Developed countries currently dominate global trade, exporting manufactured goods while developing countries export raw materials. Although global trade declined during the financial crisis, it has since rebounded, led by emerging markets. Projections show developed countries and China will remain dominant in world trade through 2020, but trade is increasing rapidly between developing regions like Asia, Africa, and the Middle East. The fastest growing trade routes will be between India and China.
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International Trade Pattern ppt.pptx
1.
2. Present by: Sumiyyah Abdul Aziz
BS(Economics)
International Trade Patterns
The University Of Haripur
3. Table of Content
World Trade Patterns
World Exports
Percentage Global GDP
International Trade of Goods
4. What is World trade patterns?
Developed countries have a greater share of global trade than
developing countries. Usually they export valuable manufactured
goods, while developing countries export cheaper raw materials.
World Exports
Although global trade collapsed during the recent
financial
crisis, it has since bounced back strongly, led by trade
among emerging markets, like Brazil and the
Philippines.
The graph below shows the forecast for global
5.
6. The bar chart below clearly shows the continued dominance
of developed countries in world trade. For developed
countries, and China, profits from world trade run into
thousands of billions of dollars. This is compared to Brazil
242 580 (USD Million), Philippines 51995, Malawi 11184,
Uganda, 2357 ,and Rwanda, 591.
7.
8. οΆ Experts believe that rapid growth markets will become an even
more dominant force in global trade over the coming decade,
with the Asia-Pacific region set to experience the fastest growth
in global trade to 2020.
οΆ Trade will also be increasingly focused around Asia, the Middle
East and Africa, suggesting that the key geographical location
for companies will change.
9. οΆ Europeβs exports to Africa and the Middle East by
2020 are forecast to be almost twice as large as
Europeβs exports to the US.
οΆ China's dominance in low cost manufactured goods
will come under pressure from countries such as
Bangladesh, Vietnam and parts of Africa.
10. οΆ The fastest-growing trade route will be between India and China.
οΆ Some experts believe trade between China and India alone will
account for almost one-fifth of global trade flows by 2020.
οΆ There is a huge amount of trade across borders. This however,
may reflect trade within a and between companies, rather than
flows to final consumers.
οΆ Many companies export finished goods across borders within
their own organization.