The gains in market share recorded by exporters from the South over the period 1995-2002 are all the more remarkable given the unfavourable sectoral structure of global import demand. The use of bilateral and sectoral data makes it possible to distinguish the trade performance which may be directly attributed to exporters and that which follows from the positions they have acquired in markets. During this period, the strong demand for transformed products has benefited the developed countries to the detriment of the South, especially for the least-performing countries. In the North, Japan’s exports have suffered from the general weakening of its economy, while the previous high level of the dollar reduced the competitiveness of American products.
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Article provided by CEPII research center in its journal La Lettre du CEPII.
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