Source: WTO.
Share of World Goods Exports, Leading Exporters, 1950-2014
While the contribution of major traders to global exports can fluctuate in time, the share of the world leading exporters (United States, Japan, Germany and China) remains relatively stable around 32% of global exports. The relative decline of American exports has been an enduring trend, losing its status of the world's largest exporter in 2003 to Germany and to China in 20009. Japan's share substantially improved up the the mid 1980s as the country followed export-oriented strategies. However, this share declined afterwards, the outcome of the offshoring of its manufacturing activities. However, many American, Japanese and Korean corporations have relocated in China some of their production facilities, so a share of Chinese exports are embedded within supply chains in part controlled by foreign interests.