- Trade and Globalization - Our World in Data
The following visualization presents a compilation of available trade estimates, showing the evolution of world exports and imports as a share of global economic output This metric (the ratio of total trade, exports plus imports, to global GDP) is known as the “openness index”
- Trade Statistics by Country | WITS - World Bank
View Trade Statistics by Country including trade summary, exports and imports by partner and products along with tariff and development indicator
- Exports: Understanding the Influence of Exports on Aggregate Demand . . .
When the global economy is doing well, the demand for exports increases, which in turn, boosts aggregate demand Conversely, when the global economy is in recession, the demand for exports reduces, leading to a decrease in aggregate demand
- Key statistics and trends in international trade 2022 - UNCTAD
During 2021, the value of global trade rapidly rebounded due to strong recovery in global demand and rising commodity prices Since late 2020, trade growth has remained positive throughout mid-2022
- Exports of goods and services (% of GDP) | Data
Exports of goods and services (% of GDP) Country official statistics, National Statistical Organizations and or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB )
- Global Demand - (International Economics) - Fiveable
High global demand can lead to increased export opportunities for nations, whereas low demand may spur a reliance on local markets and import substitution strategies Global demand can fluctuate based on various factors, including consumer preferences, economic conditions, and geopolitical events
- Global trade has remained resilient so far, but a sharp slowdown is . . .
Exports in some oil-exporting economies may even rise as production cuts ease, despite subdued global demand This variation suggests that country characteristics and market linkages will likely drive very different outcomes across regions, even as headwinds broadly impede global trade
- Global Demand for Goods: Cyclical Focus on Regions and Sectors
The following bubble map shows the main industries driving the trade of goods between countries, positioning them based on their rates of change at constant prices recorded in 2023 (X-axis) and in the first nine months of 2024 (Y-axis)
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