Largest MERCHANDISE EXPORT BY COUNTRY | Data from World Bank

[@wintersl4544]

When the first place is equal to the sum of the second and third places, a term is born, overcapacity.

[@motherlandbot6837]

If Hong Kong SAR exports are added to China's exports, that "overcapacity" is even more impressive (or alarming). Unlike Singapore, which still has a diverse high end manufacturing as well as services based economy, Hong Kong shifted away from manufacturing products many decades ago. I'm old enough (late 70s) to remember when most childrens' toys sold in NA were made in Hong Kong and Japan. Today, they are nearly all made in China (along with almost everything else), and Shenzhen has replaced much of Hong Kong's role as an East Asian financial services center, as other port facilities along the Pearl River have gradually displaced Hong Kong's role as an export facility.

[@no1xtz765]

@@motherlandbot6837wish you a happy healthy life 😊

[@AndrewManook]

@@motherlandbot6837 Shenzhen? You mean Shanghai? Shenzhen focuses on manufacturing

[@motherlandbot6837]

@AndrewManook Yes. Shanghai had a big head start over other Chinese cities as a financial services center, but multiple cities (including Beijing) have gradually displaced (and are continuing to displace) Hong Kong role as a financial center.

[@motherlandbot6837]

@@no1xtz765 Thank you! Best wishes for the New Year and for the developing new world order!

[@andrewbritton8925]

Where is the Netherlands?

[@afunguynamedkawhi7959]

Hong Kong total GDP is about 380B so it's impossible they merchandise export is 580B. China real export is close to 4T.

[@AndrewManook]

Lol you are looking at nominal not real gdp, real gdp of HK is over 700b

[@whaddoiknow6519]

Does this include weapons?

[@Lalramkumhlunsitlhou25300]

What is venezuela rb

[@thecomment9489]

A country in South America.

[@davefranklyn7730]

@@thecomment9489 The Bolivarian Republic of Venezuela.

[@Comentarista202]

🚢

[@katokibugga]

No USSR?

[@michaelpatnaude]

The USSR ceased to exist in 1991.

[@katokibugga]

​@@michaelpatnaudeThe video starts with 1960