Business

Top 10 best selling products in the world

A huge number of trillions of dollars worth of goods are sold every year around the world. Different nations produce and export the same products to their customers every day, but some countries produce and export more than their competitors. In 2019, cars are the world's best-selling commodity, accounting for about 4.9% of global trade.

1. Cars


In world trade, cars account for about $ 1.35 trillion - they are the most sold. The main exporter of cars is Germany, which accounts for about 22% of total car sales, export revenue - $ 150 billion. Japan exports 90.3 billion worth of cars, while the United States' share of this type of exports is approximately 8%. Canada exports $ 48.8 billion worth of cars, about 7.3%, while South Korea exports $ 37.4 billion worth of products. The largest importers of cars are the United States, which purchases over $ 170 billion of foreign cars annually, Germany, Great Britain and China.

2. Petroleum products


Refined petroleum products, such as gasoline or diesel fuel, occupy the second position in the ranking. The largest fuel exporters are the United States ($ 61.9 billion), followed by Russia ($ 45.1 billion) and Singapore ($ 35.5 billion). The Netherlands sold about 8.3% of its fuel exports, while India exports gasoline worth 25.4 billion. The main importers of fuel are the United States ($ 41.2 billion), followed by Singapore (31.5 billion), and then the Netherlands. Petroleum products are the main export item for various countries, including Jamaica, Croatia, Lithuania, Greece and Lithuania.

3. Integrated circuits


Integrated circuits, otherwise called microcircuits or microchips, are the most important part of exports to the Philippines, Malaysia, Singapore, South Korea, and Hong Kong. The leading exporters of semiconductor circuits are Hong Kong, which exports $ 96.9 billion in chips, followed by Singapore ($ 65.5 billion), China ($ 54.8 billion) and Malaysia. The leading importers of integrated circuits are China, which bought them for $ 128 billion, followed by Hong Kong, which bought microchips for $ 81.4 billion, Singapore and the United States. South Korea buys $ 19.8 billion in integrated circuits

4. Car parts


Automotive parts are the main export product of various countries including Portugal, Romania, Poland and the United States. As a leading exporter of automobiles, Germany is also a leading exporter of auto parts, with exports of $ 56.3 billion. In addition, the US ($ 43 billion), Japan ($ 31.3 billion), China and Mexico are notable traders. Top importer of automobiles, the USA is also the largest importer of auto parts. They import $ 64.9 billion worth of auto parts, followed by Germany ($ 37.4 billion), followed by China and Mexico.

5. Computers


China is the largest computer manufacturer and exporter. Controlling more than 44% of world computer sales, China sells overseas products worth $ 136 billion. Other leading exporters of computers include the United States ($ 26.4 billion), Hong Kong ($ 19.9 billion), Mexico (21, $ 2 billion), followed by Germany, which exported computers worth $ 14.7 billion.The main importers are the Czech Republic ($ 15.5 billion), Japan ($ 15.5 billion), Hong Kong ($ 22.2 billion). dollars) and Germany (24.3 billion dollars).

6. Pharmaceuticals


Medicines are mainly exported from Malta and Italy. Germany became the largest exporter of pharmaceuticals, exporting $ 48.3 billion in products, followed by Switzerland, Belgium and France. The United States is also one of the leading exporters of pharmaceuticals, with US sales of $ 22.4 billion. The largest importers of pharmaceuticals are the United States, Belgium, Germany, Switzerland and the United Kingdom.

7. Gold


Switzerland became the main exporter of gold with a sales volume of about 28%. Other leading exporters of gold are the UK ($ 15.6 billion), the UAE ($ 15.8 billion), the United States ($ 17.7 billion) and Hong Kong ($ 82.1 billion). The largest importers of gold are Switzerland ($ 82.9 billion), Hong Kong ($ 29.4 billion), the United Arab Emirates ($ 31.9 billion), China ($ 62.6 billion) and the United Kingdom ($ 57.9 billion). ... Gold is one of the leading export items for the United Arab Emirates, Turkey, the United Kingdom, Ghana, Tanzania, Mali and Egypt and other countries.

8. Crude oil


Crude oil is the eighth best-selling commodity. Oil is exported by a variety of countries, including Colombia, Ecuador, Oman, Kazakhstan, Norway and Russia. The largest oil exporters are Russia ($ 73.7 billion), Mexico ($ 15.5 billion), Kazakhstan ($ 19.4 billion), Norway ($ 22.8 billion) and Canada ($ 39.5 billion). The largest oil importers are South Korea ($ 44.3 billion), Japan ($ 50.8 billion), India ($ 60.7 billion), the United States ($ 108 billion) and China ($ 116 billion). ).

9. Telephones


Phones, or rather smartphones, are the ninth best-selling items. It is the most important import item in Hong Kong and the main exported product from Estonia. China is the largest manufacturer and thus the leading exporter of phones, selling 84.3 billion worth of goods.Other major exporters: Mexico ($ 15.7 billion), South Korea ($ 16.5 billion), the United States ($ 23.5 billion dollars) and Hong Kong (50.9 billion dollars). The United States is the main importer of phones, followed by Hong Kong, China, India and the Netherlands.

10. Broadcast equipment


Equipment for Bluetooth networks, radio and television broadcasting, and antennas are the tenth best-selling commodity in the world. China is a major exporter of broadcast equipment, contributing over 58% of total sales. The other largest exporters are Germany ($ 6.42 billion), South Korea ($ 8.14 billion), the United States ($ 11.8 billion) and Hong Kong ($ 23.6 billion). The largest importers of these goods include the United Kingdom ($ 9.7 billion), Germany ($ 11.9 billion), Japan ($ 15.2 billion), Hong Kong ($ 34.5 billion), but the main importer is the United States, which buys more than 24% of this equipment annually. A large share of imports comes from Rwanda and Macau.

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