Abstract
Samoa’s impressive export growth of 136% in 2023 highlights its significant rebound and expansion, reflecting a trend of volatility and rapid growth in certain economies. Over time, global export growth has varied widely, with an average annual growth rate of 5.1%. This steady increase points to global economic resilience and trade integration, though individual countries often experience sharp fluctuations due to factors like market demand, natural resource discovery, or shifts in trade agreements. The total growth of 647% emphasizes how emerging markets can achieve explosive growth, though sustainability remains a key challenge.
Exports of goods and services (annual growth rate)
Timor-Leste’s remarkable export growth of 1,050% in 2019, primarily driven by its oil and gas sector, marked a unique surge in its economic history. However, its current -4.22% growth rate highlights the volatility tied to resource-dependent economies. Globally, export growth has fluctuated due to factors like market demand, commodity prices, and geopolitical shifts. While emerging economies have seen high growth rates during commodity booms, more developed economies have maintained steadier, moderate growth. Long-term trends suggest the need for diversification to mitigate risks and ensure sustainable export performance.
The maximum is 24.5TUSD[2022] of World, and the current value is about 95.2%
Exports of goods and services (annual growth rate) (Worldwide)
Timor-Leste’s exceptional 1,050% export growth in 2019, driven by the development of its oil and gas sector, stands as a significant outlier in global export trends. However, the country’s current -4.22% growth rate highlights the volatility of resource-dependent economies. Since 1961, global export growth has shown fluctuating patterns influenced by factors like global demand, commodity prices, and geopolitical tensions. Emerging economies often see sharp surges during commodity booms, while more diversified economies maintain steadier growth, underscoring the importance of economic diversification for sustained export performance.
The maximum is 3.35TUSD[2022] of China, and the current value is about 95%
Exports of goods and services (annual growth rate) (World Country, latest year)
Samoa’s impressive export growth of 136% in 2023 highlights its significant rebound and expansion, reflecting a trend of volatility and rapid growth in certain economies. Over time, global export growth has varied widely, with an average annual growth rate of 5.1%. This steady increase points to global economic resilience and trade integration, though individual countries often experience sharp fluctuations due to factors like market demand, natural resource discovery, or shifts in trade agreements. The total growth of 647% emphasizes how emerging markets can achieve explosive growth, though sustainability remains a key challenge.
The maximum is 3.18TUSD of China, the average is 185GUSD, and the total is 21.1TUSD
Exports of goods and services (annual growth rate) (region, latest year)
The Central African Republic’s 18.4% export growth in 2023 stands out as a notable achievement, driven by a mix of natural resources and emerging market dynamics. This growth contrasts with the global average of 4.05%, reflecting how individual nations can experience higher volatility. Over time, global export growth has been shaped by factors like commodity price fluctuations, global demand shifts, and political stability. The total growth of 40.5% over the period highlights the Central African Republic’s gradual progress, underscoring the importance of improving infrastructure and diversifying exports for long-term sustainability.
The maximum is 2.62TUSD of North America, the average is 2.62TUSD, and the total is 2.62TUSD
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