Constantly increasing globalization and integration of the world, often emphasized in the modern times, is carried out mostly through merchandise trade. Nowadays, wide variety of goods are involved in merchandise trade, but traditional ones, such as fuels, mining products, machinery and transport still remain most tradable. International trade of services, including transport, tourism and financial services, is also gaining momentum headed by the US as the world leader in exports and imports of services. The data on these and other indicators covering the framework of foreign trade is presented in the below datasets and visualizations.
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The production of most goods is increasingly organized along global value chains, in which different stages of the production process are fragmented across countries. The Third Conference on Global Value Chains, Trade and Development will take place at the National University of Singapore on May 19-20, 2017, with the goal of stimulating research on the important and timely questions raised be the emergence of global value chains. The conference is organized by Paola Conconi (Director of the CEPR Research Network on Global Value Chains, Trade and Development), Daria Taglioni (Global Solutions Lead of the World Bank’s Trade and...
Date: 19-20 May 2017 Venue: National University of Singapore Event Holder: World Bank Source of data: World Development Indicators
Trade is one of the key measure and major indicator of economy. Historical experience proves that imposing in country strong autharky leads to many problem. So, nowadays trade is a important part of GDP. Investors, politics and others analyze information about export and import before make thier desicions. Penetration of foreign companies on the local market usually increase competition and thefore the quality of product and services. Event holder: OECD