Recent trends in primary exporting countries

The main stream of foreign trade of the primary exporting countries connects them with the industrial countries to a much greater extent than with one another. In this respect, the flow of their trade differs markedly From that of the industrial group, within which intra-trade is much more important. A corollary to this is the fact that in the primary exporting countries import capacity—and hence, in part, standards of living and, more significant cor economic growth, the rate of fixed capital formation—is governed in large measure by the demand for primary commodities in the industrial countries.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action