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Jyrkkä Jätkä
Posted: Monday, November 30, 2009 5:12:24 PM

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What is the second most traded commodity on earth, after oil?
kisholoy mukherjee
Posted: Monday, November 30, 2009 5:17:15 PM
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coffee
ChildofTheKing
Posted: Monday, November 30, 2009 5:39:13 PM
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A lover of this commodity, which is rumored to have originated in the highlands of Ethiopia (Kaffa, it is believed), carries quite an interesting tale. Coffee lovers are forever indebted to the shepherd's obsveration of their animals' high level of energy (dancing, as some thought it), after eating these wild berries.

Some of us would be saddened to live without this second ranked commodity.
abcxyz
Posted: Monday, November 30, 2009 5:41:04 PM
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I thought tea was the most popular drink.d'oh!
Geeman
Posted: Monday, November 30, 2009 5:46:33 PM

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Jyrkkä Jätkä wrote:
What is the second most traded commodity on earth, after oil?

I'm curious how "most traded" is determined here. Is it in the sense of volume of product, the amount of money exchanged or some other criteria? I ask because it seems like water would be the most traded if we counted it in terms of actual amounts, but since water is generally considered a sort of quasi-commodity (not always given a value or subsumed into a set of treaty or subscription payments) it might not qualify the way oil does.

I read a few years back that of the most wealthy people on earth several had achieved their fortunes through oil, others through retail sales, but a surprising number were made wealthy by producing chocolate.
wercozy
Posted: Monday, November 30, 2009 6:38:44 PM
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I'm not sure. But I do know that water is the most wasted in the US for watering lawns, and the second most wasted would be the clearing of forests in South America for grazing cattle.

Oh, it just came to me... maybe ocean harvesting of everything from fish to seaweed.
Kat
Posted: Monday, November 30, 2009 6:55:40 PM
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Jyrkkä Jätkä wrote:
What is the second most traded commodity on earth, after oil?



Sex?
TL Hobs
Posted: Monday, November 30, 2009 7:12:42 PM
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JJ: I don't know, but would venture to quess it to be coal, corn or salt. I hope you have an answer for this, now that you got us interested.

Kat: I don't know about you, but I won't trade my sex for anything. It's the only one I got. Not talking
Kat
Posted: Monday, November 30, 2009 8:02:48 PM
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TL Hobs wrote:
JJ:
Kat: I don't know about you, but I won't trade my sex for anything. It's the only one I got. Not talking



Excuse me?
I would never ever trade sex for anything in the world...but the question was:
What is the second most traded commodity on earth, after oil?

It is the oldest profession in the world isn't it?
zdeb_d123
Posted: Monday, November 30, 2009 8:06:59 PM
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Pretty soon it is going to be water..........Think
rivershin
Posted: Monday, November 30, 2009 8:28:12 PM
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Hmm. Sugar? Or maybe rice?
Christine
Posted: Monday, November 30, 2009 9:00:56 PM
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zdeb_d123 wrote:
Pretty soon it is going to be water..........Think


not MY state fresh waters! go to the moon.
Jyrkkä Jätkä
Posted: Monday, November 30, 2009 9:14:20 PM

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Location: Helsinki, Southern Finland Province, Finland
Kat wrote:
TL Hobs wrote:
JJ:
Kat: I don't know about you, but I won't trade my sex for anything. It's the only one I got. Not talking



Excuse me?
I would never ever trade sex for anything in the world...but the question was:
What is the second most traded commodity on earth, after oil?

It is the oldest profession in the world isn't it?


TL Hobs: The "well known fact, that it's coffee" is not true. That's why I started to study this. I'll tell for sure.
Kat: Bricklayers, plumbers and sex workers are not traded commodities, however old they are ;-)
FlashBack1968
Posted: Monday, November 30, 2009 11:05:20 PM
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Jyrkkä Jätkä wrote:
What is the second most traded commodity on earth, after oil?


I don't think it's coffee. That notion has been passed around for decades. I believe it might be something tied to the energy field such as oil is. Maybe natural gas?
TL Hobs
Posted: Monday, November 30, 2009 11:44:16 PM
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Location: Kenai, Alaska, United States
My Google search claimed coffee to be the #2 commodity, but I wouldn't have guessed that. I admit that I don't know, but now I am curious to know.

Kat: Sorry if I offended. I was being facetious and made a feeble attempt at humor. Perhaps I should have chosen a different emoticon.

Note to the forum: Please don't take me seriously. I never, ever take me seriously.
TYSON
Posted: Tuesday, December 1, 2009 12:13:21 AM
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I give up.
What is it? Coffee? Sex? Sexy Coffee?
TYSON
Posted: Tuesday, December 1, 2009 12:18:51 AM
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Let us try to narrow it down with a series of yes/no questions.

I'll start.

Is it organic?
zdeb_d123
Posted: Tuesday, December 1, 2009 1:10:37 AM
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Perhaps it is coal. Anxious
zoha1956
Posted: Tuesday, December 1, 2009 1:38:48 AM
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Location: United States
I'd put my money on coffee, but I'm surprised no one's said metals or plastic Think . Metals include aluminum, steel, etc. but also precious metals and plastic is shockingly EVERYWHERE!
kauserali
Posted: Tuesday, December 1, 2009 7:20:29 AM
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Metals
raji
Posted: Tuesday, December 1, 2009 7:32:40 AM
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Location: Kuwait
Gold?
Epiphileon
Posted: Tuesday, December 1, 2009 7:37:41 AM

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Arms, as in weapons. Although I'm not sure they precisely fit the definition of commodity.
pedro
Posted: Tuesday, December 1, 2009 7:47:34 AM
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People?
peterhewett
Posted: Tuesday, December 1, 2009 8:12:21 AM
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Location: In my head
Timber
jcmorales
Posted: Tuesday, December 1, 2009 8:33:55 AM
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Location: guatemala
Socially the coffee.
In economy copper.Boo hoo!
pedro
Posted: Tuesday, December 1, 2009 8:38:27 AM
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actually entertainment might qualify if that's not too much of a blanket term
kisholoy mukherjee
Posted: Tuesday, December 1, 2009 8:39:12 AM
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Women? (as in flesh trade?)
FlashBack1968
Posted: Tuesday, December 1, 2009 9:02:49 AM
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Location: San Antonio, Texas
Jyrkkä Jätkä wrote:
What is the second most traded commodity on earth, after oil?


