In a global context of economic slowdown and geopolitical tensions, international trade remains one of the main indicators of nations’ productive strength and competitiveness. According to recent data from the World Trade Organization (WTO), China maintained its absolute leadership of global exports in 2024, accounting for 14.6% of all goods sold worldwide.
Despite trade restrictions imposed by the United States, Beijing has strengthened its economic ties with Africa, Southeast Asia and Europe, consolidating its status as the world’s leading exporting power. Meanwhile, the United States is pursuing a strategy of greater self-sufficiency and domestic reindustrialisation, in an attempt to reduce dependence on external supply chains.
Other Asian countries continue to gain relevance on the global stage. Vietnam and Hong Kong (SAR) recorded double-digit growth, reflecting the increasing diversification of production chains and the region’s central role in the technology and manufacturing industries. France also surprised with a solid performance, demonstrating resilience and adaptability in Europe’s export sector.
By contrast, Australia recorded the sharpest contraction in exports, affected by volatile commodity prices and declining demand in some of its key markets.
Source: Economia & Mercado
