Trade Patterns

Trade patterns refer to the typical ways countries exchange goods and services with each other. They show which countries buy and sell specific products, influenced by factors like resource availability, technology, costs, and policies. These patterns help understand global economic relationships, shifts in industry strengths, and how countries benefit from specializing in what they do best while importing others. By analyzing trade patterns, we can see trends over time, identify dependencies, and assess the impact of trade agreements or barriers on international commerce.