World classification as per business and economic Groups

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World is dived into 7 continents namely North America, South America, Antarctica, Europe, Asia Australia and Africa.  Sometime North and America are considered to be one as America continent, also Europe and Asia also referred as Eurasia.

However for business classification, it is not divided into 7 or 5 regions. For International trade world classification is in following regions by India as per agreements and business facilities. India track its Import and export or to say International trade on this specified regions. These regions were formed for politically and economic stability. It also standardize norms for business transactions and uniformity for rest of the world.

  1. EU countries
  2. EFTA – European free trade association
  3. Other European countries
  4. SACU : Southern African Customs Union
  5.  Other South African Countries
  6. West Africa
  7. Central Africa
  8. East Africa
  9. North Africa
  10. North America
  11. Latin America
  12. East Asia (Oceania)
  13. ASEAN
  14. West Asia – GCC
  15. Other West Asia
  16. NE Asia
  17. South Asia
  18. CARs Countries
  19. Other CIS countries
  20. Unspecified
These business groups of countries are formed basis of geographical parameters or business uniqueness.
  1. EU countries (27 ) : Includes Austria, Belgium, Bulgaria, Republic ofCyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia,Slovenia, Spain, Sweden and the UK.
  2. EFTA – European free trade association – Includes ICELAND, LIECHTENSTEIN, Norway, SWITZERLAND
  3. Other European countries : Includes Albania, BOSNIA-HRZGOVIN, Croatia, MACEDONIA, UNION OF SERBIA & MONTENEGRO, Turkey.
  4. SACU : Southern African Customs Union : Botswana, Lesotho, Namibia, South Africa, Swaziland
  5. Other South African Countries : It has four countries under its umbrella Angola, MOZAMBIQUE, Zambia, Zimbabwe
  6. West Africa : Benin, Burkina Faso, Cameroon, Cape Verde Island, Congo P Republic, Equtl Guinea, Gabon, Guinea, Gambia, Ghana, Guinea bassau,  Cote D’ Ivoire, Liberia, Mali, Mauritania, Niger, Nigeria, sao Tome, Senegal, Togo
  7. Central Africa : Burundi, Central Africa republic, Chad, Malawi, Rwanda, Uganda, Congo D republic
  8. East Africa : Comoros, Djibouti, Ethiopia, Kenya, Madagascar, Mauritius, Reunion, Seychelles, Somalia, Tanzania Republic
  9. North Africa : Algeria, Egypt, Libya, Morocco, Sudan, Tunisia
  10. North America : Canada, Mexico, USA
  11. Latina America : Antigua, Argentina, Ecuador, Brazil, Bahamas, Barbados, Bermuda, Bolivia, BR Virgin Island, Cayman Island, Chile, Colombia, Costa rica, Cuba, Dominic Republic, Dominica,Salvador, Falkland island, Guiana, Guadeloupe,  Guatemala, Guyana, haiti, Honduras, Jamaica, MONTSERRAT, NETHERLANDANTIL, Nicaragua,  Panama Republic, Paraguay, Peru, ST KITT N A, ST Lucia, ST Vincent, Suriname, Trinidad, Turks, Uruguay, Venezuela,  Virgin Island US
  12. East Asia : Oceania – Australia, Fiji island, Nauru republic, New Zealand, Papua n gn, Timor Leste, Solomon Island, Tonga, Tuvalu, Vanuatu Republic, Samoa
  13. ASEAN : Brunei, cambodia, Indonesia, , Lao PD republic, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam
  14. West Asia – GCC Bahrain Island, Kuwait, Oman, Qatar, Saudi Arab, United Arab Emirate
  15. Other West Asia : Iran, Iraq, Israel, Jordon, Lebanon, Syria, Yemen Republic
  16. NE Asia : Taiwan, China Republic, Hong Kong, Japan, South Korea, North Korea, Macao, Mongolia
  17. South Asia : Afghanistan, Bangladesh, Bhutan, Nepal, Pakistan, Sri lanka, Maldives
  18. CARs Countries: KAZAKHSTAN, KYRGHYZSTAN, TAJIKISTAN, TAJIKISTAN, UZBEKISTAN
  19. Other CIS Countries : Armenia, AZERBAIJAN, Belarus, Georgia, Moldova, Russia, Ukraine
  20. Unspecified : AMERI SAMOA, ANDORRA, ANGUILLA, Antarctica, Aruba, Christmas island, Eritrea, FR POLYNESIA, FR S ANT TR, Greenland, HEARD MACDONALD, Vatican city, MARSHALL ISLAND, Monaco, New Caledonia, Niue Island, N. MARIANA island, NORFOLK Island, Palau, PITCAIRN Island, Puerto Rico, San Marino, Serbia, MONTENEGRO, ST PIERRE, TOKELAU Island, US MINOR OUTLYING ISLANDS, Wallis F island, Wallis Island

 

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