This clip offers a useful glimpse of the ebb and flow of global exports and economies over the last 46 years. It also gives a sense of who has most to lose during trade wars and a period fixated on deglobalization. When exports retrace, the relative income of households within each country becomes even more crticial in determining the nation’s resilience.
This video shows the Top 10 exporting countries (goods and services) from 1970 to 2017. Similar to imports, European and North American nations dominated during the 60s and 70s. As factories moved to Asia in the 1980’s, countries, such as Japan, mainland China, Hong Kong (China), South Korea, and India started to export more. Here is a direct video link.
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