For this reason, GFD provides extensive data on international trade to its subscribers with some data going back to the 1700s. There are two main approaches to measuring trade, the balance of payments approach, which focuses on the payments that are made for international transactions, and the national accounts approach which measures the expenditures and income going to exports and imports. GFD provides extensive data on both these approaches.
Also included in the database is information on trade barriers, such as tariffs, which allow users to measure the liberalization and restrictions on trade in different countries and over time.
The International Trade Database can be combined with the other databases to provide a comprehensive understanding of the impact of international trade on economic and financial markets. Whether you want to study the growth of trade in the 1800s, the collapse of trade in the 1930s, or the current globalization of the economy, the International Trade Database provides the data you need for this analysis.
Summary of contents of International Trade Database