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Global Trade Dynamics by Continent (1970–2023)
In the 1960s and 1970s, Europe accounted for 50% of global trade, followed by the Americas at 23% and Asia at 17%. Asia's share of global...
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Jan 81 min read
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World Trade Enters Era of Historical Low Long-Term Growth
Declining 10-Year Growth in World Merchandise Trade Since 2016 After decades marked by periods of rapid growth and sharp declines, world...
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Jan 41 min read
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The Rise and Fall of U.S. Trade Liberalism with China
The U.S. trade deficit with China as a percentage of GDP Rise from 1980s, matured in the mid-2010s to 2018, and declined since 2018. Key...
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Jan 41 min read
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The Rise and Evolution of Global Trade Openness (1960–2023)
1970s: Trade openness began increasing following the early 1970s collapse of the Bretton Woods system, which ended fixed exchange rates....
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Jan 41 min read
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Global Trade Openness: Slowing in Services vs. Declining in Goods
Global Trade Openness (Trade-to-GDP Ratio) for Goods Declined from Its Peak of 51% in 2008 to 46% in 2023, While Services Fluctuated...
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Jul 13, 20241 min read
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China’s Exports to Asia (excluding East Asia) Nearly Match U.S. & EU Combined in 2023
China’s exports to Asia (excluding East Asia) grew at a CAGR of 16.7% from 2001 to 2023, reaching $970 billion, nearly matching the...
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Jul 4, 20241 min read
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The Rise and Plateau of China's Exports
Share of World Exports and Annual Growth Rates (1990–2023) China's share of world exports grew rapidly from 3.9% in 2000 to 13.7% in...
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Jul 4, 20241 min read
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Globalization Stalled Since 2007
Trade Openness Growth Halted After the Global Financial Crisis; Trade of Goods and Services as a Share of GDP Fluctuated Around 59%.
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Jun 12, 20241 min read
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China Exports Shifted After Financial Crisis 2008
China experienced export boom with high annual growth of 27.2% from 2001 to 2008, followed by a transition to slower growth, averaging...
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May 22, 20241 min read
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