Innovations In International Trade

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Asia’s Growing Global Dominance in International Trade

Asia’s Growing Global Dominance

Economies

Diriyah and the Giga Projects: Defining the New Saudi Arabia

This is How Much Each Country Benefitted from Tourism before Pandemic

How Does Tourism Help The Economy?

Tourism

Top Export Markets Around the World

United Arab Emirates

Maritime Trade Statistics During the Pandemic

Bringing The World to Saudi

Religious Tourism in Saudi Arabia

Kingdom of Saudi Arabia

Get to Know Saudi Arabia's Giga Projects, each worth over US$10 Billion

The 3 Key Stakeholders Driving Tourism in Saudi Arabia

Saudi Arabia is Aiming for 100 Million Tourism Visits by 2030

The Evolution of Saudi Arabia's Startup Ecosystem 2010-2022

Who are the Most Active Investors in Saudi Arabia?

Who are the Most Active Investors in Saudi?

Entrepreneurship

Total Contribution of Travel and Tourism to Global GDP and Employment

In 2019, Tourism contributed to 10.4% of Global GDP

McKinsey (from The Future of Asia, 2019) has estimated that Asia could easily become the largest region in terms of GDP and splitting up Asia into multiple categories would individually still be larger than other regions combined.

Asia’s Growing Global Dominance in Trade

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Considering the trade flow, the majority of the trade is flowing to or from China, the USA, or the EU. China&rsquo;s exports were US$ 3.4 trillion in 2021 (15.1% of global trade exports) followed by the USA that exported US$ 1.8 trillion worth of goods (7.9% of global trade exports). In the top 20, 7 European countries accounted for US$ 4.6 trillion worth of exports (20.6% of global exports), two of which are in the top five, including Germany and Netherlands. Rounding out the top five is Japan accounting for US$ 0.8 trillion (3.4%) of exports.

Asia’s Growing Global Dominance In Trade, 2017 & 2040 (forecast)

Regional Imports / Exports (US$ Trillion)

Regional Imports / Exports (US$ Trillion)

Regional Contributions to Global Trade

Asia’s Growing Global Dominance

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