Export
# Country CBs ($b) SWFs ($b) PPFs ($b) Total ($b)
1 USA Inc. 251 355 11,770 12,376
2 China Inc. 4,090 2,768 599 7,458
3 Japan Inc. 1,231 12 2,216 3,458
4 UAE Inc. 204 2,393 103 2,701
5 Saudi Arabia Inc. 470 1,070 463 2,004
6 Norway Inc. 89 1,805 100 1,994
7 Canada Inc. 124 18 1,837 1,979
8 Singapore Inc. 379 1,135 456 1,971
9 Australia Inc. 62 401 1,137 1,600
10 South Korea Inc. 416 217 961 1,593
11 Netherlands Inc. 141 0 1,127 1,268
12 Kuwait Inc. 47 929 137 1,113
13 Switzerland Inc. 950 0 148 1,098
14 India Inc. 639 13 408 1,060
15 Taiwan Inc. 578 40 263 880
16 UK Inc. 195 51 596 841
17 Russia Inc. 633 145 0 778
18 Germany Inc. 411 26 222 659
19 Denmark Inc. 99 10 548 657
20 France Inc. 354 60 218 632
21 Qatar Inc. 53 524 36 612
22 Sweden Inc. 65 0 518 583
23 Malaysia Inc. 116 116 351 583
24 Brazil Inc. 372 2 86 460
25 Turkiye Inc. 159 240 20 419
26 Indonesia Inc. 156 183 63 402
27 Thailand Inc. 268 0 119 387
28 Italy Inc. 330 11 29 370
29 Finland Inc. 84 7 258 349
30 Israel Inc. 220 2 97 319
31 Kazakhstan Inc. 48 174 46 268
32 South Africa Inc. 64 3 187 254
33 Poland Inc. 219 20 11 251
34 Mexico Inc. 231 5 4 239
35 Spain Inc. 173 12 5 190
36 Philippines Inc. 107 2 65 174
37 Czech Republic Inc. 155 0 0 155
38 Libya Inc. 81 68 0 149
39 Vietnam Inc. 83 8 46 137
40 Azerbaijan Inc. 11 100 25 136
41 Austria Inc. 102 31 1 134
42 Portugal Inc. 107 0 19 126
43 Belgium Inc. 108 16 0 124
44 Ireland Inc. 78 25 0 103
45 Luxembourg Inc. 69 0 28 97
46 Iraq Inc. 95 0 0 95
47 Greece Inc. 82 13 0 95
48 Algeria Inc. 81 13 0 95
49 Peru Inc. 83 3 0 86
50 Oman Inc. 18 50 15 83
51 New Zealand Inc. 33 48 0 81
52 Argentina Inc. 29 0 52 81
53 Slovenia Inc. 69 12 0 81
54 Slovakia Inc. 80 0 0 80
55 Romania Inc. 78 0 0 78
56 Morocco Inc. 37 3 34 74
57 Brunei Inc. 3 68 3 74
58 Lithuania Inc. 72 0 0 72
59 Nigeria Inc. 37 3 32 72
60 Latvia Inc. 71 0 0 71
61 Malta Inc. 67 3 0 70
62 Cyprus Inc. 68 1 0 69
63 Croatia Inc. 69 0 0 69
64 Estonia Inc. 68 0 0 68
65 Colombia Inc. 63 4 0 67
66 Egypt Inc. 45 2 17 64
67 Uzbekistan Inc. 45 18 1 64
68 Chile Inc. 46 13 0 59
69 Iran Inc. 26 27 0 52
70 Ukraine Inc. 39 10 0 49
71 Bulgaria Inc. 45 1 2 47
72 Ethiopia Inc. 0 46 0 46
73 Hungary Inc. 46 0 0 46
74 Bahrain Inc. 6 19 13 38
75 Jordan Inc. 21 0 16 37
76 Trinidad & Tobago Inc. 6 6 24 36
77 Serbia Inc. 34 0 0 34
78 Bangladesh Inc. 26 3 0 29
79 Cambodia Inc. 23 0 6 28
80 Lebanon Inc. 28 0 0 28
81 Guatemala Inc. 24 0 3 27
82 Pakistan Inc. 11 8 3 22
83 Nepal Inc. 17 0 4 21
84 Uruguay Inc. 19 0 2 21
85 Timor Leste Inc. 1 18 1 20
86 Angola Inc. 15 4 0 19
87 Sri Lanka Inc. 6 0 12 18
88 Iceland Inc. 7 0 8 15
89 Dominican Republic Inc. 15 0 0 15
90 Costa Rica Inc. 14 0 0 14
91 Zambia Inc. 4 6 4 14
92 Tunisia Inc. 9 3 0 12
93 Botswana Inc. 4 2 6 12
94 Myanmar Inc. 7 0 5 12
95 Kenya Inc. 10 0 2 12
