International Trade Statistics - World Trade Organization

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Trade flows within regions account for a higher share of world trade than fl ows between regions. Since 2000, this share has fluctuated from between 55 to 58 per cent. Relatively large differences have occurred in the growth of trade within regions: North America and Asia show a relative balanced growth between inter- and intra-regional trade; Europe’s intra-trade is growing much faster than its external trade due to the deepening of its economic integration while South and Central America, Africa, the Middle East and the CIS have recorded higher growth in inter-regional exports than in intra-regional. IWORLD TRADE DEVELOPMENTS Regional Trade Agreements Increasingly different patterns are emerging for Regional Trade Agreements The European Union is a highly integrated marketplace, with two-thirds of its trade transactions taking place within the region. In 2007, intra-trade accounted for slightly more than half (51 per cent) of the exports of the North American Free Trade Agreement (NAFTA). In 2000, this share was 56 per cent. However, as trade with countries outside NAFTA’s area has been growing at a somewhat faster pace than intra-NAFTA trade, this share has been declining. Chart I.5 Share of intra in total merchandise exports of selected Regional Trade Agreements, 2007 (Percentage) European Union (27) 68% 32% 51% 49% NAFTA 8% Andean Community 92% ASEAN 25% 75% 14% 86% MERCOSUR Intra-trade Extra-trade Other trade blocs, such as MERCOSUR, the Andean Community or ASEAN, show a less pronounced integration. MERCOSUR countries carry out only around 14 per cent of their trade with other countries in the agreement, the Andean Community only 8 per cent, and ASEAN a quarter. Merchandise trade flows of Brazil, India and China Brazil, India and China record strong growth in exports Brazil, India and China are illustrative of a clear trend of vigorous growth among a number of emerging economies. While this growth implies a growing share of world trade, the share in world exports remains relatively small for most of the emerging economies individually. The share of Brazil and India, for example, is still just over 1 per cent, while China’s share is approaching 10 3
WORLD TRADE DEVELOPMENTS I per cent. In 2007, Brazil exported merchandise worth $161 billion. With imports accounting for $127 billion, it recorded a positive trade balance of $34 billion. Since 2000, Brazil’s exports have grown at an annual average of 17 per cent. Its main partners are in Europe, which receives almost 27 per cent of Brazil’s exports. South and Central America absorbs almost a quarter of its exports, North America a fi fth and Asia accounts for slightly above 16 per cent of Brazil’s total merchandise exports. Chart I.6 (Billion dollars) Brazil – Merchandise exports by region, 2007 North America $32 billion Europe $43 billion CIS $4 billion Middle East $6 billion Asia $26 billion Africa $9 billion Brazil S/C America $38 billion Merchandise exports from Brazil India’s merchandise exports reached $145 billion in 2007, growing at an annual average of 19 per cent since 2000. More than 30 per cent of its exports go to Asia, with Europe being the second-largest trading region (23 per cent). The Middle East absorbs 17 per cent of India’s merchandise exports while North America receives 15 per cent. In 2007, India’s imports reached $217 billion, resulting in a negative trade balance of $72 billion. Chart I.7 India – Merchandise exports by region, 2007 (Billion dollars) CIS $2 billion North America $22 billion Europe $34 billion Africa $13 billion Middle East $25 billion India Asia $46 billion S/C America $4 billion Merchandise exports from India 4
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Page 3 and 4: This report is also available in Fr
Page 5 and 6: Acknowledgements This publication h
Page 7 and 8: 4.4 Financial services 145 4.5 Comp
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Table II.17 Imports of agricultural
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Table II.19 Imports of food of sele
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Table II.21 Exports of food of sele
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3. Fuels and mining products Table
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Table II.25 Imports of fuels of sel
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Table II.27 Imports of fuels of sel
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Table II.29 Trade in manufactures o
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Table II.30 (continued) Imports of
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Table II.32 Exports of manufactures
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4.1. Iron and steel Table II.34 Exp
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Table II.36 Leading exporters and i
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4.3. Office and telecom equipment T
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Table II.43 Exports of office and t
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4.3.1. EDP equipment Table II.45 Im
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Table II.48 Imports of EDP and offi
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Table II.51 Exports of telecommunic
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4.3.3. Integrated circuits and elec
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Table II.56 Imports of integrated c
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Table II.58 Imports of automotive p
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Table II.61 Imports of automotive p
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Table II.63 Textile imports of sele
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Table II.63 (continued) Textile imp
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Table II.65 Textile exports of sele
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4.6. Clothing Table II.67 Clothing
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Table II.68 (continued) Clothing im
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Table II.70 Clothing exports of sel
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III. III. TRADE IN COMMERCIAL SERVI
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Construction Building infrastructur
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per cent), legal, accounting, manag
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1. Overview Table III.1 World trade
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Table III.4 Leading exporters and i
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Table III.5 (continued) Trade in tr
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Table III.7 Leading exporters and i
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Table III.8 (continued) Trade in tr
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4. Other commercial services Table
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Table III.11 Trade in other commerc
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4.1. Communications services Table
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4.2. Construction Table III.16 Worl
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4.3. Insurance services Table III.1
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4.4. Financial services Table III.2
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4.5. Computer and information servi
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4.5.1 Computer services Table III.2
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Table III.32 Receipts of royalties
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Table III.35 Exports of other busin
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4.8. Personal, cultural and recreat
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4.8.1 Audiovisual services Table II
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IV. METADATA This chapter details t
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Table IV.1 (continued) Composition
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2. Definitions and methodology 2.1
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Table IV.2 (continued) Products 85
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2.2.1 Trade in commercial services
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2.2.2 Foreign affiliates trade in s
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3. Specific notes for selected econ
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4. Statistical sources Most frequen
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Appendix Table A1 World merchandise
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APPENDIX 175
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Table A2 (continued) Network of wor
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Table A4 Merchandise trade by selec
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Table A6 World merchandise exports
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Table A6 (continued) World merchand
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Table A7 World merchandise imports
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Table A7 (continued) World merchand
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Table A8 World exports of commercia
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Table A8 (continued) World exports
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Table A9 (continued) World imports
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APPENDIX 195
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Table A10 (continued) Network of wo
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Table A12 Merchandise trade by regi
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Table A14 Merchandise trade by regi
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Table A16 Merchandise trade of Euro
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APPENDIX 209
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Table A18 (continued) Merchandise t
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Table A24 (continued) Domestic expo
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Table A30 Export prices of Germany,
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World maps Map 1 Composition of geo
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Map 3 Ratio of exports and imports
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Notes ………………………
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