Monthly data on customs clearance of export goods for countries around the world (in current USD (not seasonally adjusted)) and a graph of the top countries

Abstract

According to data from March 2024, the customs value of export goods from high-income countries reached $1.25 trillion, continuing to play a key role in the global economy. This trend has been evident over the past few years, with high-income countries maintaining their advantage in the trade balance as they specialize in exporting advanced technology and high value-added products. In particular, countries such as the United States, Germany, and Japan have strong competitiveness in areas such as electronic devices, automobiles, and pharmaceuticals. This helps these countries weather market fluctuations and fosters economic growth through exports. On the other hand, middle- and low-income countries depend on resource and agricultural exports and are sensitive to price fluctuations. This has led to the issue of economic diversification. Going forward, high-income countries will be required to explore new market opportunities as they face tougher environmental regulations and move towards sustainability. Furthermore, as the restructuring of global supply chains progresses, trade policies and geopolitical risks may also have an impact, making it important for each country to respond strategically. Overall, export growth in high-income countries contributes to the stability of the global economy, but its impact on other countries must also be carefully considered.

Customs clearance of export goods (in current USD (not seasonally adjusted))

Looking at data from 1990 through March 2024, the monthly customs clearance value of export goods peaked at $3.09 trillion, recorded in November 2017. This was a period when the global economy was active, and this was likely influenced in particular by China’s growth and the expansion of emerging markets. However, current levels remain at 77.5% of the peak, with a variety of factors contributing to this fluctuation. Recent years have been marked by trade frictions, geopolitical tensions and supply chain disruptions due to the pandemic. In particular, the impact of COVID-19 has led to many countries implementing lockdowns and significantly restricting international trade. Fluctuations in raw material prices and rising transportation costs are also affecting export activity. In addition, growing interest in sustainability is increasing the demand for environmentally friendly products and services, which is creating new market opportunities. As digitalization and technological advances continue, companies will likely be required to build efficient supply chains and develop new business models. Overall, international trade remains important, but its dynamics continue to change.

The maximum is 3.09TUSD[2017年11月] of World, and the current value is about 77.5%

Customs clearance of export goods (in current USD (not seasonally adjusted)) (countries around the world)

In data spanning 1990 to April 2024, the customs value of Tanzania’s export goods peaked in November 2017 at $1.6 trillion. During this period, Tanzania experienced rapid growth through the export of resources and agricultural products, with gold, coffee and mineral resources playing a particularly important role. However, current levels remain at just 55.5% of the peak, and a number of factors are at work. First, changes in the global economic situation are a major factor. In particular, competition in the international market has intensified, making the prices of export goods more volatile. In addition, climate change and environmental issues are affecting agricultural production, leading to supply instability. In addition, delays in infrastructure development and policies within Tanzania are also thought to be putting a brake on export capacity. In addition, there is a need for a review of the government’s economic and trade policies. In order to achieve both sustainable development and economic growth, it is important to modernize agriculture and foster the manufacturing industry. Going forward, the use of digital technology and international collaboration could contribute to the recovery and growth of exports. Overall, Tanzania’s export market, while facing many challenges, has great potential for growth in the future.

The maximum is 1.6TUSD[2017年11月] of Tanzania, and the current value is about 55.5%

Customs clearance of export goods (in current USD (not seasonally adjusted)) (Worldwide, latest year)

According to April 2023 data, high-income countries accounted for $1.25 trillion in customs clearance of export goods, compared with an overall total of $1.78 trillion and an average of $891 billion. This situation illustrates the growing influence of high-income countries in the global economy. In particular, developed countries have specialized in technological innovation and high value-added products, and their exports have shown steady growth. Over the past few years, trade tensions and geopolitical risks have impacted trade activity, but high-income countries have remained in a relatively stronger position by diversifying and digitalizing their economies. On the other hand, middle-income and low-income countries depend on the export of resources and agricultural products, making them vulnerable to price fluctuations and supply-demand imbalances. In the future, as sustainability and environmental considerations become more important, high-income countries will need to explore new market opportunities to remain competitive. Furthermore, the development of the digital economy will change the nature of international trade. In particular, there will be a demand to improve the efficiency of supply chains and introduce new business models, which is likely to have an impact on overall trade trends. Overall, export markets remain a key economic indicator and national policies will determine their future.

The maximum is 508GUSD[2019年12月] of Middle-income countries, and the current value is about 77.9%

Clearance of export goods (in current USD (not seasonally adjusted)) (region, latest year)

According to data from March 2024, the overall customs value of export goods will reach $1.78 trillion, of which high-income countries account for $1.25 trillion. This situation reflects the strong economic influence of high-income countries and the fact that developed countries are leading trade thanks to their high value-added products and technological capabilities. The average is $890 billion, with contributions from middle- and low-income countries also important in balancing the overall picture. Historically, the global economy has become increasingly interdependent as international trade expands. However, in recent years, geopolitical risks, trade frictions, and supply chain disruptions caused by the pandemic have led to fluctuations in import and export activity among countries. High-income countries in particular are stepping up their efforts towards digitalisation and sustainable development, and exploring new market opportunities. On the other hand, middle- and low-income countries are highly dependent on agricultural and resource exports and are therefore vulnerable to price fluctuations. In the future, international trade will change with environmental considerations and the advancement of the digital economy, and the policies and strategies of each country will become important factors. Overall, international trade is an essential element of economic stability and growth, and there is a need to move towards sustainable development.

The maximum is 396GUSD of Middle-income countries, the average is 396GUSD, and the total is 396GUSD

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