Abstract
The emergence of global value chains entails that measuring the benefits of foreign trade cannot be limited to measuring trade flows nor their structure. The article aims atpresentingthe results of the time series cluster analysis of the share of the domestic value added of gross exports. It isbased ondata from the latest TiVA database (Trade in Value Added) from December 2018,covering the period 2005–2016. Four clusters of countries were identified. The cluster containing countries with the highest values of the national share of added value in exports included economies rich in natural resources (i.a., Saudi Arabia, Russia, South American countries), with a large internal market and involved in technologically advanced manufacturing processes/knowledge intensive services (including USA, Japan, Great Britain). A group with the lowest share of the domestic value added in exports (not exceeding 50%) contained small and open European economies of Luxembourg and Malta.
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