The Singaporean economy depends heavily on exports and refining imported goods, especially in manufacturing,[71] which constituted 27.2% of GDP in 2010[7] and includes significant electronics, petroleum refining, chemicals, mechanical engineering and biomedical sciences sectors. In 2006 Singapore produced about 10% of the world's foundry wafer output.[72] Despite its small size, Singapore has a diversified economy, a strategy that the government considers vital for growth and stability.
Singapore is the busiest transshipment port, third busiest port in terms of tonnage and second biggest container port. Since it's only exports, and not a trade balance, it makes perfect sense for Singapore to make the list. If Hong Kong would be counted seperatly from China, it would also make the list with ease for similar reasons. Belgium is also just included for similar reasons (Port of Antwerp) and I'm pretty sure the Netherlands is too (Port of Rotterdam).
Also, it's nice to see that US exports are almost as huge as Chinese ones. It's popular (within America) to say these days that America doesn't make anything anymore. I've always known that was obviously BS, going around the world you see American stuff everywhere, but considering the trade imbalance and the fact that sometimes it seems 50% of everything on store shelves says "made in China" I was still surprised that it was so close.
I think the reason you find a lot of thing made in china in stores and that is because china tends to manufacture a lot of low value goods whereas american tends to focus more on high value goods such as cars (in general)
Funny to see that the Netherlands is so high, it exports more than Austria, Norway and the Czech Republic together!
Plus the Netherlands has 16 million inhabitants, which is only about a 20th of the USA's population, but the Dutch export is a third of the USA's. If the USA exported as much as The Netherlands 'per capita' the USA would export for about 11,500 billion instead of 1,511.
So you could call the Netherlands the best exporters
I wonder how much interstate commerce there is in the United States. I'm pretty sure if that was included it would put the US on par or in excess, per capita, vs any of the smaller European countries. Trade amongst EU countries is now pretty similar to trade between US states.
why? There are only two countries in Europe with economies larger than that of California's. Only four that are larger than Texas'. It's perfectly reasonable to count US states as equivalent to European countries. In terms of economics and trade, they are. I was just musing.
Hmm, then you should also add the EU as a "country". The EU-countries in this list alone beat China, but on the other hand, a lot of their exports go to other EU-countries...
Some imported American drinks and food that can be found in rather big supermarkets here in Germany are often labeled as imported through the Netherlands. Probably because of their big port in Rotterdam. I wonder if something counts for both the Netherlands and Germany.
A couple notes about the latest update. China's numbers include Hong Kong, which might mean the number is an overestimate, since trade between Hong Kong and mainland China might be included. Exports of services are no longer included. This effects some countries more than others, notably the US and UK.
Surprised to see the UK on the list let alone in the top half considering how reliant our economy is on the service industry, what do we even make? Dysons and JCBs?
We actually make a lot of stuff, just not necessarily British stuff. We've got companies like Rolls Royce and Jaguar Land Rover, but also major Boeing and Airbus factories, BAE shipyards, SEAT, Renault, Toyota, Honda, Nissan, all of which make finished products in the UK then re-export them as well as selling them internally. Because of the liberal nature of the UK economy, many companies invest in it as the gateway to Europe.
Although this will go down once we leave the EU as companies invest in countries such as France and Germany instead. Still can't believe that terrible decision.
Yeah, there is still manufacturing but it's rarely limited within one single country. It's hard to determine whether a certain car brand is German or French or British these days. Every model gets constructed in different countries and uses parts from all over the world.
Why? Brazil might keep most of the things they produce themselves. Whereas Switzerland might import a lot as well as export. This is not a list of how much a country produces.
but after oil the amount of stuff they export drops off precipitously. Without consulting the Internet I believe that Saudi's top exports after oil include other byproducts of the same industry - natural gas and petrochemicals, dates, and previously sand and concrete though I think the last king put a stop to that on the grounds that it was damaging to the environment.
I don't really think this Quiz has anything to do with ports, since that really doesn't mean that the country really MANUFACTURES goods, but it just does make them pass, cashing on it, and that is a SERVICE. It should depend on the producing power of a country. IE Switzlerland, not a manufacturing country in itself, makes the list because of the huge corporations living under its banner.
The only one that surprised me was India being so low down. I assumed that with their ridiculous population growth and cheap labour they would be attempting to compete with China...
Source: http://en.wikipedia.org/wiki/Singapore#Economy
Plus the Netherlands has 16 million inhabitants, which is only about a 20th of the USA's population, but the Dutch export is a third of the USA's. If the USA exported as much as The Netherlands 'per capita' the USA would export for about 11,500 billion instead of 1,511.
So you could call the Netherlands the best exporters
Whaaaat?
Foreign license plate bingo is probably easiest played in the Netherlands ;)
Only landlocked country be like: