In order to be a good commodity trader you need to know your field – like in any other business, basically. And you need to know what country exports what, so that you can follow every little change and never let small details derail your profits.
So, who exports what?
1. USA.
Refined and Crude Petroleum $71.32 billion
Soybeans $22.3 billion
Gold $17.7 billion
Corn $9.82 billion
Wheat $5.13 billion
Total GDP of the country equals $18.5 trillion.
2. China
Cotton $15 billion
Tea $1.5 billion
Rice $378.8 million
Potatoes $227.2 million
Soybeans $108.5 million
Total GDP of the country is $11.2 trillion.
3. Japan
Gold $7.11 billion
Refined Petroleum $7.47 billion
Silver $926 million
Copper $2.39 billion
Steel $4.17 billion
Per-capita GDP in Japan reached more than $41.000 and it keeps on growing.
4. Germany
Gold $5.2 billion
Wheat $1.93 billion
Petroleum Gas $5.7 billion
Silver $1.22 billion
Refined Petroleum $10.9 billion
Nominal GDP of Germany equals $3.4 trillion.
5. UK
Gold $15.6 billion
Platinum $4.17 billion
Crude Petroleum $13.2 billion
Silver $782 million
Wheat $517 million
Even though Brexit is really close the GDP of UK stands st $2.6 trillion and is only expected to rise in the nearest future.
6. France
Wheat $3.37 billion
Aluminium $1.51 billion
Refined Petroleum $6.68 billion
Corn $1.63 billion
Barley $1.07 billion
GDP of France equals $2.5 trillion.
7. India
Diamonds $9.3 billion
Refined Petroleum $25.4 billion
Rice $5.32 billion
Aluminum $1.57 billion
Raw Sugar $1.45 billion
GDP in India is $6,570 per capita.