World trade:a Changes in value and volume of exports and imports by major country group
Annual percentage change
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022b |
2023c |
2024c |
Dollar value of exports |
|
World |
1.5 |
-11.0 |
-1.7 |
10.7 |
9.1 |
-1.4 |
-9.3 |
26.1 |
8.1 |
-0.1 |
7.1 |
Developed economies |
3.0 |
-9.6 |
0.5 |
8.8 |
8.8 |
-1.2 |
-10.2 |
20.4 |
7.3 |
-0.9 |
7.1 |
Northern America |
3.6 |
-6.3 |
- 1.8 |
7.0 |
6.5 |
-0.3 |
- 15.4 |
18.5 |
10.9 |
1.7 |
5.8 |
Europe |
2.9 |
- 10.8 |
1.5 |
9.5 |
9.9 |
-1.7 |
-7.7 |
22.2 |
6.2 |
-2.0 |
7.3 |
Developed Asia and the Pacific |
1.8 |
- 11.8 |
3.4 |
10.5 |
7.4 |
- 1.2 |
- 12.2 |
19.4 |
5.2 |
3.0 |
9.1 |
Economies in transitiond |
-5.7 |
-28.7 |
-11.7 |
21.3 |
20.6 |
-2.2 |
-18.5 |
54.8 |
12.3 |
-6.1 |
4.3 |
South-Eastern Europe |
4.1 |
- 10.0 |
9.3 |
15.1 |
16.5 |
1.2 |
- 10.3 |
37.0 |
16.4 |
4.0 |
5.8 |
Commonwealth of Independent States and Georgiad,e |
-6. 1 |
-29.5 |
- 12.8 |
21.7 |
20.9 |
-2.4 |
- 19.0 |
56.1 |
12.0 |
-6.8 |
4.2 |
Developing economies |
0.3 |
-11.2 |
-3.7 |
12.6 |
8.6 |
-1.7 |
-7.4 |
31.5 |
8.8 |
1.3 |
7.3 |
Africa |
-2.7 |
-26.3 |
-7.6 |
16.8 |
15.8 |
-4.5 |
- 19.3 |
48.1 |
15.9 |
5.5 |
8.4 |
East Asia |
3.0 |
-5.9 |
-4.0 |
10.5 |
8.8 |
-2.2 |
-2.6 |
27.7 |
4.9 |
-0.3 |
7.2 |
South Asia |
-3.8 |
-9.4 |
2.5 |
12.9 |
12.5 |
0.9 |
-0.7 |
32.3 |
11.3 |
5.1 |
7.8 |
Western Asia |
-2.9 |
-24. 1 |
-6.8 |
13.2 |
15.3 |
- 1.8 |
-21.7 |
47.2 |
20.8 |
2.5 |
7.0 |
Latin American and the Caribbean |
-4.0 |
- 12.7 |
-0.7 |
20.0 |
-3.8 |
0.8 |
- 13.7 |
28.7 |
10.6 |
2.8 |
7.7 |
Dollar value of imports |
World |
2.0 |
-9.6 |
-2.2 |
14.2 |
10.3 |
411.0 |
-34.2 |
5.2 |
8.5 |
1.3 |
3.2 |
Developed economies |
3.0 |
-9.8 |
-0.4 |
8.7 |
9.6 |
-0.7 |
-9.9 |
20.9 |
14.4 |
-1.2 |
6.5 |
Northern America |
3.6 |
-4.2 |
-2.2 |
6.8 |
7.0 |
-0.4 |
- 11.2 |
21.7 |
15.1 |
- 1 . 1 |
6.6 |
Europe |
2.6 |
- 11.5 |
1.7 |
10.2 |
10.8 |
-0.6 |
-8. 1 |
21.3 |
13.4 |
-1.7 |
6.7 |
Asia and Oceania |
1.7 |
- 16.8 |
-4. 1 |
9.4 |
10.3 |
-2.5 |
- 13. 1 |
18.7 |
17.3 |
2.1 |
5.1 |
Economies in transitiond |
-9.1 |
-28.3 |
-4.8 |
19.0 |
9.1 |
4.6 |
-13.8 |
38.6 |
-9.0 |
2.2 |
8.0 |
South-Eastern Europe |
4.0 |
- 13.8 |
5.4 |
14.6 |
16.6 |
2.3 |
-9.0 |
31.3 |
12.1 |
2.7 |
9.1 |
Commonwealth of Independent States and Georgiad,e |
-9.9 |
-29.3 |
-5.7 |
19.5 |
8.4 |
4.8 |
- 14.3 |
39.4 |
- 11. 1 |
2.1 |
7.8 |
Developing economies |
1.8 |
-7.9 |
-4.3 |
21.5 |
11.4 |
931.5 |
-37.1 |
2.3 |
7.5 |
1.8 |
2.5 |
Africa |
1.4 |
- 12.7 |
-7.7 |
4.3 |
11.2 |
1.5 |
-9.7 |
32.6 |
9.6 |
0.6 |
7.3 |
East Asia |
2.5 |
- 10.2 |
-2.5 |
12.7 |
12.5 |
-3.0 |
-7.6 |
39.3 |
6.4 |
0.1 |
6.2 |
South Asia |
-2.9 |
-7.4 |
-0. 1 |
17.4 |
13.2 |
1.4 |
-4.3 |
32.3 |
24.3 |
5.0 |
5.4 |
Western Asia |
4.0 |
-8.7 |
-6. 1 |
8.0 |
2.4 |
2.0 |
- 13.0 |
30.5 |
14.3 |
6.2 |
9.5 |
Latin American and the Caribbean |
0.0 |
3.5 |
-9.7 |
73.5 |
12.6 |
4097.6 |
-39.4 |
- 1.9 |
7.1 |
1.9 |
1.8 |
Volume of exports |
|
World |
4.1 |
3.0 |
2.4 |
5.5 |
4.2 |
1.0 |
-7.5 |
9.5 |
6.3 |
-1.2 |
2.4 |
Developed economies |
4.3 |
4.7 |
2.8 |
5.0 |
3.4 |
2.1 |
-9.8 |
7.9 |
8.5 |
-2.0 |
1.5 |
Northern America |
4.3 |
0.8 |
0.6 |
3.6 |
3.0 |
0.3 |
- 12.9 |
3.9 |
7.8 |
-0.9 |
1.6 |
Europe |
4.1 |
6.5 |
3.6 |
5.3 |
3.6 |
2.8 |
-8. 1 |
10.3 |
8.5 |
-3.0 |
1.4 |
Developed Asia and the Pacific |
8.5 |
4.1 |
2.8 |
6.0 |
3.5 |
0.1 |
- 11.2 |
7.9 |
7.9 |
4.2 |
2.6 |
Economies in transitiond |
-0.8 |
1.8 |
3.2 |
5.1 |
5.3 |
1.8 |
-6.9 |
9.8 |
-2.5 |
-4.4 |
2.4 |
South-Eastern Europe |
5.3 |
8.2 |
10.8 |
9.0 |
7.9 |
5.8 |
- 11. 1 |
20.8 |
12.5 |
- 1.9 |
2.3 |
Commonwealth of Independent States and Georgiad,e |
- 1 . 1 |
1.5 |
2.8 |
4.9 |
5.2 |
1.6 |
-6.7 |
9.1 |
-3.5 |
-4.6 |
2.4 |
Developing economies |
4.1 |
1.1 |
1.9 |
6.2 |
5.3 |
-0.4 |
-4.6 |
11.5 |
4.3 |
0.0 |
3.4 |
Africa |
0.2 |
-1.7 |
1.8 |
11.6 |
5.2 |
-0.9 |
- 13.3 |
11.8 |
4.3 |
2.4 |
2.5 |
East Asia |
5.8 |
1.0 |
1.6 |
7.2 |
4.6 |
-0. 1 |
- 1.5 |
11.3 |
3.2 |
-0.9 |
3.5 |
South Asia |
3.4 |
- 1.5 |
5.0 |
5.2 |
7.4 |
-3.0 |
-7.9 |
14.3 |
5.0 |
1.6 |
3.3 |
Western Asia |
1.4 |
0.6 |
1.5 |
2.1 |
