Do you know what your country’s biggest export is?
Posted on 04/02/2016 12:28:19 PM PDT by SeekAndFind
Now, thanks to this map put out by the Bank of America Merrill Lynch, you can find out. The map does not include the export of services, but highlights some interesting insights and global trends.
Part of their Transforming World Atlas, the report highlights “how many countries in the world are dependent on commodities as the primary source of foreign income.” In a volatile global commodities market, it is a reminder of the risk posed by falling oil prices to economies around the world.
The map uses 2014 data from the CIA World Factbook.
The map highlights a number of global patterns, notably the importance of oil exports to many economies. Dark blue shading represents countries where oil is the biggest export and shows the importance of oil not just in the Middle East, but across Asia and Africa and South America.
Other commodities, including precious metals and minerals, also play a significant role in the global economy. Across much of Asia and Africa, large numbers of countries shaded in red and orange indicate the importance of exports such as gold, iron ore, and coal to these nations. Interestingly, and perhaps unexpectedly, India’s biggest export is precious stones.
Conversely, European exports are focused on machinery and transportation.
Electronics dominate in both China and the USA, while food and drink and textiles top the bill in a number of countries.
(Excerpt) Read more at businessinsider.com ...
This can’t be right. I didn’t see terrorists listed for Iran.
Shouldn’t Mexico’s “major export” be illegal aliens?
I suspect that Trump would agree that the referenced map is based on bad-for-the-USA trade deals made by the corrupt Washington cartel.
I thought our major exports were manufacturing and jobs.
What is that place over by Iran that is exporting opium???
For the past 7+ years, our major exports have been ignorance, arrogance, extreme incompetence, weakness, America-hate, Muzzie-love, and Socialism.
The article says it doesn't include "services". . . terrorism is a service for Islam.
You must call them “undocumented lawbreakers”
Afghanistan
Is Mexico exporting “cloths and shoes” or “clothes and shoes”? Pet peeve of mine. I keep seeing “clothes” spelled as “cloths” (which leads to an image of a heap of rags). They need to hire a better copy editor.
Bank of America Transforming World Atlas [79 page .pdf file]
Lol!
Our biggest export is our jobs.
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