Released FROM, not Released TO.
Think of it in those terms and it makes more sense. Of course, in this modern day, an artist will want to sell their music to anyone who asks. Worldwide. But if everything is marked “Worldwide” it looses all identity. Might as well delete the country completely.
Manufacturing location is irrelevant as I have plenty of 1990s CD released in small numbers to the UK market, but were made in France. This is common for Europe as manufacture across the border is often closer than most of the country.
If an artist is packaging up their CDs and sending them out from country A, then that is the country we should write down. If they save themselves some postage costs and ship a few box loads to a mate in country B, then we write down both A and B. If they drop a box load off in a single music shop in Country C when driving through, then we also add that. If they are selling to the USA then they will not be sending one CD at a time. They will ship a box or three over the pond and have someone post them out from there. That is what you call a “distribution deal” - even if it is just a single box and you pay your mate in beers.