Trade Stats: Who's the World's Largest Exporter?
Apr 12, 2011
With the U.S. Bureau of Economic Analysis (BEA) announcing February’s U.S. export and import numbers today (U.S. exports reached $165.1 billion and imports $210.9 billion), it’s worth calling attention to last week’s release of World Trade Organization (WTO) statistics that answer the perennial question: Who is the world’s largest exporter?
Reuters reportedthe new WTO statistics that the United States in 2010 was again the world’s top exporter, taking into account exports of both merchandise and commercial services. U.S. total exports reached $1.795 trillion, followed by China with $1.750, and Germany with $1.500 trillion.
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