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Grinding machines, numerically controlled

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Exports from low-cost countries

Chart 1

World and LCC exports

Legend:

World exports

LCC exports

LCC share of world exports (%)

Chart 2

World export shares of leading LCCs (%)

Source-country competitiveness

Chart 3

Specialisation in exports of leading LCCs (index)

Chart 4

Rate of export growth of leading LCCs (%)

Legend:

LCC average

Chart 5

Competitive positioning of leading LCCs

 

 

Specialisation in exports

Weak

Strong

 

Export

growth

Above

LCC

average

Challengers

South Korea

China

Thailand

Russia

Hot spots

Brazil

 

Below

LCC

average

Cold spots

Taiwan

Laggards

Czech Rep

 

Technical notes

Low-Cost Countries (LCCs) are defined to comprise the 35 leading exporters of manufactures with a GNI-per-capita below USD 15 000.

● Specialisation in exports (index,1.00 / +1.00) measures a source country's competitive advantage over other LCCs in the product category.

Export growth is calculated as the (compound) annual rate of growth. A rate of export growth exceeding the LCC average is an indication of (current gains) in world export share from other LCCs.

● Our metrics are based on an analysis of cross-border trade flows. Such flows reflect the views of investors and traders on the ability of source countries to supply international markets.

Updated: January 2008

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