Foreign Trade and Geographical Direction of International Trade

I. Geographical Direction of Foreign Trade Geographical directions of foreign trade, also known as the distribution of foreign trade regions or country structures, refer to the status of individual countries or regional groups in a country’s foreign trade in a given period of time, usually with their import and export in the country. The total amount or the total amount of imports and the total amount of exports are expressed. The geographic direction of foreign trade indicates the destination of a country’s exports and the origin of imported goods, thus reflecting the degree of economic and trade links between a country and other countries or regional groups. The geographical orientation of a country’s foreign trade is usually influenced by economic complementarities, the form of international division of labor, and trade policies.

II. Geographical Direction of International Trade The geographical direction of international trade, also known as “International Trade by Region,” is used to indicate the status of international continents, countries, or regional groups in international trade. Calculating the proportion of countries in international trade can not only calculate the proportion of the amount of imports and exports of each country in the total amount of world imports and exports, but also calculate the proportion of the total amount of imports and exports of each country in the total amount of international trade (the total volume of world imports and exports).

Since foreign trade is the exchange of goods between a country and other countries, the foreign trade is classified and analyzed according to the classification of goods and by country, that is, by combining the study of commodity structure and geographical direction, a country can be identified. The destination of different types of goods in exports and the sources of different types of goods in imports are of great significance.

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