 (May 9 – June 7). The country exported over 32 tonnes of the stuff to the international market in that month alone.

Top exports in Africa mapped


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