Wednesday, August 29, 2018
The United States of Global Trade
This week Donald Trump negotiated a 'really good' trade deal with Mexico and said that he is now "working on Canada". These new trade deals with the USA's closest neighbors will effect trade in every state in the USA. According to the Wilson Quarterly the trilateral trade between the USA, Canada and Mexico is worth around $1.2 trillion.
You can explore the American side of this trilateral trade on Wilson Quarterly's new interactive map. The United States of Trade is an interactive map which provides a brief introduction to the type of goods that each U.S. state imports and exports to both Mexico and Canada. Click on a state on the map and you can view the state's main imports and exports from both of the US's neighboring countries.
The United States also imports and exports goods to every other country in the world. You can explore this global trade on Data Labs' 3d visualization of imports and exports around the world. Global Corridors for Trade - Imports and Exports by Country shows how goods and services travel around the globe as a result of international trade.
Using the drop-down menu you can select to center the map on a country of your choice. The map will then show you the total amount your selected country spends and makes on importing and exporting goods (in minerals, machinery and agriculture).The flow lines on the map show the countries around the world that your chosen country has trade deals with.
You can select to view either imports and exports on the 3d globe. You can also break this trade down to show imports and exports of minerals, machinery and agriculture. The date tool at the bottom of the page allows you to view the trade figures for individual years and to view a graph of import and export totals over time.
You can also explore how trade operates around the world using Chatham House's global resource trade database, which includes 20 million points of data on global trade spanning 270 countries and 1,300 commodities. The online database also allows you to map the trade flow of individual commodities around the world.
Using Chatham House's resourcetrade.earth you can track and visualize how natural resources are traded around the world. This interactive map allows you to view the global trade of individual commodities, the global trade of individual countries and how trade by these countries in all these commodities has changed over the years.
For example using the map's filter controls you can see all the countries where the USA imports sugar from. As well as the map showing the countries that export sugar to the USA resourcetrade.earth shows the total value of trade from each of these countries and information about the fastest growing and fastest declining countries in the trade of sugar to the USA. You can also then progress to view information and the value of the international trade of sugar and explore where other countries around the world import or export sugar to and from.
Searches carried out using resourcetrade.earth can be visualized, shared, embedded or downloaded. This means that you can use resourcetrade.earth to illustrate reports and stories about individual commodities and global trade on your own website or blog. Chatham House uses this feature of resourcetrade.earth themselves to illustrate and visualize their own investigations into the international trade of natural resources. You can read these investigations in resourcetrade.earth Stories.
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