| This is the EU-25 share of
the world market for top-range manufactured goods (intra-EU excluded). The
United-States and Japan hold 15% each. This European achievement in high-quality
products is particularly definite for Consumer Goods, which Europe holds
39% of the world market. And this is a persistent characteristic: for ten
years now, the EU market share for top-quality exports resisted competition
from the South, contrarily to what can be observed for the US or Japan.
During the same period, China gained only 1 point on the market of top-quality
goods, compared to 11 on the market of low-range goods.
This analysis is possible thanks to BACI, the new CEPII desegregated
database of international trade. BACI provides values, quantities and
unit values (values divided by quantities) consistent for bilateral trade
of 200 countries, for 5000 products, starting in 1965. To have the unit
value for each product traded between two countries gives the opportunity
to classify bilateral trade in three market varieties. (up, medium, down)
in reference to the world unit value.
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