After the dicey financial day yesterday, the news that America's #1 export isn't cars or clothes, but debt might not be so surprising. With Henry Paulson saying, "This is a humbling, humbling time for the United States of America," and this piece in Time magazine asserting that "the US will simply be steering toward another, even bigger, crisis unless it finds something to replace debt as its #1 export," maybe it's time to consider it? After all, there are plenty of other countries who have top exports that are things, rather than nothings — check out these leading exports for 10 different countries according to the 2008 Economist's Pocket World in Figures.
Moo! New Zealand exports $36 billion in dairy produce.
Ships out $5.4 billion in clothing.
Sparklers, $12.1 billion of diamonds specifically.
For pennies too, but copper brings Peru $3.4 billion in exports.
Fill 'er up. Gas and oil make for $36.8 billion in exports.
A rose by any other name, Kenya's horticultural products bring in $590 million.
Heavy machinery is heavily profitable — $78.2 billion in exports.
Gold shines for $366 million in exports.
Forget vitamins, Australia exports $56 billion in minerals.
That's a lot of calculators — China ships out $110.7 billion in office equipment.