How to calculate export quota
Video: Export quota small country 2024, July
The export quota is an economic indicator that allows you to understand the importance of export for the economy of a particular state. There is an order in which this coefficient is calculated.
Instruction manual
1
Find out the country's export volume, that is, the value of all goods sold to other states. Usually this indicator is calculated for a year. You can choose the currency in which the calculations will be made. For example, if you compare the economic indicators of different countries, then the expression of numbers in dollars or in euros is suitable for you.
2
Specify the gross domestic product (GDP) of the state for which you are making calculations. This indicator reflects the total value of goods and services produced in the country. At the same time, material assets made in the country due to the capacities of multinational companies are also taken into account. In this ratio, it is not the national source of capital that is important, but the place where the goods were produced. GDP is calculated monthly and annually, after which it is published in various economic publications and on official websites of government agencies. For example, such information is regularly posted on the website of the Ministry of Economic Development - http://www.economy.gov.ru/minec/main. For calculations, you should use the total GDP for the year.
3
Calculate the export quota based on the figures obtained. Divide the export volume by the annual GDP, and then multiply the resulting number by 100. You will get the export quota, expressed as a percentage.
4
Use the resulting indicator for economic calculations. Keep in mind that the export quota demonstrates not so much the level of competitiveness of products manufactured by the state as the degree of its connection with the world market. Moreover, if the domestic market of the country is very developed, and the bulk of the production is consumed independently, the export quota will be low. For example, such a situation develops in the USA - the most developed economy in the world. Therefore, in a comprehensive economic analysis, use not one, but several economic indicators.
