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The Atlas of Economic Complexity maintains trade data in multiple international classification systems. This data set contains trade flows classified via Harmonized System (HS) 1992. HS data offers a contemporary and detailed classification of goods, but covers a relatively short time period: Categorizes approximately 5,000 goods Covers years from 1995–2021 Categories break down to 1-, 2-, 4-, or 6-digit detail levels (though country reporting can be less reliable at the 6-digit level) Raw data on trade in goods is provided by United Nations Statistical Division (COMTRADE). The data is then cleaned by Growth Lab researchers using the Bustos-Yildirim Method which uses bilateral trade flows to account for inconsistent reporting and provides more reliable accounting. In addition to trade in goods, the data additionally contains unilateral data on services trade provided by the International Monetary Fund (IMF) and acquired through the World Development Indicators (WDI) of The World Bank. For further information, see the data information page on the Atlas website.

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Imports of low carbon technology products comprise all low carbon technology products entering the national territory. A relatively high share of low carbon technology products imports indicates that an economy purchases a significant share of low carbon technology products from other economies. Exports of low carbon technology products comprise all low carbon technology products leaving the national territory. A relatively high share of low carbon technology products exports indicates that an economy produces and sells a significant share of low carbon technology products to other economies. An economy’s trade balance in low carbon technology products is the difference between its exports and imports of low carbon technology products.Comparative advantage is a measure of the relative advantage or disadvantage a particular economy has in a certain class of goods (in this case, low carbon technology products), and can be used to evaluate export potential in that class of goods. A value greater than one indicates a relative advantage in low carbon technology products, while a value of less than one indicates a relative disadvantage.Sources: Department of Economic and Social Affairs/United Nations. 2022. United Nations Comtrade database. https://comtrade.un.org. International Monetary Fund (IMF) Direction of Trade Statistics (DOTS). https://data.imf.org/dot. World Economic Outlook (WEO) Database. https://www.imf.org/en/Publications/WEO/weo-database/2022/April. IMF staff calculations.Category: Mitigation,Transition to a Low-Carbon EconomyData series: Comparative advantage in low carbon technology productsExports of low carbon technology productsExports of low carbon technology products as percent of GDPExports of low carbon technology products as share of total exportsImports of low carbon technology productsImports of low carbon technology products as percent of GDPImports of low carbon technology products as share of total importsTotal trade in low carbon technology productsTotal trade in low carbon technology products as percent of GDPTrade balance in low carbon technology productsTrade balance in low carbon technology products as percent of GDPMetadata:Sources: Trade data from UN Comtrade Database (https://comtrade.un.org/). Harmonized Commodity Description and Coding System (HS) 2017. Trade aggregates from IMF Direction of Trade Statistics (DOTS) (data.imf.org/dot). GDP data from World Economic Outlook.Methodology:Low carbon technology products are estimated by aggregating HS 6-digit commodities identified as low carbon technology products based on Pigato, Miria A., Simon J. Black, Damien Dussaux, Zhimin Mao, Miles McKenna, Ryan Rafaty, and Simon Touboul. 2020. Technology Transfer and Innovation for Low-Carbon Development. International Development in Focus. Washington, DC: World Bank, and IMF research. Trade balance in low carbon technology products is calculated as low carbon technology products exports less low carbon technology products imports. A positive trade balance means an economy has a surplus in low carbon technology products, while a negative trade balance means an economy has a deficit in low carbon technology products.Total goods are estimated by aggregating all commodities. Comparative advantage is calculated as the proportion of an economy’s exports that are low carbon technology products to the proportion of global exports that are low carbon technology products. Total trade in low carbon technology products is calculated as the sum of low carbon technology products exports and low carbon technology products imports. National-accounts basis GDP at current prices from the World Economic Outlook is used to calculate the percent of GDP. This measure provides an indication of an economy’s involvement (openness) to trade in low carbon technology products, which is important for understanding how these technologies can be transferred between economies.Methodology Attachment Low Carbon Technology Harmonized System Codes

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WITS is a trade software tool giving access to bilateral trade between countries based on various product classifications, product details, years, and trade flows. It also contains tariff and non-tariff measures data, as well as analysis tool to calculate effects of tariff reductions. In addition, users have access to many visualization tools. - Periodicity: Quarter - Number of Economies: 219 - Trade imports, exports, re-imports, re-exports, gross exports, gross imports, MFN tariff rates, bound tariff raters, preferential tariffs. Non-Tariff Measure data with new UNCTAD classification now available. - Update Frequency: Quarterly - Access Option: API, Bulk download, Query tool

Category: Mitigation,Transition to a Low-Carbon Economy Data series: Imports of low carbon technology productsImports of low carbon technology products as share of total importsExports of low carbon technology productsExports of low carbon technology products as share of total exportsTotal trade in low carbon technology productsTrade balance in low carbon technology products Sources: Department of Economic and Social Affairs/United Nations. 2025. United Nations Comtrade database https://comtrade.un.org; International Monetary Fund (IMF) Direction of Trade Statistics (DOTS) https://data.imf.org/en/datasets/IMF.STA:IMTS; World Economic Outlook (WEO) Database https://www.imf.org/en/Publications/WEO/Issues/2025/10/14/world-economic-outlook-october-2025; IMF staff calculations. Metadata:Trade data from UN Comtrade Database (https://comtrade.un.org/). Harmonized Commodity Description and Coding System (HS) 2017. Trade aggregates from IMF Direction of Trade Statistics (DOTS) (data.imf.org/dot). GDP data from World Economic Outlook. Methodology:Bilateral trade in low carbon technology products are estimated by aggregating, by partner country, HS 6-digit commodities identified as low carbon technology products based on Pigato, Miria A., Simon J. Black, Damien Dussaux, Zhimin Mao, Miles McKenna, Ryan Rafaty, and Simon Touboul. 2020. Technology Transfer and Innovation for Low-Carbon Development. International Development in Focus. Washington, DC: World Bank, and IMF research. Total goods exports and imports by partner country are estimated by aggregating all commodities. Bilateral trade balances in low carbon technology products are calculated as low carbon technology products exports to a given partner country less low carbon technology products imports from a given partner country. A positive trade balance means an economy has a surplus in low carbon technology products with a given partner country, while a negative trade balance means an economy has a deficit in low carbon technology products with a given partner country. Total trade in low carbon technology products by partner country is calculated as the sum of low carbon technology products exports to a given country and low carbon technology products imports from a given country. Methodology Attachment Low Carbon Technology Harmonized System Codes

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Singapore was the leading country in the Globalization Index 2024 in the field of economic globalization. The 2024 edition of the index uses data from the year 2022. Belgium and the Netherlands followed in the places behind. The era of globalization The beginning of the current era of increasing economic globalization was signaled by the creation of the Bretton Woods institutions toward the end of the Second World War. These institutions acted as the foundation for the International Monetary Fund, World Bank and World Trade Organization. The institutions, and their modern equivalents, sought to reduce the barriers on international trade in goods, services and capital markets. In the decades following their inception international trade has skyrocketed to become a cornerstone of the international economy, as demonstrated by trends in global export volume of trade in goods from 1950. Economic globalization Countries that are perceived as more economically globalized are those with low tariffs on imports, more free-trade agreements, regulation that accommodates foreign investment and lower non-tariff barriers to trade such as safety regulations on imports. However, economic globalization fails to capture the entire picture in regards to globalization processes and their impact on countries. As such, analysts have placed attention on the social and political effects on globalization as seen in the index for social globalization and index for political organization. To see the combined results of the multiple globalization indexes see the Top 100 countries in the Globalization Index.

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