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Archive for March 16th, 2008

Who is leading trade? – The facts

Posted by Harry Stotle on March 16, 2008

(source WTO, 2007)

Share of world merchandise exports

o   1948: United States 21.7% Europe: 35.1% China 0.9%

o   2006: United States 14.2% Europe: 42.1% China 8.2%

Share of world merchandise imports

o   1948: United States 18.5% Europe: 45.3% China 0.6%

o   2006: United States 21.0% Europe: 43.1% China 6.5%

Intra-regional trade flows (2006)

o   North America: 905 b$

o   Europe: 3651 $b

o   Asia: 1638 $b

Inter-regional trade flows (2006)

o   North America-Asia: 1022 b$

o   North America-Europe: 709 $b

o   Europe-Asia: 970 $b

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