View source for Merchandise trade import RED

{{IndicatorForm
|datatype=Numeric
|scale=Metric
|scale=Metric
|scale=Metric
|valuelabels=Not applicable
|techname=econrel_trade_relat_imp_percent_RED
|category=Economic relations
|label=Relational Trade Import Importance
|relatedindicators=
|description=The Relational Export Dataset “RED” provides comparable dyadic trade data between nation-states for the period 1870 - present. Trade linkages are an explanatory variable for governmental policy diffusion. RED is a temporally consistent dataset on interstate linkages for the largest possible sample of countries, which combines trade data from UN Comtrade, UNCTAD, and the Correlates of War Project. Unlike most databases, the data here does not represent absolute monetary trade volumes in a given currency. Rather, the data depicts the ratio of trade flows between two countries and the total import of the specific importing country. Hence, we measure trade in relational terms weighted by the respective importance of trading partners for one another. These relations are estimated from an import-oriented point of view.
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|citation=
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|projectmanagers=Michael Lischka & Fabian Besche-Truthe
|datarelease=
|revisions=
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}}