Quiz of the Day

The day is over. Is there an answer?
EllieMae
Posted: Tuesday, December 1, 2009 9:58:51 AM
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Joined: 4/16/2009
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My very first impression was corn, but after reading the postings so far, I have to guess and comment as follows:

Guess: Money???

Comment: Someone said that sex was not a commodity but in connection to the other posting "women (as in flesh trade)", I would have to say that sex is most definitely a commodity and it is most sadly not limited to women being treated as such; men and children of both genders are also victims here. If one excludes the illegal aspects of this "commodity", then the legal ones would certainly qualify since the pornography industry is worth billions although supposedly they are suffering from the negatives in the economy and internet proliferation......

On a completely different slant, though, I propose that there is another "commodity" that is traded "in secret" as it were: that being FEAR. Fear really is universal, fear of death, disease, loss of income, loss of freedoms, loss of specific things like water, clean air, electricity, oil and other energy resources.... fear gets people to do things that those who "trade" in it want; it also allows its cousin CONFUSION to enter the "trade game"... with the immense sea of knowledge---real, accruate and false and misleading---around, it is all to easy to trade in these cousin commodities....

Aside from my little tangent there, it would be interesting to know the answer.....
kauserali
Posted: Tuesday, December 1, 2009 10:35:11 AM
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JJ where is the answer???
Jyrkkä Jätkä
Posted: Tuesday, December 1, 2009 10:45:11 AM

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Ok folks, here it is.

First of all, this started when I wanted to make sure about "the well known fact" that Finns drink coffee more than others. That's true, with the clear lead to other Scandinavians and Dutch. Several pages I visited claimed coffee to be the second most traded commodity in the world after oil (some of them mentioning by value). I wanted to check that fact too.

So I studied WTO, UN and many other official statistical databases as well as Wikipedia. No clear answer. One clarifying article I found in Entrepeneur's pages. Worth of reading.

So, it seems (by value):

1. Oil
2. Gas
3. Copper
4. Aluminium
.
.
. Wheat
. Meat
. Sugar
. Coffee

But, coffee is the second most valuable commodity exported by developing countries.

All this studying took me one day, 12 mugs of coffee, 15 cigarettes and uncounted amount of electricity. I also traded myself into two well paid projects next month and answered twice when my mommy phoned.

Thank you for your interest.

FlashBack1968
Posted: Tuesday, December 1, 2009 12:04:14 PM
Rank: Advanced Member

Joined: 6/28/2009
Posts: 158
Neurons: 459
Location: San Antonio, Texas
FlashBack1968 wrote:
Jyrkkä Jätkä wrote:
What is the second most traded commodity on earth, after oil?


I don't think it's coffee. That notion has been passed around for decades. I believe it might be something tied to the energy field such as oil is. Maybe natural gas?


Jyrkkä Jätkä wrote:
So, it seems (by value):

1. Oil
2. Gas
3. Copper
4. Aluminium
.
.
. Wheat
. Meat
. Sugar
. Coffee

Yea! Applause What did I win? A cup of coffee? There needs to be a prize if we're going to have 'Quiz of the Day'!
Jyrkkä Jätkä
Posted: Tuesday, December 1, 2009 12:11:46 PM

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Location: Helsinki, Southern Finland Province, Finland
FlashBack1968 wrote:


Yea! Applause What did I win? A cup of coffee? There needs to be a prize if we're going to have 'Quiz of the Day'!


I put the cooker on. And I think there were some spare biscuits left...
Oh, no hurry. they are striking again in Finnair.
FlashBack1968
Posted: Tuesday, December 1, 2009 7:33:10 PM
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Joined: 6/28/2009
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Location: San Antonio, Texas
Jyrkkä Jätkä wrote:
FlashBack1968 wrote:


Yea! Applause What did I win? A cup of coffee? There needs to be a prize if we're going to have 'Quiz of the Day'!


I put the cooker on. And I think there were some spare biscuits left...
Oh, no hurry. they are striking again in Finnair.


Damn unions. (And I belong to one)
NO... I was thinking along these lines, maybe a gift card from Amazon... hehehe!



[image not available]
Jyrkkä Jätkä
Posted: Thursday, December 3, 2009 9:21:48 AM

Rank: Advanced Member

Joined: 9/21/2009
Posts: 43,131
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Location: Helsinki, Southern Finland Province, Finland
FlashBack1968 wrote:
Jyrkkä Jätkä wrote:
FlashBack1968 wrote:


Yea! Applause What did I win? A cup of coffee? There needs to be a prize if we're going to have 'Quiz of the Day'!


I put the cooker on. And I think there were some spare biscuits left...
Oh, no hurry. they are striking again in Finnair.


Damn unions. (And I belong to one)
NO... I was thinking along these lines, maybe a gift card from Amazon... hehehe!



[image not available]


Well, that coupon surely has some look and feel of creamy latte ;-)

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