The number of enterprises exporting goods rose by 1.4% to 48,718 in 2023, the highest level since 2005. Meanwhile, the number of enterprises importing goods increased by 2.3% to 163,881. Large enterprises, which have 500 or more employees, had the highest year-over-year growth for exporters (+5.6%) and importers (+6.2%).
The value of goods exported by large enterprises rose by 3.0% to $420.8 billion in 2023. Conversely, the value of goods exported by small and medium-sized enterprises (SMEs) decreased by 8.6% to $282.5 billion, primarily among medium-sized enterprises, which have 100 to 499 employees.
A similar pattern was observed for goods imports in 2023; large enterprises (+6.7%) increased their import value, while SMEs (-1.9%) decreased theirs.
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