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GLOBAL TRADE 1996 (DOLLARS IN BILLIONS).

Africa

Total value of merchandise trade:

Exports: $126.2 Imports: $128.9 Intra-regional trade: $22.0 (8.6% of total trade)

Top export markets: United States, Italy, France, Germany, Spain

Top sources of imports: France, United States, Germany, Italy, United Kingdom

East Asian Newly Industrialized Areas

(China, Hong Kong, Indonesia, Malaysia, Singapore, South Korea, Taiwan, Thailand)

Total value of merchandise trade:

Exports: $883.3 Imports: $914.8 Intra-regional trade: $748.7 (41.6% of total trade)

Top export markets: United States, Japan, China, Hong Kong, Singapore

Top sources of imports: Japan, United States, China, Taiwan, Germany

Eastern Europe and the Former Soviet Union

(East Europe, Turkey, and newly independent states of the former Soviet Union)

Total value of merchandise trade:

Exports: $245.0 Imports: $254.6 Intra-regional trade: $116.1 (23% of total trade)

Top export markets: Germany, Russia, Italy, Ukraine, United States

Top sources of imports: Germany, Russia, Italy, United States,Ukraine

European Union

Total value of merchandise trade:

Exports: $2,041.6 Imports: $1,953.2 Intra-regional trade: $2,431.7 (60.9% of total trade)

Top export markets: Germany, France, United Kingdom, United States, Italy

Top sources of imports: Germany, France, United States, United Kingdom, Netherlands

India

Total value of merchandise trade:

Exports: $34.4 Imports: $40.1 Top export markets: United States, Japan, Germany, United Kingdom, Hong Kong

Top sources of imports: United States, Germany, United Kingdom, Japan, Belgium

Japan

Total value of merchandise trade:

Exports: $411.2 Imports: $349.5 Top export markets: United States, Korea, Taiwan, Hong Kong, China

Top sources of imports: United States, China, Korea, Indonesia, Taiwan

Latin America

(all mainland Latin American states except Mexico)

Total value of merchandise trade:

Exports: $164.0 Imports: $215.9 Intra-regional trade: $98.7 (26% of total trade)

Top export markets: United States, Brazil, Japan, Argentina, Germany

Top sources of imports: United States, Japan, Argentina, Germany, Brazil

Middle East

(Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, Yemen)

Total value of merchandise trade:

Exports: $174.9 Imports: $158.5 Intra-regional trade: $20.8 (6.2% of total trade)

Top export markets: Japan, United States, Korea, Singapore, India

Top sources of imports: United States, United Kingdom, Germany, Japan, Italy

NAFTA Countries

(Canada, United States, Mexico)

Total value of merchandise trade:

Exports: $919.1 Imports: $1,103.2 Intra-regional trade: $874.0 (43.2% of total trade)

Top export markets: United States, Canada, Japan, Mexico, United Kingdom

Top sources of imports: United States, Canada, Japan, Mexico, China

SOURCE: Directory of Trade Statistics Yearbook 1997, International Monetary Fund (IMF)

(All numbers for 1996)
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Publication:HFN The Weekly Newspaper for the Home Furnishing Network
Date:Apr 20, 1998
Words:432
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