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India mostly exports raw materials to China and is one of the largest iron ore exporters to China.
"We come from Canada, a big cold country that exports raw materials to a southern neighbor," he said.
You might not realise it, but India exports enormous amounts of water when it exports raw materials such as cotton and products such as automobiles.
Paulo Skaf, of São Paulo's industry federation, notes that although Brazil exports raw materials to China, 70% of its manufactured exports are sold within the Americas.
While the U.S. both imports and exports raw materials and agricultural foodstuffs, Japan, China, Germany and India are major importers.
While Russia exports raw materials to the EU (mostly crude and refine oil and gas), the EU supplies Russia with a diverse array of machinery, transport equipment, chemicals, pharmaceuticals and agricultural products.
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Overall, Spain remained a country that exported raw materials and imported manufactures.
Traditional aid can also be channelled into helping less developed countries make the transition from exporting raw materials to building manufacturing industries.
American officials last month filed a challenge with the World Trade Organization protesting restrictions that China has imposed on exporting raw materials extracted from its own mines.
She found that Putin had entered into legally dubious contracts with obscure firms to export raw materials abroad in return for food.
China has been trying to expand its alloy industry so as to create higher-paying jobs in mining areas, instead of exporting raw materials for initial processing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com