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Organisation for Economic Co-operation and Development

Exports (2022)$13.1T
Imports (2022)$14.6T
Main Exporter (2022)United States $1.95T
Main Importer (2022)United States$3.12T
Internal Trade (2022)73.1%of total trade

About

Overview OECD (Organisation for Economic Co-operation and Development) is an International Organization composed by United States, Germany, Japan, South Korea, Netherlands, Italy, France, Canada, Mexico, Belgium, United Kingdom, Australia, Switzerland, Spain, Poland, Norway, Turkey, Czechia, Ireland, Austria, Sweden, Hungary, Denmark, Slovakia, Chile, Finland, Portugal, Israel, Colombia, Slovenia, Greece, Lithuania, New Zealand, Estonia, Latvia, Luxembourg, Costa Rica, and Iceland. In 2022, OECD exported $13.1T (55.1% of global exports) and imported $14.6T (61.6% of global imports). Its largest exporter, United States exported $1.95T, which corresponds to 15% of the total exports. On the other hand, the largest importer, United States, imported $3.12T, which is 21.4% of the total imports of Organisation for Economic Co-operation and Development.

Trade In 2022, OECD's most exported products were Oils petroleum, bituminous, distillates, except crude ($526B), Petroleum oils, oils from bituminous minerals, crude ($411B), Medicaments nes, in dosage ($334B), Natural gas in gaseous state ($296B), and Monolithic integrated circuits, digital ($277B). The same year, the most imported products were Petroleum oils, oils from bituminous minerals, crude ($784B), Oils petroleum, bituminous, distillates, except crude ($551B), Natural gas in gaseous state ($362B), Transmit-receive apparatus for radio, TV, etc. ($345B), and Medicaments nes, in dosage ($299B).

Partners In 2022, OECD's exports went primarly to United States ($1.85T), Germany ($1.13T), China ($981B), France ($625B), and United Kingdom ($528B). The same year, OECD's imported primarily from China ($1.94T), United States ($1.32T), Germany ($1.28T), Netherlands ($567B), and Canada ($523B).

Latest Trends

Latest Data

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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.

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Historical Data

Organization Composition

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Value

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

Yearly Exports of OECD

Internal Trade

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

In 2022, the top internal exports of OECD were Cars ($542B), Petroleum Gas ($425B), Refined Petroleum ($346B), Packaged Medicaments ($338B), and Crude Petroleum ($331B).

The same year, the principal destinations of internal exports were United States ($1.85T), Germany ($1.13T), France ($625B), United Kingdom ($528B), and Netherlands ($503B).

Internal Exports (2021)
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Internal Destinations (2021)
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External Trade

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

In 2022, the top external exports of OECD were China ($981B), India ($212B), Chinese Taipei ($206B), Singapore ($153B), and Hong Kong ($134B).

The same year, the principal destinations of external exports were Integrated Circuits ($209B), Refined Petroleum ($180B), Cars ($129B), Gold ($123B), and Iron Ore ($82.3B).

External Exports (2021)
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External Destinations (2021)
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Total Trade

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Top Export (2022)Cars$671B
Top Destination (2022)United States$1.85T

In 2022, OECD exported a total of $13.1T. During the last five reported years the exports of OECD have changed by $3T from $10.1T in 2017 to $13.1T in 2022.

The most recent exports are led by Cars ($671B), Refined Petroleum ($526B), Petroleum Gas ($491B), Packaged Medicaments ($412B), and Crude Petroleum ($411B). The most common destination for the exports of OECD are United States ($1.85T), Germany ($1.13T), China ($981B), France ($625B), and United Kingdom ($528B).

Exports (2021)
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Destinations (2021)
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Largest Export by Country

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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

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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 2022, the countries with higher complexity that belong to Organisation for Economic Co-operation and Development were Japan (2.09), Switzerland (1.99), South Korea (1.79), Germany (1.78), and Czechia (1.56).

On the other hand, the countries with higher GDP per capita were Luxembourg ($126k), Norway ($106k), Ireland ($104k), Switzerland ($92.1k), and United States ($76.4k).

Finally, the biggest exporters of OECD were United States ($1.95T), Germany ($1.6T), Japan ($728B), South Korea ($705B), and Netherlands ($674B).

GDP per capita v/s ECI for countries that comprise Organisation for Economic Co-operation and Development (2022)

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