Why Are These World's Top 10 Exporting Countries, By 2021-25? Blog-2
#FutureExportVision #DrLadeVedkumar
By Dr. Lade Vedkumar
Very magnificent export prospects are going to emerge in these countries.
These are the average export value of 2021 and export prospects by 2025.
International trade has connected every country together and provided a considerable profit to them.
China's world export ranking is number one. It's export share is
highest 13.4%
China:
Its overseas sales market will grow from 2.4 trillion dollars to 3.7 trillion dollars.
Germany world's export ranking is number three. It's export share is 7.9%.
Germany:
Its export will increase from 1.3 trillion dollars to 1.7 trillion dollars.
America world's export ranking is number two. It's export share is 8.8%.
America:
Its export will rise from 1.2 trillion dollars to 1.6 trillion dollars.
Japan world's export ranking is number four. The export share is 3.8%.
Japan:
Its export will expand from 680 billion dollars to 922 billion dollars.
Korea world's export ranking is number seven. Its export share is 2.9%.
Korea:
The sales abroad will increase from 538 billion dollars to 814 billion dollars.
France world's export ranking is number six. Its export share is 3%.
France:
The international market will grow from 502 billion dollars to 637 billion dollars.
Italy's world export ranking is number nine. Its export share is 2.8%.
Italy:
The foreign market will grow from 468 billion dollars to 561 billion dollars.
Netherlands world's export ranking is number five. Its export share is 3.1%.
Netherlands:
Its overseas sales market will grow from 454 billion dollars to 513 billion dollars.
Taiwan world's export ranking is number 17. Its export share is 1.8%.
Taiwan:
Its export will increase from 354 billion dollars to 477 billion dollars.
The United Kingdom's world export ranking is number 11. It's export share is 2.5%.
United Kingdom:
Its export will rise from 356 billion dollars to 469 billion dollars.
Important conclusion:
Best results can be found in a country having a larger absolute value-wise difference between the 2020's exports and prospects by 2024. It will create space to earn additional export.
Such three countries are China, Germany and the United States of America.
China shows the largest absolute difference between prospects and exports in value terms, leaving room to earn additional exports.
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As we always say.
The best prospects cannot be found in the export statistic for the last five years. Because yesterday has passed. Rather, the best prospects are hidden in the next five year statistics.
Note: All the values are in an US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2020's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years.
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Research sources:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration: December 2020.(second edition)
Important remark:
Most of the world market is recovering after post Covid-19 era.
© 2020-2024 Future Export Vision.
Other valuable editions:
Amazon global selling guide:
https://sell.amazon.com/global-selling/guide
Why Are These The World's Top 10-20 Export Countries, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-20-export.html
Why Are These The World's Top 10 Export Products, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-exports-by.html
Why Are These The World"s Top 10 Importing Countries, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-importing.html
Why Are These The World"s Top 15 Importing Sub-Region, By 2021-24?
https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-15-importing.html
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