Trade between developing countries – so-called ‘South-South’ trade in merchandise exports has now reached a record $4.7 trillion (in current prices) in 2012. This is a highlight of the fact that total world merchandise exports have more than tripled over the last 20 years to reach $18 trillion. These figures have recently been published by UNCTAD in its Handbook of … Continue reading

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Merchandise exports from developed countries fell last year

There was a fall in the merchandise exports of developed nations of 2.75% in 2012, according to figures just released by UNCTAD. However, this was offset by a rise of 3.6% amongst developing countries, although much of that increase occurred in petroleum and gas exporting countries. In fact, developing countries that are primarily exporters of commodities other than fuels saw … Continue reading

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Trade slows in major economies

Merchandise trade growth slowed across major economies in the second quarter of 2011, according to figures just released by the OECD. Total imports of G7 and BRICS countries grew by only 1.1% in the second quarter compared to 10.1% in the previous quarter. Total export growth slowed to 1.9%, compared to 7.7% in the previous quarter. China’s imports grew by … Continue reading

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Strong growth in merchandise trade in OECD countries

Merchandise trade continued to grow strongly across major economies in the first quarter of 2011, according to statistics just released by the OECD. Total imports of G7 and BRICS countries grew by 11% in the first quarter compared to 8.2% in the previous quarter. Total exports grew by 8.5%, compared to 8.2% in the previous quarter.    China’s trade surplus … Continue reading

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G7 trade flows growing but at a slowing pace

Merchandise trade volumes for the G7 countries as a whole continued to grow in the first quarter of 2010, but at a slower pace than in the fourth quarter of 2009, according to statistics just released by the OECD.  Based on seasonally adjusted monthly data, merchandise trade values remain approximately 20% below pre-crisis levels in April and May.   G7 … Continue reading

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Recovery in OECD trade

The volume of merchandise trade of the G7 group of countries grew in the third quarter of 2009, after being largely stable in the previous quarter. In fact, exports from G7 countries grew by 5.0% quarter-on-quarter and imports rose by 4.1% in the third quarter. However, when we look at year-on-year figures, exports were down 17.5% and imports also fell … Continue reading

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