4 essential websites with visualizations of economic indicators
In the context of the exchange of goods and services at a global level, the analysis of regional and national economies is essential to understand their linkage, the expansion of their industries and the forces that generate economic development.
Below we present you 4 essential sites with relevant economic information and easy visualization, which will serve as a reliable source of information to undertake an analysis of the current reality and trends in international trade.
1. Trade map
With information in English, Spanish and French, the site is sponsored by the International Trade Center, which is a joint organization of the World Trade Organization and the United Nations. In it, you can find tables, graphs and maps, indicators on the performance of exports, international demand, alternative markets, and competitive markets. You can make your own reports by country or regions.
The Trade Map covers 220 countries and territories and 5300 products. The monthly, quarterly and annual trade flows are available from the most aggregated level to the tariff line level.
2. Trading Economics
Trading Economics is a very popular site, with 380 million visits from 200 countries. It presents information on 196 countries, with historical data of more than 20 million economic indicators. On the site, it is possible to see economic forecasts by country, indicator, product, among others.
According to the site, the sources of information are official and are checked regularly to detect inconsistencies.
3. The World Economic Forum Transformation Maps
The page of the World Economic Forum shows interesting articles about priority topics at the international level in several languages. Although a lot of information can be found only in English.
It has an interactive and fascinating visualization tool: the Transformation Maps, which illustrates the complex forces that drive transformative change in economies, industries, and global problems.
4. The Observatory of Economic Complexity
The Observatory of Economic Complexity is a site that allows simple and attractive visualization of economic information about different countries and about the products that they exchange. It was the master’s thesis of Alexander Simoes in Media Arts and Sciences at the MIT Media Lab. On the site you can generate visualizations on imports and exports, by countries and by products. If you are interested in data visualization, this is a job that is worth observing.
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