Trade Agreement Network Analysis Over Time

Trade Agreements Over Time

Two decades after 1948, international trade has not yet reached a high degree of crossover. Only a few countries have established international trade contact.

The trade signing pattern centered on the European Community begins to take shape.

From 1979 to 1988, the trade signing activity of Europe suddenly decreased. At the same time, except for CAN and other independent trade organizations, five independent trade relations were formed, including Australia-new Zealand, Israel-US, Panama-Dominican Republic, Spain Agreement-EFTA and Canada-US Free Trade Agreement.

With the establishment of WTO, it can be seen that the degree of world trade has reached an unprecedented level of activity in this decade. A large number of countries and organizations begin to have trade contacts, with the European Community (EU) as the center of the trade agreements once again. Meanwhile, Turkey and ETFA become active.

From the beginning of the 21st century, although the number of countries participating in trade signing begin to decrease, it can be seen that the pattern of international trade signing is starting to stabilize.

The EU-centric signing pattern remains unchanged, but there is also a gradual rise in prominence of some Asian nations.