Med countries' trade in goods with non-Med countries over the last decade
Our data analysis of the past decade shows that non-Med imports have remained consistently greater than non-Med exports. As expected, imports and exports dropped in 2020, but since then, they have recovered and surpassed pre-pandemic levels. In the last two years, imports have increased at a faster rate than exports.
Note: Analysis produced by Alma Economics based on 2022 data from the UN Comtrade database. Values are shown in 2022 US$, in billions. Due to incomplete data for 2023, we focus our analysis on 2022. Algeria, Libya and Syria are excluded from this analysis as there is a lack of available data.