8.6 |
-0.5 |
-9.9 |
13.8 |
9.0 |
2.9 |
3.4 |
Latin American and the Caribbean |
1.4 |
4.8 |
1.9 |
3.8 |
3.6 |
0.3 |
-8.6 |
7.8 |
5.1 |
-0. 1 |
3.1 |
Volume of imports |
World |
3.2 |
2.0 |
1.7 |
5.7 |
4.7 |
1.0 |
-8.2 |
11.6 |
5.6 |
0.4 |
2.6 |
Developed economies |
4.6 |
5.7 |
3.0 |
4.7 |
3.9 |
3.0 |
-8.9 |
9.2 |
8.5 |
-1.1 |
1.9 |
Northern America |
4.7 |
4.4 |
1.2 |
4.5 |
4.0 |
1.0 |
-9.2 |
13.0 |
8.6 |
-0.7 |
2.3 |
Europe |
4.4 |
7.3 |
4.6 |
5.2 |
3.9 |
4.4 |
-7.8 |
8.5 |
8.4 |
- 1.6 |
1.8 |
Developed Asia and the Pacific |
5.7 |
1.0 |
-0.6 |
4.6 |
4.4 |
0.3 |
-9.0 |
6.2 |
6.7 |
2.6 |
1.7 |
Economies in transitiond |
-6.3 |
-16.7 |
-0.3 |
12.7 |
5.0 |
5.3 |
-11.9 |
13.6 |
-13.0 |
1.6 |
3.4 |
South-Eastern Europe |
6.5 |
3.5 |
8.1 |
9.0 |
8.4 |
7.2 |
-9. 1 |
17.5 |
9.1 |
1.8 |
3.8 |
Commonwealth of Independent States and Georgiad,e |
-7. 1 |
- 18.2 |
- 1 . 1 |
13.1 |
4.6 |
5.1 |
- 12.2 |
13.2 |
- 15.4 |
1.5 |
3.4 |
Developing economies |
2.2 |
-1.2 |
0.1 |
6.6 |
5.7 |
-1.8 |
-6.9 |
14.6 |
3.0 |
2.2 |
3.5 |
Africa |
0.5 |
-3.0 |
-0.7 |
4.9 |
6.6 |
2.7 |
-9.8 |
5.2 |
1.6 |
0.8 |
3.0 |
East Asia |
4.9 |
1.3 |
4.0 |
7.7 |
6.4 |
-2.5 |
-4. 1 |
16.3 |
0.6 |
1.3 |
2.7 |
South Asia |
-0.8 |
-4.2 |
2.3 |
12.9 |
6.5 |
-2. 1 |
- 10.2 |
18.9 |
14.8 |
9.6 |
3.7 |
Western Asia |
4.7 |
- 1.6 |
-2.8 |
4.5 |
2.8 |
0.3 |
-9. 1 |
8.2 |
8.4 |
5.6 |
4.9 |
Latin American and the Caribbean |
-4.8 |
-6.5 |
- 11. 1 |
1.5 |
4.1 |
-2.9 |
- 13.3 |
15.1 |
2.3 |
- 1.2 |
6.0 |
Source: UN DESA, based on UN DESA World Economic Forecasting Model.
a Includes goods and services.
b Partly estimated.
c Baseline scenario forecasts, based in part on UN DESA World Economic Forecasting Model.
d Ukraine is excluded from 2023 and 2024 forecasts for this regional group.
e Georgia officially left the Commonwealth of Independent States on 18 August 2009. However, its performance is discussed in the context of this group of countries
for reasons of geographic proximity and similarities in economic structure.
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