World Trade Month Wrap-Up

24 May 2016 | News World Trade Month Wrap-Up Contact Us World Trade Month is observed each year in May. The objective of this recognition is to create awareness, identify trends and drive market opportunities. World Integrated Trade Solutions offers extensive data related to world trade. The same site offers interesting visualization options such as the word cloud referenced below. In a 2015 ranking of the top 20 export countries worldwide via Statista, China ranked first in exports with an export value of about 2.28 trillion US dollars. That same report went on to indicate: The value of goods exported from China grew immensely between 2002 and 2014. In 2002, China’s exports were valued at about 327 billion US dollars. China’s export value grew to 2 trillion US dollars in 2012, the first year in which China exported more than 2 trillion US dollars worth of goods. Year over year export growth remained above 17 percent between 2002 and 2012, except in 2009 and 2012. In 2004, export value grew by over 35 percent. In 2011, China accounted for about 10% of global merchandise exports and about 4% of global service exports. China’s greatest export product categories in 2011 was machinery and transport equipment, of which they exported 902 billion US dollars worth. In 2012, China exported 159 billion US dollars worth of clothes and clothing accessories. At the community level, Pro QC’s Tampa team attended the International Town Hall event hosted by the Tampa Bay Export Alliance. We heard from local leadership supporting trade initiatives throughout the region. And, we saw local companies highlighted for their successful sourcing and supply chain initiatives. Jabil Circuit had a particularly interesting keynote presentation related to their supply chain visualization and Intelligent Control Tower. To learn more about world trade, we recommend these sites: WTO Statistics & Data World Bank Data Facts on the Global Economy To learn more about reducing the quality risks and cost associated with global trade, contact us! Tags: internationalmanufacturingqualityrisksourcingtrade You May Also Like What Happens After a Failed Pre-Shipment Inspection? Pro QC Holds Special Seminar on Welding Inspection Standards in China to Strengthen Technical Expertise Pre-Shipment Inspection for Textile Workwear in Honduras Click Below to Improve Product Quality with Pro QC Contact us Get a Quote or Book a Service We will be happy to give you more information about our quality solutions. Please fill in this form to contact us. We will respond as soon as possible. If you would like to submit your CV, please click here. Contact Us by Email Contact Us by Phone North America +1 206 397 1145 Mexico +52 55 9990 7885 Colombia +57 601 9190355 United Kingdom +44 330 094 5589 France +33 9 7303 6784 Germany +49 15630 810151 Australia +61 2 8252 7691 India & South Asia +91 227 189 7407 Asia & Asia Pacific +886 2 2832 2990 We use cookies to improve your experience. By continuing to browse, you agree to their use. Customize settings Accept all Decline all Privacy policy Cookie policy × Cookie settings Please select the categories of cookies you would like to allow. Essential cookies are always enabled.