The Observatory of Economic Complexity – useful for business?

If you’re in business and looking for a market for your products, here’s a quick example of how the Observatory of Economic Complexity might be useful:

Switzerland is well known for its high quality time pieces, so it’s no great surprise to see it’s a major exporter of watches

Exports of watches in 2010

Switzerland’s export market for watches in 2010 was worth $9.4bn

What’s probably less well known is what it’s also a significant importer of:

That’s $370m in watch straps, $290m in cases and parts, and $340m in other clock and watch parts. Total = $1bn

The Observatory of Economic Complexity is a tool that allows users to quickly compose a visual narrative about countries and the products they exchange.

About markbraggins

I’m interested in lots of things, in no particular order: society, politics, public services, open data, technology (and what you can do with it), wildlife, photography, the countryside, and long distance walking.
This entry was posted in Data Visualisation, Local Information System, Protohub, Technology and tagged , . Bookmark the permalink.

Leave a Reply