2 ms·
So this is pretty misleading, because it shows a single item, and this favors items which cannot be subdivided further. For example, USA has "Petroleum" as a m
by theamk 6y ago
So this is pretty misleading, because it shows a single item, and this favors items which cannot be subdivided further.
For example, USA has "Petroleum" as a most valuable export, same as Iran and Iraq.
But more detailed data [0] shows:
$95.8B "Refined Petroleum"
$191B "Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof"
$142B Electrical machinery and equipment and parts thereof
...
You cannot really draw any conclusions based on a name of a single "top export" alone, you really want to consider the overall contribution of this export.
[0] https://oec.world/en/profile/country/usa?depthSelector1=HS2Depth https://oec.world/en/profile/country/usa?depthSelector1=HS2D...