World Trade Patterns
According to the Organisation for Economic Co-operation and Development (OECD), the U.S. share of the world's export trade has inched up over the last decade. U.S. shipments amounted to approximately 11% of total export trade between 1985 and 1987, and to more than 12% between 1993 and 1995. Over the same period, the export share of other OECD countries (relatively developed nations) fell from 62% to under 60%, and the export share of non-OECD countries (developing nations) expanded from 27% to 28%.
Suggested citation: “World Trade Patterns,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-02, pp. 19, 02.01.1996.