FACTOID # 7: Americans are 15% more innovative than the Japanese. But in percentage terms, the Japanese grant 3.5 times more patents.
 
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Correlations > Economy Statistics > World Trade > Exports > Machine-tools remove material

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Showing latest available data.

Correlations between Economy > World Trade > Exports > Machine-tools remove material ...

Variable Strength
...and  Agriculture > Grains > Corn production 95% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Metal machine tool parts 89% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Printing industry machinery 81% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Metalworking machine nes 78% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Material machine tools without mtl-removal 78% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Special industrial machines nes 75% [plot | correlate | graph]
...and  Education > Spending on teaching materials 74% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Textile leather machinery 74% [plot | correlate | graph]
...and  Energy > Oil imports > Net 73% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Non-electrical machines nes 71% [plot | correlate | graph]
...and  Energy > Coal Production > Million tonnes oil equivalent > Share of total 69% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Watches and clocks 68% [plot | correlate | graph]
...and  Energy > Coal Production > Million tonnes > Share of total 67% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Perfume toilet cosmetics 65% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Special transactions nes 65% [plot | correlate | graph]
...and  Energy > Coal Production > Million tonnes oil equivalent 64% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Natural abrasives nes 64% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Hand machine tools 64% [plot | correlate | graph]
...and  Energy > Coal production in 1981 63% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Pharmaceuticals excl medicaments 63% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Pumps for liquids 62% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Mech transmission equipment 62% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Art collections antiques 62% [plot | correlate | graph]
...and  Energy > Coal Production > Million tonnes 62% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Mineral manufactures nes 61% [plot | correlate | graph]
...and  Agriculture > Yield > Total Coarse Grain 61% [plot | correlate | graph]
...and  Industry > Car production 61% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Knit crochet fabrics 60% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Other inorganic chemical 60% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Non-electrical parts accessories machines 60% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Special transactions nes 60% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Steam vapour turbines 60% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Silver platinum etc 59% [plot | correlate | graph]
...and  Environment > Municipal waste treatment expenditure 59% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Cutlery 59% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Plastic tube pipe hose 59% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Nails screws nuts bolts 58% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Optical fibres 56% [plot | correlate | graph]
...and  Agriculture > Production > Corn 56% [plot | correlate | graph]
...and  Economy > Trade with US > US exports of precious metals, other 54% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Baby care toys games sport 54% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Tulle lace embr trim etc 54% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Organo-inorganic compounds 54% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Materials of rubber 53% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Taps cocks valves 53% [plot | correlate | graph]
...and  Health > Abortions 53% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Mechanical handling equipment 53% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Tractors 52% [plot | correlate | graph]
...and  Economy > World Trade > Imports > Silver platinum etc 51% [plot | correlate | graph]
...and  Economy > World Trade > Exports > Synthetic organic colour agents 51% [plot | correlate | graph]
Average: 63%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. NationMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all countries, rather subsets of countries matched together.

VIEW FOR THIS VARIABLE:

NOTES:

  • Outliers have been removed only where they are outside 3 standard deviations of the mean.
  • Only variable pairs where at least 15 countries match for each have been considered.
  • Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed



DEFINITION: Exports of machine-tools remove material, by country, in thousands USD

SOURCE: International Trade Centre UNCTAD/WTO

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