Why Are These America's Top 15 Exporting Sub-Regions, By 2021-24? Blog-29

 

By Dr. Lade Vedkumar.

Very impressive export prospects are going to expand in these sub-regions by 2024.

These are the average export values of 2020 and export prospects by 2024.

East Asia :

2020-255.3 billion dollars,

2024-389.6 billion dollars.

EU & West Europe:

2020-270.8 billion dollars, 

2024-350.2 billion dollars.

Latin America:

2020-252.8 billion dollars,

2024-306.0 billion dollars.

 North America:

2020-216.3 billion dollars, 

2024-223.3 billion dollars.

Asian:

2020-76.2 billion dollars,

2024-117.1 billion dollars.

Middle East:

2020-58.5 billion dollars, 

2024-80.4 billion dollars.

South Asia:

2020-23.1 billion dollars,  

2024-43.1 billion dollars.

Pacific:

2020-25.4 billion dollars, 

2024-32.6 billion dollars.

Caribbean:

2020-15.9 billion dollars,

2024-21.0 billion dollars.

East Europe & Central Asia:

2020-10.7 billion dollars, 

2024-17.9 billion dollars.

Northern Africa:

2020-6.7 billion dollars,

2024-10.8 billion dollars.

Southern Africa:

2020-5.7 billion dollars, 

2024-8.1 billion dollars.

Western Africa:

2020-4.2 billion dollars,

2024-7.7 billion dollars.

Eastern Africa:

2020-1.3 billion dollars, 

2024-2.8 billion dollars.

Central Africa:

2020-652.4 million dollars,

2024-1.0 billion dollars.

Important conclusion:

Best results can be found in products having larger absolute difference between 2020's exports and prospects by 2024 in value terms. It will create the space to earn additional export.

Note: All the values are in an approximate US dollar. Prices may vary as per the market demand and dollar value fluctuation. 2020's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digit HS code was used for the above outlook.

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Research source:

1. World Trade Organization, Trade forecast.

2. World Bank WITS.

3. International Trade Centre.

Research access duration December 2020.

© 2020-24 Future Export Vision.

Other valuable December 2020 Editions:

Why Are These The United States Top 10 Exports, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-these-are-united-states-top-10.html

Why Are These The United States Top 10 Export Countries By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-these-are-united-states-top-10_7.html

Why Are These The United States Top 10 Imports, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-these-are-united-states-top-10_10.html

Why Are These The World's Top 10 Exports, By 2021-24?

https://futureexportvision.blogspot.com/2020/12/why-are-these-worlds-top-10-exports-by.html