Emerging Markets

Question 1

According to The Economist, what are the 24 emerging countries of the world?

Answer 1

Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hong Kong, Hungary, India, Indonesia, Malaysia, Mexico, Morocco, Peru, Philippines, Poland, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Taiwan

Question 2

How can one define an ‘emerging’ economy?

Answer 2

Emerging and developing economies are often transitional economies, shifting from closed economies to open market economies. Often, the transition involves structural or policy reforms such as currency or capital market changes.

Question 3

What are Brazil’s main exports?

Answer 3

Primary exports - commodities:

transport equipment, iron ore, soybeans, footwear, coffee, automobiles

Question 4

What are Brazil’s main imports?

Answer 4

Primary imports - commodities:

machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics

Question 5

What are Russia’s main exports?

Answer 5

Primary exports - commodities:

petroleum and petroleum products, natural gas, wood and wood products, metals, chemicals and a wide variety of civilian and military manufactures

Question 6

Who are Russia’s primary export partners?

Answer 6

Primary export partners:

Netherlands (11.2 percent of total exports), Italy (8.1 percent), Germany (8 percent), Turkey (6 percent), Ukraine (5.1 percent), Poland (4.5 percent), China (4.3 percent)

Question 7

What are Russia’s main imports?

Answer 7

Primary imports - commodities: vehicles, machinery and equipment, plastics, medicines, iron and steel, consumer goods, meat, fruits and nuts, semi finished metal products

Question 8

Who are Russia’s main import partners?

Answer 8

Primary import partners:

Germany (13.5 percent of total imports), China (13.2 percent), Japan (6.5 percent), Ukraine (6 percent), US (4.5 percent), Italy (4.3 percent)

Question 9

Who are Brazil’s primary import partners?

Answer 9

Primary import partners:

US (14.9 percent of total imports), China (11.6 percent), Argentina (7.9 percent), Germany (7 percent)

Question 10

Who are Brazil’s primary export partners?

Answer 10

Primary export partners:

US (14.4 percent of total exports), China (12.4 percent), Argentina (8.4 percent), Netherlands (5 percent), Germany (4.5 percent)

Question 11

What are India’s primary export products?

Answer 11

Primary exports - commodities:

petroleum products, textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures

Question 12

Who are India’s primary export partners?

Answer 12

Primary export partners:

US (12.3 percent of total exports), United Arab Emirates (9.4 percent), China (9.3 percent)

Question 13

What are India’s primary import products?

Answer 13

Primary imports - commodities:

crude oil, machinery, gems, fertilizer, chemicals

Question 14

Who are India’s primary import partners?

Answer 14

Primary import partners:

China (11.1 percent of total imports), Saudi Arabia (7.5 percent), US (6.6 percent), United Arab Emirates (5.1 percent), Iran (4.2 percent), Singapore (4.2 percent), Germany (4.2 percent)

Question 15

What are China’s primary exports?

Answer 15

Total value of exports:

US$1.194 trillion (2010 estimate)

Primary exports - commodities:

electrical and other machinery, including data processing equipment, apparel, textiles, iron and steel, optical and medical equipment

Question 16

Who are China’s primary export partners?

Answer 16

Primary export partners:

US (17.7 percent of total exports), Hong Kong (13.3 percent), Japan (8.1 percent), South Korea (5.2 percent), Germany (4.1 percent)

Question 17

What are China’s primary import products?

Answer 17

Total value of imports: $921.5 billion (2010 estimate)

Primary imports - commodities:

electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, plastics, organic chemicals

Question 18

Who are China’s primary import partners?

Answer 18

Primary import partners:

Japan (13.3 percent of total imports), South Korea (9.9 percent), US (7.2 percent), Germany (4.9 percent)

Question 19

What is South Africa’s primary export product?

Answer 19

Total value of exports: US$67.93 billion (2010 estimate)

Primary exports - commodities:

gold, diamonds, platinum, other metals and minerals, machinery and equipment

Question 20

Who is South Africa’s primary export partners?

Answer 20

Primary export partners:

Japan (11.1 percent of total exports), US (11.1 percent), Germany (8 percent), UK (6.8 percent), China (6 percent), Netherlands (5.2 percent)

Question 21

What are South Africa’s primary import products?

Answer 21

Total value of imports: $70.24 billion (2010 estimate)

Primary imports - commodities:

machinery and equipment, chemicals, petroleum products, scientific instruments, foodstuffs

Question 22

Who are South Africa’s main import partners?

Answer 22

Primary import partners:

Germany (11.2 percent of total imports), China (11.1 percent), US (7.9 percent), Saudi Arabia (6.2 percent), Japan (5.5 percent), UK (4 percent)