Analysis and Studies - Country Analysis
OECD: Organisation for Economic Co-operation and Development
January 5th 2024
OECD is an intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices and coordinate domestic and international policies of its members.
OECD (Organisation for Economic Co-operation and Development) is an International Organization composed by United States, Germany, Japan, South Korea, Netherlands, Italy, France, Canada, Mexico, United Kingdom, Belgium, Spain, Switzerland, Australia, Poland, Turkey, Czechia, Ireland, Austria, Sweden, Norway, Hungary, Denmark, Slovakia, Chile, Finland, Greece, Portugal, New Zealand, Israel, Slovenia, Colombia, Lithuania, Estonia, Latvia, Luxembourg, Costa Rica, and Iceland. In 2019, OECD exported $11.8T (56.3% of global exports) and imported $12.8T (61.1% of global imports). Its largest exporter, United States exported $1.63T, which corresponds to 13.8% of the total exports. On the other hand, the largest importer, United States, imported $2.73T, which is 21.2% of the total imports of Organisation for Economic Co-operation and Development.
Trade
In 2021, OECD's most exported products were Oils petroleum, bituminous, distillates, except crude ($338B), Medicaments nes, in dosage ($301B), Monolithic integrated circuits, digital ($267B), Petroleum oils, oils from bituminous minerals, crude ($260B), and Medium Sized Cars ($196B). The same year, the most imported products were Petroleum oils, oils from bituminous minerals, crude ($514B), Oils petroleum, bituminous, distillates, except crude ($377B), Transmit-receive apparatus for radio, TV, etc. ($299B), Medicaments nes, in dosage ($271B), and Monolithic integrated circuits, digital ($182B).
In 2021, OECD's exports went primarily to United States ($1.59T), China, whose export amounted to $1.03 trillion, Germany, with an export value of $1.02 trillion, France and United Kingdom played a pivotal roles in the export market with exports valued at $559 billion and $473 billion respectively.
The same year, OECD's imported primarily from China ($1.8T), Germany ($1.22T), United States ($1.08T), Netherlands ($539B), and Italy ($462B).
Fonti:
https://oec.world/en
https://data.worldbank.org/
https://www.trademap.org/