Globalization scenarios – challenges and responses

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Globalization Scenarios | US, EUROPE AND CHINA: THE THREE REGIONS IN COMPARISON

US, EUROPE AND CHINA: THE THREE REGIONS IN COMPARISON 30.8 %

13.2 % 10.8 %

US GDP (2019) High-tech exports (% of industrial exports), 2019

$18.3 TRILLION

POPULATION (2019) Share of world trade (exports), 2019

1.9 %

Share of world trade (imports), 2019

Defense spending (% of GDP), 2019

330 MIL.

18.9 %

13.4 % 8.7 %

3.4 %

High-tech exports (% of industrial exports), 2019

Share of world trade (exports), 2019

Share of world trade (imports), 2019

Defense spending (% of GDP), 2019

16.1 % 1.6 %

11.3 %

Sources: The World Bank, DataBank, World Development Indicators; German Federal Ministry for Economic Affairs and Energy, Statistics on German foreign trade. *Figures for the European Union (EU). 1.4 %

8

High-tech exports (% of industrial exports), 2019

Share of world trade (exports), 2019

Share of world trade (imports), 2019

Defense spending (% of GDP), 2019


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