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Directions of foreign trade and International trade geography

Sep 21, 2022

 Geographical direction of foreign trade

The geographical direction of foreign trade, also known as the regional distribution or country structure of foreign trade, refers to the position of each country or regional group in a country's foreign trade in a certain period, usually expressed by their proportion in the country's total import and export, total import and total export. The geographical direction of foreign trade indicates the destination of a country's export commodities and the source of its import commodities, thus reflecting the degree of economic and trade links between a country and other countries or regional groups. The geographical direction of a country's foreign trade is usually influenced by economic complementarity, the form of international division of labor and trade policies.

international trade geography

The direction of International Trade geography, also known as "International Trade by Region", is used to indicate the status of each continent, country or regional group in International Trade. To calculate the proportion of each country in international trade, it is possible to calculate the proportion of each country's import and export in the world's total import and export as well as the proportion of each country's total import and export in the total international trade (the world's total import and export).

Due to the foreign trade Commodity Exchange, happened between one country and other countries as a result, the foreign trade according to the classification of goods and combined according to the national classification analysis, namely combine the direction of the commodity structure and geographical research, can find out a country's export of different categories of goods to and import source of different categories of commodities, is of great significance.


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