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Author Topic: Is the export of goods related to manufacturing capabilities or resources?  (Read 206 times)
Spaceman1000$
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January 20, 2024, 01:31:48 PM
 #21

150 years of exporting between countries began in 1870, when the beginnings of exporting from the United Kingdom began in the 1800s, and from that time countries such as the United Kingdom, the United States, Germany, China, and Japan topped the lists of exporting countries. Is export capacity related to manufacturing capabilities or to resources available in those countries?


Exportation is not only about the fact that if the country exporting has resources, it could as well be as a result of the fact that the country exporting is a major sea route to other continent, there are countries that are landlocked and don't have sea route to export the goods they produce or they are not even close to the Mediterranean sea, so most times those countries that have a sea routes serve as export terminals for other countries to bring in their goods so they can help export them overseas. Also your exporting capability can also depend on your productivity, China for example are very good producers of electronics and most of these electronics come through the sea route, especially through cargo shipping and destination could be Africa, American and a whole lot's of others countries.

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January 20, 2024, 02:32:17 PM
 #22

I think the country's ability to export a lot of stuff depends on how well it can make things and what resources it has. But it's not just about manufacturing because a country should also work on economic policies, trade deals, and global politics.

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January 21, 2024, 08:30:33 PM
 #23

Is export capacity related to manufacturing capabilities or to resources available in those countries?
Yes of course. Your country's resources, machineries and other goods can be exported to other countries that needs it. How do you export manufacturing goods and resources if your country doesn't have it? Based on my observation quality of products and it's prices are some factors affecting export capacity in a specific country.
I think he was only asking about the export capacity and I'm sure he already knows that one country can be able to export to the other. Also he is referring to the goods only. When we say goods, the first thing that can come to our mind are the food. It's because this is the primary need of the humans, and the rest are only just an addition.

@Husires, I think your question has an obvious answer but it's weird on why you still ask it xd. Definitely if our manufacturing capability or resources is only limited or not that good in quality, the goods that we are going to export to some countries will also be affected. We may only export limited amounts.

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January 24, 2024, 11:20:50 AM
 #24

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150 years of exporting between countries began in 1870, when the beginnings of exporting from the United Kingdom began in the 1800s, and from that time countries such as the United Kingdom, the United States, Germany, China, and Japan topped the lists of exporting countries. Is export capacity related to manufacturing capabilities or to resources available in those countries?

What natural resources does Japan have? The only resource Japan has is a hard working and well educated working class.
The United Kingdom also doesn't have many natural resources, but it exploited the natural resources of many colonies around the world.
The USA and China have lots of natural resources in their lands, but they also have to import lots of resources.
In summary, the export capability is determined by manufacturing efficiency and the access to cheap resources(labor can be also viewed as a resource).

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January 24, 2024, 11:59:41 AM
 #25

I think that exporting is more profitable to manufacturing countries, because the manufacturing countries are more well-off than their resources countries that export raw materials to them. Many developed countries rely on developing countries to get their raw materials, they'll only pay for the units of the raw materials collected and after production with resources from other areas they export as finished products to different countries, and the irony of it is that they'll even export the finished products to these underdeveloped countries. This is why countries like China, are big industrialized nations, they probably use most of their natural resources for production, they have a cheaper workforce and so they sale at cheaper price to other Nations, becoming richer in the process. It doesn't really matter where natural resources comes from, if they can not convert it to finished products, then they're enriching the industrialized nations that'll buy their resources produce it to finished product and resale it to them.

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January 24, 2024, 12:35:28 PM
 #26

Is export capacity related to manufacturing capabilities or to resources available in those countries?
Export capacity will depend on the two factors, some countries have the resources and the raw goods, but they do not have the infrastructure to refine them and turn it into finished products, thus they export only these raw materials to countries that are well developed and capable of refining it and turning it into finished products.

Having said that, a country's export capacity would be greater if they have the natural resources, can also manufacture products and turn raw material into finished goods, thus their export capacity would continue to grow as they would be producing/manufacturing at a faster pace.

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January 24, 2024, 12:59:11 PM
 #27

Of course it's connected!
But there are nuances...
1. The presence of resources alone cannot be considered an indicator of a stable and efficient economy. The world knows a lot of examples when a country has resources, but the lack of reasonable and quality management, do not give even minimal advantages. Such countries are called raw material appendages. For example, Russia.
2. There are countries that have resources, and most importantly - the technology to turn them into a ready demanded commodity with a LARGE ADDED VALUE. And this creates a strong and progressive economy. For example USA, Germany,...
3. there are countries that do not have resources but have technologies and industries that allow them to turn resources into goods with high added value. For example, Singapore, Japan,...
4. There are countries that have resources and investments that allowed them to build a productive sector. They can both produce goods themselves and on the basis of contract manufacturing for third-party customers. For example, China, Taiwan.

