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A)

Exports as % of GDP Imports as % of GDP


2011 30,46% 29,65%
2012 29,72% 31,18%
2013 30,80% 33,18%
2014 31,18% 32,91%
2015 30,72% 31,73%

Exports and Imports as % of GDP from 2011 to 2015


34.00%

33.00%

32.00%

31.00%

30.00%

29.00%

28.00%

27.00%
2011 2012 2013 2014 2015

Exports as % of GDP Imports as % of GDP

World Bank national accounts data and OECD National Accounts data files

B) Exports as a percentage of GDP saw a decline in 2012, however they increased in 2013 and
have remained fairly constant right through to 2015. Imports as a percentage of GDP have
seen a rapid increase from 2011 to 2014, however more recently in 2014 have started to
decrease. The gap between these lines represents the trade deficit and the gap has been
widening.

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