Global Exports

This Great Graphic comes from the CIA’s Factbook and it was tweeted by Noah Smith (@Noahpinion).   It shows the largest export (by value) of various countries.   Some of the results may be surprising, like Mexico’s textile and apparel exports, or Brazil’s transportation equipment and India’s precious stones.

In terms of foreign exchange, our interpretative framework does not emphasis a country’s largest exports especially for large high income countries.   Capital flows are a large multiple of trade flows and therefore we tend to emphasize the those factors and drivers.