And they all provide the working cycle of the world economy, they all participate, but their efficiency is different.

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January 24, 2024, 01:03:37 PM
 #28

What natural resources does Japan have? The only resource Japan has is a hard working and well educated working class.
The United Kingdom also doesn't have many natural resources, but it exploited the natural resources of many colonies around the world.

Add this to the list:
https://www.washingtonpost.com/business/interactive/2022/netherlands-agriculture-technology/
The second agricultural exporter in the world is a country with nearly 1% of the population of India and 2/3 the size of Sri Lanka! Or to make it funnier their agricultural exports are bigger than the entire! GDP of Kenya!  Cheesy

As for resources, some forget that the first industrial revolution started by the time the USA didn't even exist at that point, the Ottoman empire still was in control of North Africa and it was about 100 years before Livingstone was the first European to see the Victoria falls and the British Empire didn't had one settler in Australia.






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January 24, 2024, 05:45:04 PM
 #29

150 years of exporting between countries began in 1870, when the beginnings of exporting from the United Kingdom began in the 1800s, and from that time countries such as the United Kingdom, the United States, Germany, China, and Japan topped the lists of exporting countries. Is export capacity related to manufacturing capabilities or to resources available in those countries?

It depends on the country you are talking about. You see the countries that top the list of exportation all had nothing but were smart enough to exchange what they didn't have in their countries in the 1800s and today, they have the capacity to have manufacturing structures and also have available resources. If you remember, it was when slavery ended in around the 1850s that exportation increased between these countries and the era of industrialization increased in these modern countries.

Check the countries that have the resources today, they still don't have the manufacturing capabilities especially African countries where these resources are in aboundant. It is painful but you can't fault nature for not making some people to think ahead of others, isn't it funny that a country has crude oil but doesn't have a refinery? not a single one but they have these resources that are been export to where there is manufacturing structures and then they sell back the products to the same place where these resources are in abundant.

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January 25, 2024, 09:15:31 AM
 #30

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150 years of exporting between countries began in 1870, when the beginnings of exporting from the United Kingdom began in the 1800s, and from that time countries such as the United Kingdom, the United States, Germany, China, and Japan topped the lists of exporting countries. Is export capacity related to manufacturing capabilities or to resources available in those countries?

What natural resources does Japan have? The only resource Japan has is a hard working and well educated working class.
The United Kingdom also doesn't have many natural resources, but it exploited the natural resources of many colonies around the world.
The USA and China have lots of natural resources in their lands, but they also have to import lots of resources.
In summary, the export capability is determined by manufacturing efficiency and the access to cheap resources(labor can be also viewed as a resource).
I would guess that "import/export" is just the topic, making money is not just based on this topic though, you could always look at Saudi Arabia and how they are making money with just oil, but if you remove oil, they do make money too. From simple obvious things like tourism, to financial companies to software to many other stuff, you do not have to send any products to any nation and still make a lot money.

Another great example would be Singapore, people go there all the time, and it is getting to become one of the most famous financial capitals in the world. So all in all, I would say that it should be something that we should target to make it better and we could potentially get a lot better with time, we just need to do a lot more with digital income.

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January 25, 2024, 11:14:36 AM
 #31

I would guess that "import/export" is just the topic, making money is not just based on this topic though, you could always look at Saudi Arabia and how they are making money with just oil, but if you remove oil, they do make money too. From simple obvious things like tourism, to financial companies to software to many other stuff, you do not have to send any products to any nation and still make a lot money.

Oil revenues make 40% of Saudi Arabia GDP but it counts as 75% of their fiscal revenue,  it's like having a $100, you cut oil you got $25, you cut ALL the rest you still have $75 to spend on your citizens. How long do you think it will be till Saudi Arabia turns into Venezuela?

Another great example would be Singapore, people go there all the time, and it is getting to become one of the most famous financial capitals in the world.

Singapore exports $77 billions of circuits and conductors a year while getting $14 billion from tourism!  Wink
If you think tourism alone can sustain a country, that's not the case even for a city, Venice for example gets only 10% of it's income from tourism, and that's a city you can't really rival when it compares to the population ratio and it's fame!


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January 25, 2024, 11:28:19 AM
 #32

Hm, the op's asking a pretty tough question. I think the two (manufacturing capabilities and resources) are related, but that it also depends on the type of export. They're related about without resources, you're unlikely to be able to build factories and other infrastructure to manufacture certain things. Also, by manufacturing a lot, both for trade and domestic use, you can get more resources for your economy.
But that also depends on a type of exports and situation. China, clearly, in an example of manufacturing capabilities. But it's harder with the UK earlier. Their main exports were cotton and woollen goods, iron and steel. Let's also not forget about opium. I'm not sure if I'd call all of it manufacturing. Cotton is something you grow, but clothes are manufactured. Opium was also grown, but in the colonies.
I'd say that with the UK, it was imperial resources first, manufacturing second.

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