GLOBAL TRADE DATA AND CHANGING MARKET STRUCTURE
CURRENT GLOBAL MARKET TRENDS
The trade growth of various countries
is explained by the Import Export Data
of multiple countries. By taking into consideration the recent quarters, i.e.,
quarter 4, 2021 every country presented its trade values which were above the
levels that prevailed during the pre-covid scenario for imports and exports.
When these statistics are compared with the trade growth in quarter 3 for the
same year, it was observed that the growth increased at a much slower pace and
sometimes declined to affect the Global Trade Data to
a much larger extent. Although the exports remained positive for a few
countries such as China and the USA and tumbled down for other nations in the
world.
If we take some examples of the
nations who faced this situation, then consider Brazil and India. By comparing
the total imports and exports in Q4 of the year 2021 with Q4 of the year 2019,
we observe that both nations increased imports by 33% and exports by 23% and
25%. At the same time, if Q4 of 2021 is compared with Q3 of the same then
imports from Brazil and India rose by 11% and 4% respectively. In terms of
exports, value declined by 7% and 1%. Due to this similar trend followed by
most countries, the Global
Trade Data tends to fall in the year 2022.
REGION-WISE DISTRIBUTION OF TRADE
According to the Import Export Data for the year 2021,
if we talk about Q4 then it is clearly observed that developing countries have
grown several folds to developed nations. In comparison to Q4 2020, exports
from developing nations grew by 30%. If we talk about the total imports, they
rose by 26%. In the case of developed nations, imports and exports grew by 25%
and 19% with respect to 2019.
The Global Trade Data was
dominated by developing nations throughout the given period. The major
dominance was observed in the continents like Europe, North America, and East
Asia.
SECTOR-WISE GLOBAL TRENDS
With the coming of transport
facilities, all the sectors have seen a possible increase in their trade every
year. The major sectors that have contributed to the growth of Global Trade Data are
agri-food, apparel, chemicals, energy, metals, and minerals.
CONCLUSION
In the end, we would like to conclude
that Global Trade Data
and Import Export Data are some
most important factors that can help to determine the health of the global
economy as a whole. Also, it is very much clear that during the situation of
the pandemic, global trade went down due to various reasons such as lockdowns,
trade restrictions, reduced production, etc. The trade that was done
country-wise and based on the regions was highly dominated by developing
nations. The Global
Trade Data consists of all import and export transactions that have
been performed by any country. It is estimated that as the population of the
world is rising every year, so is the demand for various products. With the
rise in demand, the Global
Trade Data will also show positive growth in years to come.
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the Import Export Data or Global Trade Data of
any country, then get in touch with TradeImeX® Info Solution Pvt Ltd. We are
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