G20

Exports (2022)$18.2T
Imports (2022)$18T
Main Exporter (2022)China $3.73T
Main Importer (2022)United States$3.12T
Internal Trade (2022)77.1%of total trade

About

Overview G20 (G20) is an International Organization composed by China, United States, Germany, Japan, South Korea, Netherlands, Italy, France, Canada, Mexico, Russia, Belgium, United Kingdom, India, Australia, Spain, Saudi Arabia, Poland, Brazil, Indonesia, Turkey, Czechia, Ireland, Austria, Sweden, South Africa, Hungary, Denmark, Slovakia, Romania, Finland, Argentina, Portugal, Slovenia, Greece, Bulgaria, Lithuania, Croatia, Estonia, Latvia, Luxembourg, Cyprus, and Malta. In 2022, G20 exported $18.2T (76.8% of global exports) and imported $18T (75.8% of global imports). Its largest exporter, China exported $3.73T, which corresponds to 20.5% of the total exports. On the other hand, the largest importer, United States, imported $3.12T, which is 17.4% of the total imports of G20.

Trade In 2022, G20's most exported products were Bituminous Petroleum Distillates (Excl. Crude) ($784B), Crude Petroleum Oils ($753B), Digital Monolithic Integrated Circuits ($479B), Radio/TV Transmit-Receive Apparatus ($441B), and Medicaments in Dosage (n.e.s.) ($316B). The same year, the most imported products were Crude Petroleum Oils ($1.26T), Bituminous Petroleum Distillates (Excl. Crude) ($632B), Digital Monolithic Integrated Circuits ($464B), Radio/TV Transmit-Receive Apparatus ($393B), and Gaseous Natural Gas ($381B).

Partners In 2022, G20's exports went primarly to United States ($2.49T), China ($1.37T), Germany ($1.24T), France ($670B), and Netherlands ($635B). The same year, G20's imported primarily from China ($2.38T), United States ($1.51T), Germany ($1.39T), Netherlands ($592B), and Canada ($552B).

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 G20

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 G20 were Crude Petroleum ($674B), Cars ($631B), Refined Petroleum ($488B), Petroleum Gas ($383B), and Motor vehicles; parts and accessories (8701 to 8705) ($355B).

The same year, the principal destinations of internal exports were United States ($2.49T), China ($1.37T), Germany ($1.24T), France ($670B), and Netherlands ($635B).

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 G20 were Hong Kong ($419B), Chinese Taipei ($311B), Switzerland ($288B), Vietnam ($281B), and Singapore ($260B).

The same year, the principal destinations of external exports were Refined Petroleum ($297B), Integrated Circuits ($237B), Broadcasting Equipment ($141B), Cars ($118B), and Gold ($93.8B).

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

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Top Export (2022)Refined Petroleum$784B
Top Destination (2022)United States$2.49T

In 2022, G20 exported a total of $18.2T. During the last five reported years the exports of G20 have changed by $4.62T from $13.6T in 2017 to $18.2T in 2022.

The most recent exports are led by Refined Petroleum ($784B), Crude Petroleum ($753B), Cars ($749B), Integrated Circuits ($492B), and Broadcasting Equipment ($443B). The most common destination for the exports of G20 are United States ($2.49T), China ($1.37T), Germany ($1.24T), France ($670B), and Netherlands ($635B).

Exports (2021)
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Destinations (2021)
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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

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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 G20 were Japan (2.09), South Korea (1.79), Germany (1.78), Czechia (1.56), and Austria (1.5).

On the other hand, the countries with higher GDP per capita were Luxembourg ($126k), Ireland ($104k), United States ($76.4k), Denmark ($67k), and Australia ($64.5k).

Finally, the biggest exporters of G20 were China ($3.73T), United States ($1.95T), Germany ($1.6T), Japan ($728B), and South Korea ($705B).

GDP per capita v/s ECI for countries that comprise G20 (2022)

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