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Profile by Continent

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Europe

  • The European Union is one of the world's economies with the greatest outward orientation. But in addition, it is the largest single market in the world.
  • More than 64% of the total trade of the EU countries is carried out with other EU countries.
  • The EU hosts only 6.9% of the world's population, but its trade with the rest of the world represents approximately 15.6% of world imports and exports
  • Europe is one of the three largest global players in international trade.
  • Europe is an industrial country par excellence. The countries of the European Union are among the most industrialized in the world.
  • Europe's primary economic activities are small in proportion to the industrial and service sectors but still very important, occupy about 5.2% (13 million) of the economically active population of the continent (240 million)
  • Secondary activities in Europe are among the most technologically advanced and largest in the world, they employ about 70 million workers (25.4% of the continent working force)
  • Europe is currently one of the most evolved continents in terms of civilization and industry. The European economy is one of the largest and most powerful in the world, due to the fact that many of its countries are constantly growing and have achieved a temporary equilibrium , which is why their inhabitants have improved their quality of life .
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Asia

  • Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. China, Japan, India, South Korea and Indonesia are currently the top five economies in Asia.
  • The population of the Asia-Pacific region is 4.2 billion, representing some 60% of the world's population.
  • Asia is the site of some of the world's longest modern economic booms, starting from the Japanese economic miracle(1950–1990), Miracle on the Han River (1961–1996) in South Korea, economic boom (1978–2013) in China and economic boom in India (1991–present).
  • The continent ccontains one of the world’s most economically developed country, Japan.
  • Asia is by a considerable margin the largest continent in the world and is rich in natural resources.
  • The manufacturing sector in Asia has traditionally been strongest in the East Asia region—particularly in China, Japan, South Korea, Singapore, and Taiwan.
  • Asia's top ten important financial centers are located in Hong Kong, Singapore, Tokyo, Shanghai, Beijing, Dubai, Shenzhen, Osaka, Seoul, Mumbai.
  • According to the World Bank, China and India are expected to become the world's largest economy between 2025 and 2040.
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America

 

  • The economy of the Americas comprises more than 953 million people in 35 different countries and 18 territories.
  • America GDP is almost 21 trillion (2013)
  • Although the United States has become the first industrial power in the modern world, America is still primarily a continent that produces raw materials and food products.
  • The countries of America are now participating in countless trade agreements, not necessarily between neighboring and with different levels of commitment and future projection. Asia-Pacific Economic Cooperation (APEC), United States Mexico Canada Agreement (USMACA), Caribbean Community (CARICOM) and Central American Free Trade Agreement (CAFTA).
  • The countries of America have intensified efforts to be integrated sub regionally in various instances such as UNASUR, Mercosur (Common Market of the South), the Andean Community of Nations (CAN), the Central American Integration System (SICA), the Bolivarian Alliance for the Peoples of Our America - Trade Treaty of the Peoples (ALBA) and the CARICOM (Caribbean Community).
  • The demographic and economic indicators of America, show that it is a developing continent, the demographic evolution is explained in terms of the stability of the populational, improvements in urban infrastructure, education and health.
  • In America there are some of the most industrialized countries in the world and their robust economies accompany their currencies and markets internationally, such as the United States, Canada, Brazil or Mexico.
  • The top 10 economies in America are: U.S, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Venezuela.

North America

  • The economy of North America is one of the largest in the world, its three constituent countries (Mexico, United States and Canada), have a high industrial and economic development, which place them among the 15 largest economies in the world.
  • The North American economy is characterized by a wide range of products and services, a strong use of technology and a generally specialized workforce.
  • In North America lives 7% of the world population. The amount of population has been determined by immigration originating higher and mainly from England, Spain and a smaller portion of France.
  • The second largest economy on the continent is Mexico, a newly industrialized country with accelerated industrial development.
  • At the 6-digit HS level, 4,534 products were exported to 232 countries and 4,549 products were imported from 231 countries.
  • North American Exports Consumer goods have a value of US $ 520,901 million, and a proportion of 26.49%.
  • The population of North America is 359,735,880 inhabitants.

