Exports from Africa remained low, accounting for 2.1 per cent of world exports.

Developing countries' exports grew faster than total world exports, which expanded by 20 per cent.

The value of world exports amounted to 8.9 trillion.

Making matters worse, African exports to China are even less technology intensive than its exports to the world.

Russia s government has banned wheat exports, sending world grain prices soaring.

The textiles exported the world over by these industries are deemed African exports when in reality they are now Chinese exports.)

Sub Saharan Africa's merchandise exports stood at 146 billion in 2004, accounting for a modest share of 1.6 per cent of world exports.

Africa accounts for just 2 per cent of world trade and only 1.4 per cent of world exports.

Sub Saharan Africa's share of world exports is estimated at 1.5 per cent.

The ESCAP region is a major contributor to world trade growth, with both exports and imports growing faster than world exports and imports and with China becoming the world's third largest trading nation.

Sources UNCTAD, Handbook of Statistics, 2004 (exports and imports of merchandise) and World Bank, World Development Indicators 2005 (GDP).

On the one hand, world trade is growing, and so are Latin America s exports.

In such a world, continued hassles and hiccups for Chinese exports can be confidently expected.

The country currently exports around 3000 tonnes per annum, representing around 2 of world production.

Ten most dynamic commodities in world exports (ranked by growth in export value), 1985 2002.

Exports

Exports

And declining economic activity in the rest of the world is lowering demand for US exports.

Serbia exports across the world, notably to the Middle East, Africa, Southeast Asia, and North America.

If Africa enjoyed the same share of the world exports today as it did in 1980, its exports today would be some 119 billion higher (in constant 2000 dollars).

(b) Exports

Merchandise exports

1. Exports

Exports Imports

quot Exports

Exports c

But, with budget tightening around the world, demand for Asia s exports is expected to continue to falter.

But, from the perspective of the world as a whole, net exports are a zero sum game.

In the mid 1950s, the share of sub Saharan Africa in world exports was 3.1 per cent.

In a framework of poor demand for African exports, exports have stagnated at 75 80 billion in 1992, despite a recovery in world trade, the same level as in 1990 1991.

Thus, steel products as a group were less dynamic than world exports but slightly more dynamic than commodities.

(c) Imports exports

2. Import exports

Non oil exports

Data on exports

Data on exports

World exports of finished and semi finished steel increased from 245.4 Mt. in 1996 to 337.9 Mt. in 2003.

Their share in world merchandise exports increased from 24 per cent in 1990 to 33 per cent in 2004.

45. Many developing countries were dependent on exports of commodities whose prices had continued to fall on world markets.

The Import of Exports

Monitoring exports of ordnance

Total imports Total exports

1. Loss of exports

Exports of military equipment

1. Diversification of exports