Exports as a Percentage of GDP, Hither and Yon

By Paul Kedrosky · Sunday, June 28, 2009 ·

In an otherwise only semi-interesting WSJ piece about Germany's struggle in reviving its export-led economy -- exports have tumbled, German consumers don't consume, and Germany hasn't engineered anything truly new since the 1960s -- there is this useful chart. It really drives home how, at least until recently, the U.S. had one of the most precious commodities in the world: Buyers.