The Evolution of Global High-tech Products Trade Structure and Its Influencing Factors

Through a comprehensive study on the evolution of global high-tech products trade structure, we can find that under the new trade environment, the trade structure of high-tech products gradually changed from “europe-north America” to East Asia, the trade network structure has also changed from a single U. s.-led to a “multi-pattern” , and the influence and supply capacity of countries around the world have been increasing. But overall, the United States is still at the top of the trade structure of high-tech products, with absolute voice. Therefore, it is of great practical significance to discuss the evolution of global high-tech product trade structure and its influencing factors. Based on the global trade of high-tech products, this paper makes a detailed analysis of the evolution trend of trade structure, the influencing factors and the way to deal with it. Economic growth usually leads to an increase in the volume of exports, so the terms of trade of a country's income will always rise, other things being equal. Since economic growth also has an uncertain impact on the terms of trade, one of the components of the terms of trade, the final impact of economic growth on the terms of trade is also uncertain. Higher productivity increases the output of the given factors of production, which in turn increases the terms of trade of the factors.