Over time, Europe has been the largest biodiversity-based products’ exporter globally
Biodiversity-based products’ exports by region, billions of dollars
The global value of exports of biodiversity-based goods reached $3.4 trillion in 2022, slightly down from 2021 figures. This trade showed resilience during the COVID-19 pandemic, growing until 2021 and recording a moderate slowdown in 2022.
The Americas, particularly South America, and to a lesser extent North America, were the only regions to record an increase in the value of biodiversity-based products’ exports, with a 7.8 per cent growth from 2021 to 2022. Despite a moderate downturn, Europe continued to lead exports of biodiversity-based products, totaling $1.75 trillion in 2022, accounting for more than half of global biodiversity-based products’ exports in 2022. Asia, however, saw a significant decline of over 31 per cent in these exports in 2022, dropping from nearly $10 trillion to $6.85 trillion. In African countries, exports of biodiversity-based products continued to play a marginal role globally but were increasingly significant in the region as a share of commodity exports.