Export Promotion & Market Development

1356 · 670 years ago

The Hanseatic League formalised its trading confederation at the first general assembly in Lübeck

Merchant guilds from dozens of Northern European towns coordinated to dominate trade in timber, grain, furs and cloth across the Baltic and North Seas, at its peak controlling a share of Northern European commerce that no single kingdom could match, an early demonstration of scale achieved through cooperation rather than conquest.

1600 · 426 years ago

The British East India Company received a royal charter granting it a monopoly on trade with Asia

Queen Elizabeth I's charter gave a group of London merchants exclusive rights to trade east of the Cape of Good Hope, and over the following two centuries the company grew into the dominant force in Anglo-Asian trade, laying commercial foundations that later underpinned Britain's nineteenth-century export supremacy.

1851 · 175 years ago

Britain staged the Great Exhibition to showcase its industrial dominance to the world

Six million visitors toured the Crystal Palace in London to see the products of a country that then produced roughly a fifth of the world's manufactured exports, cementing Britain's reputation as the workshop of the world at the peak of its nineteenth-century industrial and trading supremacy.

1890 · 136 years ago

The United States overtook Britain to become the world's largest manufacturing exporter

American factories, powered by a vast domestic market and abundant raw materials, pulled ahead of British output around the turn of the 1890s, ending a century of British manufacturing primacy and setting the stage for the United States to dominate world export rankings for most of the following century.

1913 · 113 years ago

World trade reached a share of global output that would not be matched again for six decades

On the eve of the First World War, exports across the major economies had climbed to around 8 per cent of world output, a first era of globalisation driven by railways, steamships and the telegraph that collapsed amid war and depression and was not surpassed again until the 1970s.

1956 · 70 years ago

Malcolm McLean loaded the first commercial container ship, transforming the economics of moving export cargo

The Ideal X sailed from New Jersey to Texas carrying steel truck bodies stacked in standardised metal boxes rather than loaded piece by piece, a change that within decades cut the cost of shipping so sharply that exporting goods across oceans in bulk became viable at a scale never previously possible.

1957 · 69 years ago

Six European countries signed the Treaty of Rome, creating a tariff-free market of a size no single one could offer alone

France, West Germany, Italy, Belgium, the Netherlands and Luxembourg agreed to phase out tariffs between themselves over twelve years, creating the European Economic Community and giving each member's exporters guaranteed access to a market vastly larger than their national economies, a model of scale through integration since copied worldwide.

1962 · 64 years ago

South Korea launched its first five-year plan built around export-led growth

President Park Chung-hee's government set explicit export targets for individual firms and industries, backing them with credit and tax incentives, a state-directed strategy that took South Korean exports from under 100 million US dollars a year to hundreds of billions within a few decades.

1980 · 46 years ago

Japan overtook the United States as the world's largest car exporter

Japanese manufacturers built more passenger cars for export that year than any other country, a milestone that intensified trade friction with Washington and pushed Japan to open transplant factories across America through the following decade to defuse the political backlash against its export success.

2002 · 24 years ago

United States imposed a steel tariff that strained trading relations

The United States levied tariffs on imported steel in 2002, an example of how tariff measures create tension between trading partners. Such barriers directly affect exporters' access to foreign markets and hence export scale.

2009 · 17 years ago

China overtook Germany to become the world's largest exporter of goods

China's exports reached roughly 1.2 trillion US dollars in 2009, edging past Germany for the first time even as the global financial crisis shrank world trade, a position China has held every year since and one that marked the definitive shift of manufacturing scale toward Asia.

February 2019 · 7 years ago

RA Government approved a government programme making economic growth the objective

The programme, approved in February 2019 and covering the period 2019-2024, responded to the growth in international business activity under the multilateral trading system. It set economic growth as the explicit aim of government policy, framing the treatment of export barriers.

July 2026 · last month

South Korea watched monthly exports slip for a second straight month

South Korean shipments fell to 98.89 billion US dollars in July 2026 from 102.17 billion in June, a reminder that one of the world's top ten exporters remains heavily exposed to swings in global semiconductor demand and to shifting American and Chinese trade policy.

July 2026 · last month

Taiwan rode semiconductor demand to another month of rising exports

Taiwanese exports climbed to 75.3 billion US dollars in July 2026 from 74.8 billion the previous month, extending a run built on global demand for advanced chips and AI-related hardware, a sector in which the island holds an outsized share of world production capacity.

July 2026 · last month

China kept exports growing after a record 412 billion dollar month

Chinese exports rose 23.9 per cent year-on-year to 397.85 billion US dollars in July 2026, easing only slightly from June's all-time high of 412.39 billion dollars, as manufacturers rushed shipments to the United States ahead of a new tariff and semiconductor exports almost doubled in value.

• High-tech exports soared even faster than the headline total

June 2026 · 2 months ago

Japan booked a jump in the yen value of exports as a weak currency inflated overseas earnings

Japanese export values rose to 10.93 trillion yen in June 2026 from 9.51 trillion in May, a gain flattered in yen terms by a currency that has stayed weak against the dollar, boosting the competitiveness and reported scale of Japan's car, machinery and electronics exports.

June 2026 · 2 months ago

Singapore grew re-export earnings as a regional trading hub

Singaporean exports rose to 85.98 billion Singapore dollars in June 2026 from 83.18 billion in May, a scale disproportionate to the city-state's small population that reflects its role as South East Asia's dominant entrepot for goods produced elsewhere and re-routed onward to global buyers.

June 2026 · 2 months ago

The United States posted a modest dip in monthly exports to 315 billion US dollars

American exporters shipped 314.73 billion US dollars of goods in June 2026, down from 317.63 billion in May, a modest dip that nonetheless left the United States among the world's two or three largest exporters alongside China and Germany.

June 2026 · 2 months ago

India saw export growth cool to just 15.5 per cent as manufacturers rushed shipments before a US trade deal expired

Exports rose 15.5 per cent year-on-year to 40.4 billion US dollars in June 2026, with shipments to the United States, India's largest market, running high as exporters raced to beat the expiry of the US-India trade deal in July, which threatened steeper tariffs on Indian manufacturers.

• India's shipments to the United States had already been hit hard by steep US tariffs the previous autumn

May 2026 · 3 months ago

Vietnam pushed monthly exports to a record 46.93 billion US dollars

Vietnamese exports rose 18.0 per cent year-on-year to an all-time high in May 2026, according to the General Statistics Office, extending a run in which shipments over the first four months of the year climbed 19.5 per cent to 215.66 billion dollars, driven by telephones, textiles and electronics.

March 2026 · 5 months ago

Nigeria logged its largest trade surplus on record

Nigerian export earnings, boosted by higher oil output and a weaker naira, surged to 8.88 trillion naira in March 2026 from 5.94 trillion the month before, a jump of around 49 per cent that helped push the country's trade surplus to its highest level on record.

2025 · last year

Germany shipped goods worth 1.77 trillion US dollars around the world

German exporters sold more abroad in 2025 than Mexico, Turkey and Indonesia combined, with the United States, France and the Netherlands the three largest single destinations, underscoring Germany's position as one of the handful of economies whose export sector rivals the size of a mid-sized country's entire economy.

• China ranked as Germany's sixth-largest single export market

2022 · 4 years ago

The country received an enormous influx of Russian visitors and tourists

In 2022 the country recorded a very large number of Russian visitors and tourists, attributed to the military situation in Russia. Tourism counts as a traded service, so such inflows register as service exports.