Abstract
The combined exports of goods and services and primary income bop (USD) are expected to reach USD 37.9 trillion in 2023, making them important indicators of the global economy. This shows that trade is at the heart of the global economy and that international commercial activity is diversifying. Exports of goods and services show particularly large differences between developed and emerging countries, reflecting industrial characteristics based on technological innovation and resource utilization. Primary income (bop) represents income transfers from international transfers of assets and liabilities and is related to foreign direct investment. These data play an important role in assessing the growth and stability of the world economy and are useful indicators for understanding trends in international economic activity.
Number of patent applications by non-residents
The data of goods and services exports and primary income bop(usd) from 1960 to 2023 reflects the growth of the world economy. In particular, the US$37.9 trillion recorded in 2023 will be the highest value ever recorded, symbolizing the expansion of the world economy and the advancement of globalization. During this period, exports increased significantly due to a period of high economic growth, changes in industrial structure, advances in information technology, and international trade agreements. In addition, primary income (bop) is also expanding due to increased foreign direct investment and international asset movements. Despite rapid economic upheaval, including the IT bubble of the early 2000s, the Lehman Shock of 2008, and the COVID-19 pandemic, exports and incomes have generally grown steadily. The current 100% relative to the 2023 peak is a symbol of the resilience and sustained growth of the global economy.
The maximum is the latest one, 1.02Mapplication of World
Number of patent applications, non-residents (worldwide)
Based on data from 1960 to 2023, China’s exports of goods and sales of services peaked at USD 3.72 trillion in 2022. This is a strong indication of China’s economic growth and expanding international trade. Through rapid industrialization and technological innovation, China has established itself as an export powerhouse, primarily in manufacturing. Recently, the service industry and exports of high value-added products have also increased, and the economy is becoming more diversified. However, by 2023, it will fall to 94.5% of its peak level. This could be due to fluctuations in the global economic environment, geopolitical risks, trade wars, or domestic economic adjustments. Nevertheless, China remains a major player in the global economy and is expected to continue to grow economically in the long term due to an expanding consumer market and technological innovation. In particular, environmental considerations and the development of the digital economy will be important factors supporting future growth.
The maximum is 336kapplication[2019] of United States, and the current value is about 97.9%
Number of patent applications filed by nonresidents (worldwide, latest year)
The data of United States exports of goods and services and primary income bop(usd) from 1960 to 2023 reflects the country’s economic growth and international influence. In 2023, US exports and primary income bop will reach US$4.47 trillion, the highest value on record. As the world’s largest economic power, the United States has strengths in technological innovation, the service industry, and financial markets, and exports a wide range of products. In addition, primary income (bop) reflects the income the United States receives from foreign assets and profits from foreign direct investment, with financial markets and global corporations making particularly large contributions. During this time, we have been hit by widening trade deficits and economic crises, but overall America’s export power and international income position have remained strong. Currently at 100% of its peak, the American economy remains a vital player in international trade.
The maximum is 329kapplication of United States, the average is 7.36kapplication, and the total is 883kapplication
Patent applications, non-residents (region, latest year)
According to data for 2023, the European Union (EU) recorded the largest share of goods and services exports and primary income BOP (USD) at US$12.2 trillion, indicating its important role in the global economy. The global total is US$39.7 trillion, with an average of US$4.42 trillion. The EU has strong manufacturing, service and financial sectors, with large countries such as Germany and France making particularly significant contributions. In addition, primary income (BOP) is largely driven by profits the EU earns from its overseas assets and international financial activities. As has been the case over time, the EU has maintained stable export strength and share of world income and remains a central player in the global economy. On the other hand, political changes such as the UK’s withdrawal from the EU (Brexit) have also had an impact, but overall the EU has continued to experience solid growth.
The maximum is 358kapplication of North America, the average is 138kapplication, and the total is 968kapplication
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