NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

G20

Exports (2023)$17.4T
Imports (2023)$17.1T
Main Exporter (2023)China $3.42T
Main Importer (2023)United States$3T
Internal Trade (2023)77.2%of total trade

About

Overview G20 (G20) is an International Organization composed by China, United States, Germany, Japan, South Korea, Italy, France, Mexico, Netherlands, Canada, India, Belgium, United Kingdom, Spain, Russia, Australia, Brazil, Poland, Saudi Arabia, Indonesia, Turkey, Ireland, Czechia, Austria, Sweden, South Africa, Hungary, Denmark, Slovakia, Romania, Finland, Portugal, Argentina, Slovenia, Greece, Bulgaria, Lithuania, Croatia, Estonia, Latvia, Luxembourg, Malta, and Cyprus. In 2023, G20 exported $17.4T (76.9% of global exports) and imported $17.1T (75.8% of global imports). Its largest exporter, China exported $3.42T, which corresponds to 19.7% of the total exports. On the other hand, the largest importer, United States, imported $3T, which is 17.5% of the total imports of G20.

Trade In 2023, G20's most exported products were Crude Petroleum Oils ($667B), Bituminous Petroleum Distillates (Excl. Crude) ($638B), Radio/TV Transmit-Receive Apparatus ($452B), Digital Monolithic Integrated Circuits ($425B), and Medicaments in Dosage (n.e.s.) ($327B). The same year, the most imported products were Crude Petroleum Oils ($1.11T), Bituminous Petroleum Distillates (Excl. Crude) ($543B), Digital Monolithic Integrated Circuits ($440B), Radio/TV Transmit-Receive Apparatus ($422B), and Medicaments in Dosage (n.e.s.) ($298B).

Partners In 2023, G20's exports went primarly to United States ($2.38T), China ($1.35T), Germany ($1.15T), France ($666B), and United Kingdom ($601B). The same year, G20's imported primarily from China ($2.15T), United States ($1.43T), Germany ($1.36T), Mexico ($564B), and Netherlands ($536B).

Latest Trends

Latest Data

Flow
View
Y-AXIS SCALE

The following section shows the trade patterns over time for countries that comprise the organization.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Organization Composition

View
Flow
Y-AXIS SCALE
Value

The following section shows the trade patterns over time for all the countries that comprise the organization, using historical dataset.

Yearly Exports of G20

Internal Trade

Flow
Depth
Color

Internal Trade includes all trade between the countries that comprise this organization.

In 2023, the top internal exports of G20 were Cars ($794B), Crude Petroleum ($592B), Refined Petroleum ($392B), Motor vehicles; parts and accessories (8701 to 8705) ($387B), and Packaged Medicaments ($319B).

The same year, the principal destinations of internal exports were United States ($2.38T), China ($1.35T), Germany ($1.15T), France ($666B), and United Kingdom ($601B).

Internal Exports (2021)
[Click to Select a Product]

Internal Destinations (2021)
[Click to Select a Country]

External Trade

Flow
Depth

External trade includes all world trade excluding the countries that comprise this organization.

In 2023, the top external exports of G20 were Hong Kong ($432B), Switzerland ($294B), Chinese Taipei ($263B), Singapore ($257B), and United Arab Emirates ($252B).

The same year, the principal destinations of external exports were Refined Petroleum ($246B), Integrated Circuits ($225B), Broadcasting Equipment ($151B), Cars ($148B), and Gold ($114B).

External Exports (2021)
[Click to Select a Product]

External Destinations (2021)
[Click to Select a Country]

Total Trade

Flow
Color
Depth
Top Export (2023)Cars$942B
Top Destination (2023)United States$2.38T

In 2023, G20 exported a total of $17.4T. During the last five reported years the exports of G20 have changed by $2.58T from $14.8T in 2018 to $17.4T in 2023.

The most recent exports are led by Cars ($942B), Crude Petroleum ($667B), Refined Petroleum ($638B), Broadcasting Equipment ($454B), and Integrated Circuits ($443B). The most common destination for the exports of G20 are United States ($2.38T), China ($1.35T), Germany ($1.15T), France ($666B), and United Kingdom ($601B).

Exports (2021)
[Click to Select a Product]

Destinations (2021)
[Click to Select a Country]

Largest Export by Country

Indicator

The following visualization shows the principal export per country, the product which has grown the most over the past 5 years or the product in which the country has a higher level of specialization, measured by the RCA Index.

Biggest export by country (2021)

Trade between organizations

Flow
Color
Depth

This visualization show trade between international organizations. The default selection shows the trade with the rest of the world.

Exports (2021)

Destinations (2021)

Economic Complexity

Complexity and Country Indicators

Indicator

This visualization compares the Economic Complexity Index (ECI) with different indicators about country development such as GDP per capita or Inflation. For more information about ECI, check the Methods page.

In 2023, the countries with higher complexity that belong to G20 were Japan (2.09), South Korea (1.86), Germany (1.79), Czechia (1.61), and Austria (1.56).

On the other hand, the countries with higher GDP per capita were Luxembourg ($129k), Ireland ($104k), United States ($82.8k), Denmark ($68.5k), and Australia ($64.8k).

Finally, the biggest exporters of G20 were China ($3.42T), United States ($1.86T), Germany ($1.57T), Japan ($766B), and South Korea ($645B).

GDP per capita v/s ECI for countries that comprise G20 (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms