Is the export of goods related to manufacturing capabilities or resources? - page 2.

bluebit25

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Quote from: Husires on January 19, 2024, 07:56:11 AM

150 years of exporting between countries began in 1870, when the beginnings of exporting from the United Kingdom began in the 1800s, and from that time countries such as the United Kingdom, the United States, Germany, China, and Japan topped the lists of exporting countries. Is export capacity related to manufacturing capabilities or to resources available in those countries?

Yes, but "manufacturing capabilities or to resources" includes what factors are associated with them, I see them including accompanying intelligence. As some examples of countries that do not have internal resources for those things, instead they have previously accumulated financial potential and constraints on the territory to build companies and corporations, factories outside the country, and can utilize labor resources, and also impose legal issues to purchase resources. Control within their scope keeps them at the forefront of export capabilities, but at a certain threshold the balance leads to the elimination of domination by weaker countries and they become autonomous, and with that conflicts of interest so that some external influences shape armed conflict perspectives, in general this is an issue that includes many different and complex things.

MainIbem

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In most country that export goods to other country this simply shows that there is a strong producing capacity in that country and for that it increase their gdp as well as boosting their economy because any country that records most in their import power having little production and export so they will low economic turned down. Just take my country Nigeria as a case study, Nigeria has been the consuming nation for long, they don't export much products to other countries including their neighboring country such as Ghana, Niger, Guinea, Cameroon and Chad causing our currency to depreciate in value.

That is why we see some of the country currencies are taking over the next, USD/NGN because of the low export ratio and if Nigerian production his higher than what we export from other country you would see surpass in NGN/USD or any other currencies. So export of good is related to manufacturing capabilities and resources.

kentrolla

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Quote from: franky1 on January 19, 2024, 08:53:25 AM

its related mainly to COST of resources

if america has to import rare minerals and then use US labour cost to build products.. the costs are #x more then other countries
if china domestically has rare minerals and then use chinese labour cost to build products.. the costs are #x less then other countries

this then makes china the more popular source of finished goods because even if adding on shipping costs. its still cheaper then gathering rare minerals and adding labour to manufacture at the destination country demanding the product

Yes cost of labour and operation plays a key role in terms of finished goods, Chine has perfectly utilized this for their benefit and thus it has become a manufacturing factory for the world, I mean if we have to look around our house and see the products we use on daily basis most of them would be manufactured in China, but we cannot replicate the same sort of labour and production in our countries, I have a classic example wherein there are some raw material which are grown in our native but still the finished good of that product is imported from China due to the cost of labor and processing.

Lately Bangladesh has been emerging as hub for textile industry due to it's low labour cost.

Captain Corporate

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Not all resources are needed in all places, some of them are needed in some other places, so its not an easy decision. Like for example, for many decades, even over a century, people talk about how Europe has colonized and hurt African nations, which is true, what Europe did was horrible, from slavery to pillaging to many other atrocities that is without a doubt correct. However, before Europe went there, not that many resources were used neither. Imagine living in a land where there are a lot of oil, you could take it out and become rich, but you are not, so someone else comes and takes it from you, while what they did was wrong, it also didn't make you poorer, you weren't taking it out neither. So resources depends on the one who uses it, and not always the same for every nation.

jossiel

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The availability of the resources, materials and services from the countries that does export is really have the edge on this world. We see it from cars, smartphones, devices, in the health care and more.

I think that being capable of producing those things is related and proportionate to each other having the resources. As where the resources are, the government is capable to export and sees the opportunity within and that's where the manufacturing comes from.

If they know that they're capable of doing it, they'll have to do it before any other countries sees that opportunity that's already inside of them.

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Quote from: Husires on January 19, 2024, 07:56:11 AM

150 years of exporting between countries began in 1870, when the beginnings of exporting from the United Kingdom began in the 1800s, and from that time countries such as the United Kingdom, the United States, Germany, China, and Japan topped the lists of exporting countries. Is export capacity related to manufacturing capabilities or to resources available in those countries?

