The remarkable changes in the distribution of wealth and trade flows in recent decades are subject to abundant interpretations as a shift of the world economy gravity center towards Asia. Using CHELEM and BACI databases of CEPII this panorama examines and illustrates major geographical trends of the international trade in a coherent and comprehensive framework. The shifting of the center of global economy to Asia appears then as a natural phenomenon given the size of its population. A detailed analysis places each country on the world trade map. It appears that the globalization of trade flows has not erased the regional polarization; the major part of countries exports and imports mainly within their own geographical area. Despite globalization, intra-regional flows still dominate international trade. Developed later than in Europe or America, regional trade now accounts for more than half of Asian trade.
Related articles and documents :
Figure 1. Shifting of the world economic center of gravity from transatlantic axis towards Asia-Oceania between 1967 and 2011
Figures 2. Evolution of the large areas relative weight (America, Europe-CIS, Africa-Middle East, Asia-Oceania) in the world economy (population, trade, GDP and GDP per capita) between 1967 and 2011
Figure 3. Evolution of intra-area trade share of the large areas, 1967-2011 (in % of the total of each trade area)
Figure 4. Evolution of trade flows inside and between the large areas, 1967-2011 (in % of world trade)
Figure 5. Map of trade flows of 225 countries in 2011
Figure 6. Changes in the geographical structure of trade in the G20 countries and other groups of countries, 1992-2011
Figure 7. Share of the large areas in the trade of the United States, EU-28 and China (1992-2011)
Figure 8. Changes in the trade share of the transatlantic couple and ASEAN+6 countries (1990-2011)
Figures A.1. Changes in the geographical structure of exports and imports in G20 countries and other groups of countries, 1992-2011
Figure A.2. Map of export flows of 225 countries in 2011
Figure A.3. Map of Import flows of 225 countries in 2011
Related articles and documents :
Panorama du CEPII
N°2014-01, janvier 2014
Full Text 
Annexe
Reference
BibTeX (with abstract)
plain text (with abstract)
RIS (with abstract)
Contact:
Back
