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Net Exports as a Percentage of GDP Over Time

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4 comments on Net Exports as a Percentage of GDP Over Time

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The Tweet makes the claim by adding up real exports and real imports and divides the total by real GDP. I created a chart in Fred.

(Real Exports + Real Imports) / Real GDP

I confirm the numbers but the idea seems silly. Why?

Exports add to GDP while imports subtract from GDP.

(Real Exports – Real Imports) / Real GDP

(Real Exports – Real Imports) / Real GDP Details

The chart shows NET exports as a percentage of GDP.

Mike “Mish” Shedlock

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Mike Shedlock

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4 Comments
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lol
lol
8 years ago

gdp growth (lol) driven by trifecta of a trillion plus in student loans,CC,auto’s,multi trillions in gov’t borrowing/printing

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abend237-04
abend237-04
8 years ago

The ratio of our total foreign trade to our total domestic economic activity. Carried to a logical extreme, we’ll all be sitting on our butts in another three generations exchanging IOUs for foreign goods and services, mostly Chinese and Indian..

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DrEE
DrEE
8 years ago

More clearly, how has the ratio of exports to GDP varied over time?

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DrEE
DrEE
8 years ago

What’s the relation of exports to GDP?

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