Emily Brun
Dr.
Kassens
Econ 122
December
14, 2015
In reference to the country that I
decided to analyze with the assistance of UN Comtrade, I decided to take a
closer look at Ireland. I was happy to see their decline in the total import
value of “84- Nuclear reactors, boilers, machinery, etc.” from 2008- 2013. The nominal
decline equaled a total of $6,382,428,910. In addition, Ireland began to make a
presence in the market of “30- Pharmaceutical products”. Even though the data provides
information dating back to 2008, Ireland did not get involved with the
importation of these products until 2009. However, once Ireland did begin
importing pharmaceuticals it quickly became one of their top 4 imported goods.
While
analyzing all of the reporters for the “Top 20 Imported Commodities” reported
on SAS’s UN Comtrade Demo, the most blatant trend that I noticed was the
ubiquitous presence of either China, United States, or Germany in one of the
top 3 positions of the “Total Import Value” table. In particularly in “39-
Plastics and articles thereof”, “90- Optical, photo, technical, medical, et
cap” and “- Nuclear reactors, boilers, and machinery”; United States, China, and
Germany hold the top 3 positions. It is clear to see that “27- Mineral fuels,
oils, distillation products” is the most profitable median of partner trade,
being upwards of $1.5 billion. However, this commodity is also the only one out
of the 20 commodities that does not include the United States, China, or Germany
in the top 3 profiting positions of the table. This commodities top partners
include Russian Federation, Saudi Arabia, and Norway.
In
addition to that outlier, “99- Commodities not specified according to kin”
included top partners that were not present in any of the other commodities; these
partners being “Areas, nes” and “Special Category”. Another trend that I found
peculiar was the stark difference in total import value from the top partner to
the 2nd partner. The import value fell from $1,040,627,663,013 with
Areas, nes to $263,700,179,868. China, United States, and Germany have remained
in the top 3 for “Imported Commodities” between the years 2008- 2013. I was
able to see the expansion of the amount imported by China and United States
over the course of these years.
Aside
from the previous trends that caught my attention, I decided to analyze “84-
Nuclear reactors, boilers, machinery, etc.””. My reason for this being that I
am interested in why so many resources are being applied to such harmful and
violent commodities. The “Trade Balance” chart illustrates the amount of
Nuclear Reactors, Boilers, Machinery, etc. imported at an amount of $2,264,631,856,332.
Likewise, the exported amount populated at $2,451,463,067,697. The top 5
countries contributing to the trade of Nuclear reactors, etc. include China,
United States, Germany, Japan, and Italy. The top 4 of these 5 countries are
importing this commodity in the billions, while the subsequent countries are
importing in the millions.
Reference List
SAS: The
Power to Know. (2008- 2013). UN Comtrade Demo – SAS Visual Analytics. SAS: The Power
to Know. Top 20 Imported Commodities. Retrieved
from http://www.sas.com/software/visual-analytics/demos/un-comtrade-basic.html
SAS: The
Power to Know. (2011- 2013). UN Comtrade Demo – SAS Visual Analytics. SAS: The Power
to Know. Mirror Statistics Import – Top 20
Imported Commodities. Retrieved from http://www.sas.com/software/visual-analytics/demos/un-comtrade-basic.html
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