World and Irish Trade Organization

Thèmes abordés

Irish Trade Organization, International trade business

Résumé du document

International trade business is taking a bigger and bigger place in our daily life. It permits us to access to more resources. For example, we would not be able to buy banana from Cameroon if international trade did not exist. Thanks to this notion, people from very different countries are able to exchanges goods and services between each other.

There are many exchanges in the world. In this paper, we will try to present the situation between the different countries, the difference between each other. We will also do a statement for some of them to have an overview in defined sectors for both goods and services. Our main task here is to present an overall presentation of the World and Irish trade.

In every industry, in every market, exchanges are done every day since a long time ago. We will spotlight this study on the beginning of the 21st century and trying to focus as much as possible on the evolution since the late 20th century. We will also define and present the main actors of world trade, that is to say we are going to see who the most important entities of trading are and also which products are the most traded. It is also necessary to have a look on the different products, sectors, regarding to different countries.

Extraits

[...] Many factors can impact this evolution (terrorism, natural catastrophes, crisis) Rank Source: CSO Share of major markets in merchandise exports 95-04( in The most interesting evolution of this table is the Chinese one. We can really see the way it goes. In 1995, it was at and in 2004 it increase up to almost 18%. China is the one growing with the biggest importance. The United States are stagnating around Europe percentage is decreasing constantly since 1995, and went down from 40% to 30% in 9 years. [...]

[...] Now, we are looking at the US and the UK situation. In matter of products the situation was, for both of them was a big deficit. In services the UK and the USA are reaching the + of surplus. That confirms the fact that there is not a direct relation between goods and services. It is a really good example of international trade. If you have too much potatoes and your neighbour has too much carrots, you can exchange carrots and potatoes. [...]

[...] The agricultural, forestry and fishing exports are stagnating around 5 billion since 1997. The main sector in which Ireland seem to be good at exporting, is without any doubt the industrial origin of produced products. The situation is increasing considerably and is multiplied by 2 during the period from 1997 to 2002, and go from 40 billion to a bit more than 85 billion of exports. After 2002, it stagnates until 2005. We can conclude by saying that Ireland exports are really focused on the tertiary sector, which represent a bit less than 90% of the exports in 2005. [...]

[...] First of all, we can notice that Ireland is 31st with more than 87 billion $ of imports in 2006. The most powerful country in the world, the United States is also the most important imports country, far to the front with 1,869 billion in front of Germany which is 916 billion $ of imports. China and the United Kingdom are third and fourth. France is in the Top 5 of imports with 530 billion $ imported. World exports of commercial services by region This graph represents the exports, valued in billion of the commercial services by region. [...]

[...] Japan has a really important exports policy, this situation is really positive for this country: + Countries like France, the UK, Portugal, Italy and Spain, are, by the end of 2006 in deficit in matter of balance of payment. We could also say, that they are good buyers and bad producers generally speaking. But, Belgium, Denmark, Greece, Ireland, Austria Finland and Sweden are in a surplus position. We could formulate the hypothesis that they are very good and diversified producers. So good, that they can export what they mass produce. [...]