According to the Port Authority of New York and New Jersey, the import-to-export ratio in the first quarter of this year was 1.8.
On a purchasing-power parity basis, Mr Maddison calculates, China's export ratio is just 4.3% of GDP.
However, the "true export ratio" shown in your accompanying graph may go too far the other way.
In 2001, according to the IMF, Latin America's debt-to-export ratio was 213%, compared with Africa's ratio of 185%.
By contrast, the East Asian economies are in a much stronger external position.In this section External-debt-to-export ratio Overview Financial markets Economy Reprints.
That would make the denominator for the export ratio much bigger than GDP.Once these adjustments are made, Mr Anderson reckons that the "true" export share is just under 10% of GDP.
Worries about export earnings, given Argentina's high debt-to-export ratio, increase the interest-rate spread the country pays over United States interest rates, which have themselves risen this year.But if investors are worried about Argentina, they are not panicking.
But since the data were not seasonally adjusted, economists were split over whether it had joined Singapore and Taiwan in recession.In this section External-debt-to-export ratio Overview Financial markets Economy Reprints.
Second, low interest rates have reduced debt-service costs—especially important for Latin America, where the debt-to-export ratio is twice as high as the average for emerging economies.
Both the external debt and the debt-to-exports ratio rose at an ominous pace.
We assume that the export ratio to the output for each sector is the same within the prefecture.
