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COMCEC Trade Outlook 2019

26

followed by pearls, precious stones

16

(9 per cent), electrical machinery (9 per cent), and

machinery and mechanical appliances (6 per cent).

Figure 30: Evolution of the shares of sectors in Intra-exports

Source: ITC Trade map

Figure 31 illustrates the contribution of sectors to the change in intra-OIC exports. Compared to

the year 2017, in-intra OIC exports decreased in all sectors (exports of electrical machinery,

natural or cultured pearls, precious stone, machinery and mechanical appliances and tobacco)

between -2.86 to 5.07 per cent in 2018.

Contribution of mineral fuels to the change in intra exports varies mainly depending on the oil

prices. The decreases in intra-exports of two sectors (pearls and precious stones and vehicles)

were substantial and went to -2.86 and -0.02 respectively.

Figure 31: Contribution of Sectors to the Change in Intra OIC Exports

Source: ITC Trade map

16

Composed of mainly (HS6 product code 7108) Gold, incl. gold plated with platinum, unwrought or not further worked

than semi-manufactured and (7113) Articles of jewellery and parts thereof, of precious metal or of metal clad with precious

metal

.

0

2

4

6

8

10

12

14

16

Mineral fuels,

mineral oils

etc.

Pearls,

precious or

semi-precious

stones etc.

Plastics and

articles

thereof

Machinery,

mechanical

appliances

etc.

Electrical

machinery

and

equipment

etc.

Animal or

vegetable fats

and oils etc.

Vehicles other

than railway

or tramway

rolling stock

etc.

Iron and steel Articles of

iron or steel

Aluminium

and articles

thereof

per cent

2016 2017 2018

-30

-20

-10

0

10

20

30

-40

-30

-20

-10

0

10

20

30

40

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

per cent

Mineral fuels

Natural pearls…

Electrical machnery

Machinery

Plastics and articles thereof

Vehicles

Others

Intra-OIC Exports (Second Axis)