Home > Teaching visuals, Trade > Observatory of Economic Complexity (OEC) – great graphics on global trade

Observatory of Economic Complexity (OEC) – great graphics on global trade

October 9, 2017 Leave a comment Go to comments

I picked up the OEC site from Michael Cameron’s blog ‘Sex, Drugs and Economics’. The Observatory of Economic Complexity is a tool that allows users to quickly compose a visual narrative about countries and the products they exchange. It was Alexander Simoes’ Master Thesis in Media Arts and Sciences at the MIT Media Lab. The project was conducted at The MIT Media Lab Macro Connections group. Alex’s Advisor was César A. Hidalgo, principal investigator of Macro Connections. Since its creation in 2010, the development of The Observatory of Economic Complexity has been supported by The MIT Media Lab consortia for undirected research.

The graphics on each country and products are superb and include:

  • Exports
  • Imports
  • Trade Balance
  • Destinations

It also includes Economic Complexity Index which measures the knowledge intensity of an economy by considering the knowledge intensity of the products it exports. Below are some images on New Zealand trade.

New Zealand Exports – 2015

NZ Exports 2015.png

New Zealand Imports – 2015

NZ Imports 2015

Categories: Teaching visuals, Trade
  1. John Bullock
    October 10, 2017 at 2:05 am
    Reply

    Thanks Mark, always enjoy reading your blogs, lots to learn and share with others such as a link to the OEC.

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