Based on observation and personal experience the export capacity of every country depends on the ability to manufacture. Most of the exporting countries import raw materials from other nations. An example is what we see in Africa. The continent has been a supplier of raw materials because it cannot refine these natural resources.

Nigeria is the world's seventh largest exporter of crude oil but with no single working refinery. Burkina Faso is the fourth-highest producer of gold in Africa but the first gold refinery was built just last year. Niger produces 5% of the world's Uranium supply but it doesn't refine any quality to finished products all of them are exported to other countries.

Many exporting countries like China, EU nations, etc don't have these mineral deposits but they have the technological and skilled human resources to convert these raw materials to finished goods. But a country will be a super exporting nation when it has deposits of natural resources and the ability to refine them.

jrrsparkles

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Exporting goods to countries differs based on various factors and one thing I would say is current relationship between the leaders of exporting and importing plays major role in it, obviously the availability of resources is the primary because we can export something that isn't available. Also the manufacturing capabilities which shows why China tops the exporting list because it's known as the manufacturing hub of the world.

Solosanz

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Quote from: Husires on January 19, 2024, 10:04:43 AM

Quote from: franky1 on January 19, 2024, 08:53:25 AM

its related mainly to COST of resources

So resources + cheap labor? There are many countries that have resources, whether rare earth minerals or raw products and cheap workers, yet they are far from being leaders in exports, such as India, Afghanistan, South Korea, Morocco, Brazil. All of these countries have not achieved a quarter of the success of China or Japan despite Japan's lack of resources or cheap labor.

The government can monopolize their own resources, which mean they choose to hold instead of use it.

Cheap labor isn't always a good labor, many cheap labor didn't give a same contribution like the well paid labor, this could be due to intelligence, not capable, lack of infrastructure, culture and other thing.

Moreover not all countries are free from corruptions https://www.transparency.org/en/cpi/2022

Husires

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Quote from: EluguHcman on January 19, 2024, 08:39:20 AM

Exportation could be a caused of services in need by other countries which they are either not sufficient having or they apparently lacks such services in need in their country.

This type of export is understandable, as there are countries that export oil, such as Russia and the Gulf countries, and some of them export agricultural and animal products, and they were not mentioned in the list because we are talking about manufacturing or industrial exports.

Quote from: franky1 on January 19, 2024, 08:53:25 AM

its related mainly to COST of resources

So resources + cheap labor? There are many countries that have resources, whether rare earth minerals or raw products and cheap workers, yet they are far from being leaders in exports, such as India, Afghanistan, South Korea, Morocco, Brazil. All of these countries have not achieved a quarter of the success of China or Japan despite Japan's lack of resources or cheap labor.

franky1

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its related mainly to COST of resources

if america has to import rare minerals and then use US labour cost to build products.. the costs are #x more then other countries
if china domestically has rare minerals and then use chinese labour cost to build products.. the costs are #x less then other countries

this then makes china the more popular source of finished goods because even if adding on shipping costs. its still cheaper then gathering rare minerals and adding labour to manufacture at the destination country demanding the product

EluguHcman

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Quote from: Husires on January 19, 2024, 07:56:11 AM

Is export capacity related to manufacturing capabilities or to resources available in those countries?

Exportation could be a caused of services in need by other countries which they are either not sufficient having or they apparently lacks such services in need in their country.
However, you don't demand for what you have or what more demands of what you are contented about. Contrarily some countries indeed exports their goods to other countries either for service exchanges or for trading affairs with the fact of having more than the rate that could sustain their citizens and you could only export depending on your resources or services capacities.

Husires

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150 years of exporting between countries began in 1870, when the beginnings of exporting from the United Kingdom began in the 1800s, and from that time countries such as the United Kingdom, the United States, Germany, China, and Japan topped the lists of exporting countries. Is export capacity related to manufacturing capabilities or to resources available in those countries?

Topic: Is the export of goods related to manufacturing capabilities or resources? - page 2. (Read 204 times)