China's Export Crown Global Hong Kong ranks 11th in the world

According to the World Trade Organization’s economic and trade statistics report, China’s merchandise exports exceeded the United States last year, ranking first in the world.

According to data released by the World Trade Organization (WTO), the top 10 exporters of global commodity goods last year were China, the United States, Germany, Japan, the Netherlands, France, South Korea, Italy, Belgium, and the United Kingdom.

Among them, China's exports accounted for 10.4% of the world's total and exports totaled 1.58 trillion U.S. dollars, which was 8.4% compared with the U.S. and 1.278 billion U.S. dollars, and the leading gap was 300 billion U.S. dollars.

In Germany, which is closely following, the proportion of exports to the world only lags behind that of the United States by 0.1 percentage point. The total export volume is only US$19 billion, and the fourth largest export volume in Japan is US$777 billion, accounting for 5.5% of the world's total. However, due to Japan’s earthquake and tsunami disaster, the WTO assessed that Japan’s export volume this year is expected to decline by 0.5% to 1.6%.

South Korea last year exported 466 billion U.S. dollars, ranking 7th in the world and leading Europe in Italy, Belgium and the United Kingdom.

Hong Kong ranks 11th in the world with total exports of US$405 billion.

Singapore's exports ranked 14th in the world, with total exports of 352 billion US dollars.

Taiwan's exports ranked 16th in the world, with total exports worth 275 billion U.S. dollars.

As regards the importation of commodity goods, the United States and mainland China separated from the United States and China, with a total of US$1.968 trillion in US imports and US$1.395 trillion in mainland China.

This was followed by Germany’s 667 billion U.S. dollars, Japan’s 693 billion U.S. dollars, France’s 600.6 billion U.S. dollars, Britain’s 558 billion U.S. dollars, the Netherlands’ U.S. dollar 517 billion U.S. dollars, Italy’s 444 billion U.S. dollars, Hong Kong’s 442 billion U.S. dollars, and South Korea’s 425 billion U.S. dollars.

While Singapore and Taiwan are separated by 15th and 17th, total merchandise imports are US$311 billion and US$251 billion, respectively.