Global trade tracker

The tariffs introduced by the United States in President Donald Trump’s second term have led to a major reshuffling of global trade. In the wake of those tariffs, this tracker visualises goods-trade flows between major economic blocs: the United States, the European Union, China, Japan, the United Kingdom and the rest of the world. Among partner countries, we also highlight Canada and Mexico. This allows an assessment of both how trade with the US has changed and how trade between other economies has been reshaped.

For the EU, we include only trade with non-EU countries and exclude intra-EU trade.

Data for each figure can be downloaded using the download button at the bottom left of each. A downloadable Excel file (accessible via the ‘Download’ button at the top of this page) contains the data for all figures starting in 2010, in three formats: US dollars without seasonal adjustment, US dollars with seasonal adjustment and as a percentage of GDP with seasonal adjustment.

This dataset will be updated regularly. Data may change for earlier months due to revisions in the underlying data.

For the first assessment of the results from this dataset, see Darvas and Lappe (2026).

Click on the arrow below the figure to move to the next country

Figure 1 presents data in US dollars from customs trade statistics, which include detail by partner country and product. However, this data may reflect price and exchange rate effects in addition to changes in trade volume. Figure 2 shows national accounts data, which include volume indices for total trade but are not disaggregated by partner or product.

Higher-than-average US tariffs have been applied to automobiles (16 percent by October 2025¹), steel (27 percent) and aluminium (40 percent). Figures 3 and 4 show trade developments for these products in the US and the EU. 

Click on the arrow below the figure to move to the next product

Click on the arrow below the figure to move to the next product

To provide a longer-term perspective, Figure 5 shows trade flows as a share of GDP since 2010. Nominal values over such a long period are affected by inflation, which is accounted for by expressing trade relative to GDP. This measure also reflects the overall trade openness of the economy. We approximated monthly GDP from available quarterly series using a frequency conversion method resulting in a smooth series (see the note to the figure for details). 

Click on the arrow below the figure to move to the next country

The five main economies included in this dataset – the US, the EU, China, Japan and the UK – together account for about half of all global exports. Consequently, their aggregate trade-to-GDP ratio (Figure 6) may provide a useful indication of broader trends in global trade openness.

Except for Figure 2, the other figures in this dataset are based on the local statistical services of the five main economies studied. However, there are often discrepancies between reported trade flows – for example, between US-reported imports from China and China’s reported exports to the US. Some discrepancy is unsurprising because of differences in valuation methods, re-routing through third countries and fraud, typically leading to higher reported imports than partner-reported exports (Kee, 2024). Figure 7 monitors such reporting discrepancies.

References

Darvas, Z. and M. Lappe (2026) ‘European and Chinese exports kept growing despite the 2025 Trump trade shock’, Analysis, 2 February, Bruegel, available at https://doi.org/10.64153/PPBV2679

Kee, H. (2024), ‘Exploring the puzzle of trade discrepancies in international trade statistics’, World Bank Blog, 17 January, available at https://blogs.worldbank.org/en/developmenttalk/exploring-puzzle-trade-discrepancies-international-trade-statistics