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Study Notes

Trade Profiles for Developed and Emerging Countries

AQA, Edexcel, OCR, IB

Last updated 21 Mar 2021

The patterns of trade in goods and services for different countries can reveal much about their stage of development and the capabilities and capacities that have been built up over time. The wonderful work of Cesar Hidalgo and Ricardo Hausmann at the Observatory of Economic Complexity allows us to visualise the product spaces inhabited by a large number of countries. Drawing on the latest available data I use these visualisations when introducing the economics of international trade.

What does the United Kingdom export?

What does the United Kingdom import?

What does Zambia export?

What does Mexico export?

Exports from Mexico in the product space

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