96 Namibia Inc. 3 0 8 11
97 Fiji Inc. 2 1 9 11
98 Ghana Inc. 6 2 2 10
99 Paraguay Inc. 10 0 0 10
100 Venezuela Inc. 10 0 0 10
101 Turkmenistan Inc. 4 5 1 10
102 Mauritius Inc. 8 1 1 10
103 Mongolia Inc. 5 4 1 10
104 Ecuador Inc. 9 0 0 9
105 Bosnia Inc. 9 0 0 9
106 Belarus Inc. 9 0 0 9
107 Georgia Inc. 4 3 2 9
108 Kyrgyzstan Inc. 5 2 1 8
109 Mozambique Inc. 8 0 0 8
110 Honduras Inc. 7 0 0 7
111 Albania Inc. 7 0 0 7
112 Armenia Inc. 4 0 2 6
113 DRC Inc. 6 0 0 6
114 Nicaragua Inc. 6 0 1 6
115 Jamaica Inc. 5 0 1 6
116 Monaco Inc. 0 6 0 6
117 Moldova Inc. 6 1 0 6
118 Uganda Inc. 3 0 3 6
119 Tajikistan Inc. 4 0 1 5
120 Bahamas Inc. 3 0 2 5
121 Barbados Inc. 2 0 4 5
122 Bhutan Inc. 1 3 1 5
123 Bolivia Inc. 5 0 0 5
124 North Macedonia Inc. 5 0 0 5
125 Laos Inc. 2 0 4 5
126 Kosovo Inc. 2 0 3 5
127 North Korea Inc. 2 1 0 4
128 Liechtenstein Inc. 0 0 4 4
129 Guyana Inc. 1 4 0 4
130 Rwanda Inc. 2 0 2 4
131 Papua New Guinea Inc. 0 0 4 4
132 Gabon Inc. 3 2 0 4
133 Chad Inc. 3 0 0 3
134 Central African Republic Inc. 3 0 0 3
135 Cameroon Inc. 3 0 0 3
136 El Salvador Inc. 3 0 0 3
137 Equatorial Guinea Inc. 3 0 0 3
138 Madagascar Inc. 3 0 0 3
139 Haiti Inc. 3 0 0 3
140 Congo (Republic of) Inc. 3 0 0 3
141 Senegal Inc. 2 1 0 3
142 St Lucia Inc. 0 1 2 3
143 Togo Inc. 2 0 0 2
144 Solomon Islands Inc. 1 0 1 2
145 Zimbabwe Inc. 1 1 0 2
146 Samoa Inc. 0 1 1 2
147 Suriname Inc. 2 0 0 2
148 St Kitts & Nevis Inc. 0 1 1 2
149 Afghanistan Inc. 2 0 0 2
150 Eswatini Inc. 0 1 2 2
151 Benin Inc. 2 0 0 2
152 Burkina Faso Inc. 2 0 0 2
153 Côte d'Ivoire Inc. 2 0 0 2
154 Guinea Inc. 1 1 0 2
155 Mauritania Inc. 2 0 0 2
156 Niger Inc. 2 0 0 2
157 Palestine Inc. 1 1 0 2
158 Panama Inc. 0 2 0 2
159 Mali Inc. 2 0 0 2
160 Guinea Bissau Inc. 2 0 0 2
161 Montenegro Inc. 2 0 0 2
162 Grenada Inc. 0 1 0 1
163 Kiribati Inc. 0 1 0 1
164 Liberia Inc. 1 0 0 1
165 Lesotho Inc. 1 0 0 1
166 Maldives Inc. 1 0 1 1
167 Tonga Inc. 1 0 0 1
168 Tanzania Inc. 0 0 1 1
169 Vanuatu Inc. 1 0 0 1
170 Seychelles Inc. 1 0 0 1
171 San Marino Inc. 1 0 0 1
172 Belize Inc. 0 0 0 1
173 Dominica Inc. 0 1 0 1
174 Djibouti Inc. 1 0 0 1
175 Antigua & Barbuda Inc. 0 1 0 1
176 Cape Verde Inc. 1 0 0 1
177 Eritrea Inc. 0 0 0 0
178 Burundi Inc. 0 0 0 0
179 Cuba Inc. 0 0 0 0
180 Gambia Inc. 0 0 0 0
181 Comoros Inc. 0 0 0 0
182 Andorra Inc. 0 0 0 0
183 Yemen Inc. 0 0 0 0
184 South Sudan Inc. 0 0 0 0
185 Tuvalu Inc. 0 0 0 0
186 Syria Inc. 0 0 0 0
187 St Vincent & the Grenadines Inc. 0 0 0 0
188 Sudan Inc. 0 0 0 0
189 Sierra Leone Inc. 0 0 0 0
190 Somalia Inc. 0 0 0 0
191 Sao Tome & Principe Inc. 0 0 0 0
192 Palau Inc. 0 0 0 0
193 Nauru Inc. 0 0 0 0
194 Others 0 0 0 0
195 Marshall Islands Inc. 0 0 0 0
196 Micronesia (Fed States) Inc. 0 0 0 0
197 Malawi Inc. 0 0 0 0
Total 16,853 13,453 25,654 55,950

Source: Global SWF. Last updated July 2025