Global trade is currently in the middle of an exporters’ crisis. Countries whose GDP is dependent on exports find themselves with increased instability and insecurity as a result of stagnating demand. The countries most affected are those with exports accounting for a high percentage of GDP, consisting primarily of commodities, and relying on China as a top destination. Geopolitical Futures has identified and tracked how the exporters’ crisis has unfolded in what we consider the 16 most vulnerable countries.
China, Russia, Saudi Arabia and Germany all yield a high degree of geopolitical power in the world and are the four most important countries affected by the exporters’ crisis.
Five countries on the periphery gain more importance in the context of the exporters’ crisis. The fate of these countries could trigger new crises or exacerbate existing ones for nearby regional powers.
Vulnerable Pacific countries have been the most capable of staving off the