Source: WTO
(Detailed PDF Map)
Global Trade, 2013
Geographically, global trade takes place around three major poles; North America, Europe and Pacific Asia (the Japan, Korea and China triad). Trade volumes are not necessarily correlated with trade as a share of GDP. This share is often labeled as the depthless of trade. Some countries, like the United States, have significant trade volumes, but this volume accounts for a relatively small share of the national economy (about 25%). Inversely, countries having a strong export component, such as the Netherlands, China and Canada, have a higher dependence on international trade. Countries having a very high share of trade in relation to GPD (above 100%) are usually focusing on natural resources exports (ex. Middle East, Southeast Asia, Africa), which can lead to a situation of dependence. Landlocked countries tend to have a higher share of trade over their GDP, which is in part reflective of their higher trade costs.