Trade in the Atlantic Basin, 2000-2012: a panoramic view
Keywords:
Atlantic, goods trade, intraregional trade, Atlantic Basin, exportsAbstract
Revista CIDOB d’Afers Internacionals, nº 102-103
Quadrimestral ( September 2013)
ISSN:1133-6595 | E-ISSN:2013-03
This article offers a descriptive analysis of the goods trade in the Atlantic, and provides the following data: the largest trade volume can be found in the North Atlantic and the Americas, albeit with slower growth; Africa and South America trade mainly with the North, but with a tendency towards diversification; Europe depends less on Atlantic trade than other regions, South America being the most dependent of these; Africa mainly trades with extra-regional partners; the Atlantic’s role in world trade is diminishing owing to the rise of Asia (China); exports can be divided into those from the North (products with greater added value) and the South (raw materials); imports are dominated by automobiles and oil; the main challenge is the economic crisis in Europe; with the Doha round having stalled, the Atlantic free trade agreements under negotiation (Canada-EU; TTIP) are gaining importance, with the aim of boosting the flow of goods, which represents one of the largest in the world.
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References
Bhagwati, Jagdish N. Free Trade Today. Princeton: Princeton University Press, 2002.
Pollack, Mark A. y Shaffer, Gregory C. Transatlantic Governance in the Global Economy. Oxford: Rowman and Littlefield, 2001.