South America

  • South America presents a gigantic economic diversity, which in turn engenders very different life models from one another and very different economic and social societies.
  • They stand out for their good performance in sales to the United States, countries such as Bolivia, Guatemala, Paraguay, Argentina and Chile. These last two, with Brazil, present solid and favorable balances in the sector.
  • Chile is the world's largest copper producer, but also lithiumand iodine, or Peru, the second world producer of silver. Brazil and Venezuela are also large mining producers.
  • The South American countries have been associated with each other through Mercosur, an initiative of united local markets, founded in 1991
  • The general characteristics of the industrial and productive composition of the exporting economies of South America are the extraction of natural resources, mainly the mining and petroleum industries, manufacturing and agriculture.
  • The tourism, gastronomy and floriculture are spread in South America secondary industries and industrialized manufacturing activities in the Southern Cone and especially in Brazil, the eighth economy in the world.
  • In terms of exports, the largest economies are Brazil with USD 242,000 million, Venezuela with USD 96,000 million, Argentina with USD 85,000 million, and Chile with USD 83,000 million.
  • In terms of imports, the economies with the most movements are USD 238,000 million Brazil, Chile with USD 70,000 million to USD 67,000 million Argentina and Venezuela with USD 56,000 million in 2012.
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Africa

  • Africa is the third largest continent in the world.
  • Africa has a total population of approximately 1291 million inhabitants divided among its 54 countries (year 2019).
  • The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent.
  • West Africa, East Africa, Central Africa and Southern Africa in particular, are expected to reach a combined GDP of $29 trillion by 2050.
  • The United Nations predicts that Africa's economic growth will reach 3.5% in 2018 and 3.7% in 2019.
  • The economies of the fastest growing African nations experienced significantly higher growth than the world average rates. The main nations in 2007 included Mauritania with a growth of 19.8%, Angola of 17.6%, Sudan of 9.6%, Mozambique of 7.9% and Malawi of 7.8
  • China and India are increasingly important business partners; 12.5% ​​of Africa's exports are to China and 4% to India, which accounts for 5% of China's imports and 8% of India's.
  • Africa has as its main import products the oil, automobiles, gold, wheat, medicines, telephones, boats, gas, and sugar (both cane and beet)
  • Africa is becoming a more educated workforce, and it is expected that almost half will have some secondary education by 2020. A class of consumers is also emerging in Africa and is expected to continue to boom.
  • Africa has around 90 million people with family incomes exceeding $ 5,000, which means that they can direct more than half of their income towards discretionary spending instead of needs. This number could reach the 128 million projected for 2020.
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Oceania

  • The continent of Oceania covers the territorial set of fourteen different countries, which are: Australia, New Zealand, the Federated States of Micronesia, Fiji, Kiribati, Nauru, the Marshall Islands, Palau, Papua New Guinea, Samoa, the Solomon Islands, Tonga, Tuvalu and Vanuatu.
  • The smallest continent in the world is Oceania, with just 9,008,458 km2 of surface, of which 27,760 km are coasts and 785,753 km2 belong to New Guinea, considered the second largest island on the planet.
  • The languages ​​of Oceania are diverse, but the most spoken are four: English, Tok Pisin, French and the Hindi.
  • Oceania has a total population of approximately 41 576 040
  • The states of Oceania are fully integrated into the UN, with Australia and New Zealand founding members of the organization. Of the units, six of them (Tokelau, French Polynesia, American Samoa, Pitcairn, New Caledonia and Guam) are included in the list of the UN Decolonization Committee.
  • Oceania has a predominantly agricultural economy. The climate is ideal for tropical crops. The main product of the islands is the copra, marrow of the coconut, also the cane of sugar, the coffee, the vanilla, the cereals, especially the wheat, fruit trees of humid climate, bananas and pineapple
  • Livestock has thrived in Australia and New Zealand. The first of these countries has the largest stock of sheep and is the main exporter of wool.
  • The economy of Australia is by far the largest and most dominant economy in the region and one of the largest in the world.
  • In Australia industrial activity has experienced a strong growth in the last decades, mainly the heavy industry and the chemical industry; for the most part, thanks to the important mining deposits.
  • Australia's per-capita GDP is higher than that of the UK, Canada, Germany, and France in terms of purchasing power parity.
  • New Zealand, the second richest nation on the continent, has a high level of industrialization (food, processing, metallurgy, steel, petrochemical, etc.). It also houses large reserves of oil, coal and natural gas.
  • New Zealand is also one of the most globalised economies and depends greatly on international trade.
  • Australia and New Zealand, along with other countries, are members of Asia-Pacific Economic Cooperation (APEC) and the East Asia Summit (EAS), which may become trade blocs in the future particularly EAS.