world merchandise trade in millions of constant us dollars 2007=100: 1948 exports 424205,imports 453461 ,total trade 877666; 1958 exports 642978, imports 672204, total trade 1315182; 1968 exports 1163869, imports 1211963, total trade 2375832; 1971 exports 1467084, imports 1516816, total trade 2983900, gdp 15047582, trade as % of gdp 20%; 1981 exports 4073651, imports 4187146, total trade 8260796, gdp 21257504, trade as % of gdp 39%;1991 exports 4987367, imports 5154795, total trade 10142162, gdp 28806602, trade as % of gdp 35%; 2001 exports 7244024, imports 7588031, total trade 14832055, gdp 38142310, trade as % of gdp 39%; 2007 exports 13950000, imports 14244000, total trade 28194000,gdp 54347038, trade as % of gdp 52%.

In 2007, world merchandise trade grew by 9.2% over the preceding year in constant dollars of 2007, reaching a total of 28,194 billion, or 52% of the world GDP estimated at 54,347 billion. From 1948 to 2007, trade grew at an average annual growth rate of 6.1% (resulting in the doubling in size every 12 years).

 

World Merchandise Trade & GDP Compared
1948-2007

(Million constant US$ - 2007=100)

Year

Exports

Imports

World Trade

World Gross Product
1948 424,205 453,461 877,666  
1949 439,638 461,620 901,258  
1950 449,373 463,869 913,243  
1951 568,041 595,090 1,163,131  
1952 545,162 585,052 1,130,214  
1953 551,693 558,261 1,109,955  
1954 565,998 579,010 1,145,008  
1955 607,294 632,865 1,240,159  
1956 648,723 673,436 1,322,159  
1957 681,656 723,512 1,405,168  
1958 642,978 672,204 1,315,182  
1959 681,330 710,200 1,391,531  
1960 740,273 780,134 1,520,406  
1961 765,813 805,230 1,571,044  
1962 794,366 838,806 1,633,173  
1963 862,974 901,451 1,764,425  
1964 952,854 990,752 1,943,606  
1965 1,010,208 1,058,060 2,068,268  
1966 1,075,325 1,127,023 2,202,348  
1967 1,093,203 1,143,349 2,236,552  
1968 1,163,869 1,211,963 2,375,832  
1969 1,269,228 1,315,048 2,584,276  
1970 1,379,446 1,431,665 2,811,111  
1971 1,467,084 1,516,816 2,983,900 15,047,582
1972 1,664,221 1,719,828 3,384,049 15,886,090
1973 2,181,961 2,238,391 4,420,352 16,884,344
1974 2,898,357 2,970,816 5,869,173 17,121,763
1975 2,765,082 2,875,433 5,640,514 17,300,454
1976 2,956,948 3,058,295 6,015,243 18,132,865
1977 3,161,313 3,281,824 6,443,137 18,850,509
1978 3,422,417 3,555,961 6,978,378 19,664,034
1979 4,011,761 4,096,398 8,108,159 20,466,059
1980 4,509,478 4,600,377 9,109,856 20,862,282
1981 4,073,651 4,187,146 8,260,796 21,257,504
1982 3,596,810 3,707,599 7,304,409 21,325,655
1983 3,391,972 3,472,821 6,864,793 21,878,560
1984 3,464,047 3,566,764 7,030,811 22,874,149
1985 3,358,347 3,463,188 6,821,535 23,751,997
1986 3,595,321 3,709,672 7,304,992 24,526,862
1987 4,118,491 4,226,528 8,345,018 25,389,202
1988 4,541,339 4,691,714 9,233,053 26,571,108
1989 4,725,164 4,882,263 9,607,426 27,569,354
1990 5,064,902 5,213,222 10,278,125 28,362,020
1991 4,987,367 5,154,795 10,142,162 28,806,602
1992 5,222,055 5,384,334 10,606,389 29,433,375
1993 5,127,167 5,254,600 10,381,767 29,941,242
1994 5,742,630 5,879,359 11,621,989 30,951,199
1995 6,717,584 6,873,686 13,591,271 31,841,142
1996 6,897,731 7,080,292 13,978,023 32,942,787
1997 7,020,891 7,206,741 14,227,632 34,188,303
1998 6,832,115 7,058,155 13,890,270 35,037,909
1999 6,992,980 7,248,851 14,241,831 36,125,898
2000 7,735,321 8,060,022 15,795,343 37,557,523
2001 7,244,024 7,588,031 14,832,055 38,142,310
2002 7,465,859 7,755,661 15,221,521 38,840,684
2003 8,541,073 8,854,115 17,395,188 39,904,986
2004 10,092,119 10,474,131 20,566,250 41,536,581
2005 11,114,096 11,508,416 22,622,512  
2006 12,438,987 12,762,464 25,201,451 49,766,113
2007 13,950,000 14,244,000 28,194,000 54,347,038

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Sources: see WTO

 

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