Emerging economies, steady convergence in merchandise (goods) trade. Merchandise trade in emerging and developing G20 economies as a share of merchandise trade in all G20 economies (%). Note: Merchandise trade is the sum of exports and imports. Emerging economies group composition as in Fig. 2. Data for Russia from 1992. Source: Bruegel based on WTO (2019).

  Part of: Bery S, Biondi F, Brekelmans S (2019) Twenty years of the G20: Has it changed global economic governance? Russian Journal of Economics 5(4): 412-440. https://doi.org/10.32609/j.ruje.5.49435