4.1.3

• What is the geographical pattern of trade?

  • This is the countries with whom businesses and people trade
  • Intra-regional trade is trade between countries in the same region (European Union, Africa, Asia)
  • Countries tend to trade most with other nations in closest proximity
• Trade in goods


  Goods exported and imported include commodities, and tangible manufactured products such as cars, components for aircraft, processed food and drink, chemicals, pharmaceuticals, steel and computer equipment. Over 70% of merchandise exports (globally) are manufactured goods.