countries where most of the income is exported
abroad, GNI is less than GDP. On the contrary, if
citizens of a country have high incomes in companies
in other countries, then GNI will exceed GDP.
In practice, the previously made conclusions were
confirmed. A while the difference between gross
domestic product and gross national income may be
significant in theory, in practice it turned out to be
insignificant. For example, if the mean GDP in
Europe is 659 billion USD, the mean GNI is 682.8
billion USD. Relative to these amounts, the difference
is small, but noticeable and is the highest among all
the districts considered.
Figure 2: Mean GNI of world regions (million $).
2.3 Analysis of Cargo Flows between
World Regions
In order not to be unfounded, let's move on to the
analysis of freight traffic between the world macro-
regions. Fig. 3 and Fig. 4 show graphs reflecting the
import and export of all goods between the regions in
monetary terms. The 15 regions into which we united
all states earlier are now presented in the form of 5
larger zones.
The most promising is cooperation between
America and Asia, which can be explained by their
developed economic and trading system. Indeed,
paying attention to the mean nominal GDP and mean
GNI that we examined earlier, it becomes clear that
they are indicators for high trade between these
macro-regions. It should be noted that the import of
products from Asia to America (1611million USD) is
almost 2 times more than in the opposite direction
(980 million USD). Why is this happening?
I propose to carefully consider Fig. 5. The total
tonnage of freight turnover between Asian countries
and the rest of the world tells us that China, Japan,
India, Korea and other large manufacturing countries
in Asia have a powerful resource base - no other
macro-region has such a volume of goods supplied to
other zones: In 2019, more than 350 million tons of
agricultural products alone were supplied, fuel - more
than 1.24 billion tons, metals and minerals - more
than 700 million tons. And this is not all the products
exported by Asia.
The trade partnership between the countries of
Europe and America is no less interesting: fertilizers,
metals and minerals, gas, oil are also in great demand
here. The supply of various goods from Europe to
Australia, as two economically developed regions of
the world, is surprising: the weight of the transported
goods in 2019 (Fig. 5) and its monetary equivalent
(Fig. 3 and Fig. 4) is not large.
How can such a commodity exchange
phenomenon be explained? Previously, the analysis
could only be based on economic indicators, but now
it is necessary to consider the geographical location
of the regions: Europe and Australia are among the
most distant trading partners. Therefore, it is much
more profitable for them to look for suppliers in
countries that are closer. This is what happens –
Australia prefers to import goods mainly from Asia
and Oceania. However, why are there deliveries from
Australia to Europe and back at all? This question can
be answered if you pay attention to the types of
products delivered. The basis of trade is coal, which
is not surprising: Australia is a major exporter of this
type of raw material in the world.
It is interesting that African countries with low
macroeconomic indicators supply a lot of goods, for
example, to America (more than a billion tons in
2019). The most exported precious metals, ores and
phosphorites. At the same time, African countries buy
little cargo from other macro-regions. How can this
be explained? The federal budget plays an important
role here. Mauritania, Togo, Eritrea, Burundi,
Lesotho, Swaziland, Liberia and other countries are
among the poorest in the world (GDP less than US $
10 billion). That’s why many states do not have the
ability to purchase goods from abroad.
Trade cooperation between Europe and Asia is no
less important than the rest. Perhaps the most
prominent is the cargo turnover between these macro-
regions. The difference in the quantity of products
delivered between these zones is very noticeable: 213
million tons from Asia to Europe, 721 million tons in
the opposite direction. It is very important to
understand why there are such strong differences in
the volume of deliveries.
To do this, you need to consider the types of
products. The most priority cargoes from Europe to
Asia are forestry products, fossil fuels, agricultural
products, gold, silver and other precious metals,
palladium, platinum.