WTO Launches Trade Connectivity Heatmap to Show Bilateral Trade Between Economies
The World Trade Organization launched a Trade Connectivity Heatmap to provide a broad overview of the trade relationships between various economies across product categories, the WTO announced June 24. The map uses bilateral trade flow data from over 180 economies…
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aggregated into around 70 product types to allow users to zero in on data for bilateral product-by-product relationships. The map allows for the organization of data based on four indicators: imports from a selected economy as a share of other economies' total imports in a chosen product category, exports meant for the selected economy as a share of other economies' total exports, the selected economy's imports originating from other economies as a share of the selected country's imports in the selected product category, and a selected country's exports meant for other economies as a share of the selected country's exports in the chosen product category.