Top 10 Global Economies and Free Trade Indicators

While the growth of exports is impressive and comprises close to a quarter of global GDP, this growth has not been shared equally as some countries and industries have benefited from it more than others.

Countries use different measures such as tariffs (customs duties is the most common type), government subsidies, quotas on imports embargoes on trade with particular countries, licenses to import goods into the country and import). Besides tariffs, the others are trade barriers to restrict the import or export goods, which is considered a protectionist measure.