Imports, Import Trade, Importing Goods and Services
Imports are goods that are legally shipped from one country to another. Import trade involves customs authorities from both the countries. Along with exports, importing goods and services forms the foundation of international trade.Import Trade: Dynamics To import its goods...
Trade Balance, Balance of Trade
Trade balance is the difference between a country’s imports and exports. When a country’s imports surpass its exports over a period of time, it is called a trade deficit. A country’s balance of trade is its largest component when it...
Exports Data, Exporting Statistics, Export Information
Exports data or exporting statistics refers to the statistical data about goods, commodities or services that are transported to another country for sale or trade. There are several organizations that keep track of exports. As a result, they provide country-specific...
International trade deficit, Balance of trade deficit
Trade deficit is a situation when in an economy the imports are more than the exports. In such as case the economy is highly dependent on the import of goods. There are various factors for the trade deficit, such as...
Import Volumes, Import Trade Volumes, Imports In Advanced Economies
The following table shows the Annual percentage change of world Imports volumes. Levels of Imports are represented both in country wise and region wise over the years. Imports Volumes In Advanced Economies (Annual Percentage Change) Ten-Year Average 2000...
Baltic Dry Index, BDI
The Baltic Dry Index or BDI is an international index to measure the cost of shipping raw materials, such as iron ore, coal, steel and cement, through the sea route. It is also known as BALDRY. The London-based Baltic Exchange...
Trade In Australia
Free market economy is what governs most of the trade in Australia. So, prices of goods are determined by the forces of demand and supply. There is minimal intervention from the government in regulating the trade market. Despite the dominance...
Ricardian Model of International Trade: An Overview
The Ricardian model of international trade attempts to explain the difference in comparative advantage on the basis of technological difference across the nations. The technological difference is essentially supply side difference between the two countries involved in international trade. The...
Trade Shows
Trade shows or trade fairs are exhibitions organized by various industries to showcase new technology, products and services developed by them. Also, companies use these events to review and examine recent consumer trends. Issues within a specific industry may also...
Export Volumes, Export Trade Volumes, Exports In Advanced Economies
The following table shows the Annual percentage change of world Exports volumes. Levels of Exports are represented both in country wise and region wise over the years. Export Volumes In Advanced Economies (Annual percentage change) The following table shows the...
International Trade Volumes and Prices
The following table shows the Annual percentage change of world trade volumes and prices over years. Both the change in Exports and Imports are being represented in the table both in developing nations as well as developed nations. Summary of...
Fair Trade
The concept of fair trade has gained substantial importance in the today’s world market. It is a kind of social movement, which is aimed at ensuring fair trade deal for the producers of less developed and developing nations. Proper working...
Tariff, Tariffs
When a domestic government imposes a tax or duty on an imported good, it is called a tariff. The World Bank predicts that global economy would expand by $830 billion by 2015 if these trade barriers such as tariffs were...
Developing Nations in International Trade – List of Developing Countries in International Trade
The modern economic trends are revealing that International Trade is helping the growth of Developing Nations. The openness to international trade has been lucrative to the developing countries for rapid economic growth. The adoption of open market policies, and decline...
Canada Trade, Trade With Canada, Trade In Canada, Canadian Trade
Opening up its markets in the year 2000 proved to be a wise decision for Canada. Canada trade improved, so did its international trade governance. It also enabled Canada to forge free trade agreements with several countries, such as Japan...