Global Export Data figures track the flow of goods and services that countries sell to international export trade data markets. This data reflects an exporting nation's production capacity, competitiveness, and level of integration into the global export economy. Businesses and policymakers in international export data markets utilize export data to identify growth opportunities and gain an understanding of the global source of import-export information.

The top five exporters in the global import data market are China, United States, Germany, Japan, and the Netherlands. China is the biggest exporter in the world and exports goods valued in trillions, but it is driven by its dominance in manufacturing. Emerging economies like India are also now starting to increase their global export data and are adding more relevance in certain sectors like textiles, pharmaceuticals, and technology.

Emerging Trends in Export Data

There are emerging trends demonstrating the growth of import-export trade data products, electric vehicles, and renewable energy equipment, but more notably, we are seeing exports of digital services rise sharply. Free trade agreements and regional trade blocs are also enabling a smoother process in exporting products and services post-pandemic, which includes decreased tariffs and easier customs processes.

Challenges Facing Export Markets

There will always be inherent challenges to exporters, including currency rates that can change on the hour, geopolitical tensions, and trade barriers such as tariffs or quotas. Distractions that include disruptions to global supply chains and concern over the global economy will also influence an export volume. Businesses must monitor and act on these factors, developing strategies that respond to factors that may leverage their competitive advantage.