Substantial Increase in the First Half of World Merchandise Trade
According to the World Trade Organization has released the latest global merchandise trade statistics, in the first half, continued growth of world merchandise trade increased by 25% in the second quarter of the global export trade and import trade in individual net rates of 7%, respectively, and also 6%.
WTO trade report on the world’s major trading area, and 90% of total world trade of 70 major economies made a more specific import and export trade, and found the following characteristics:
First, the first half of the global merchandise trade statistics by month, most trade body in April and May tend to decline in both import and export trade, but from the overall situation in June, most trade body has appeared stabilized recovery trend. This trend coincided with the major global economies, the gradual recovery as the economy appears the trend of public consumption growth consistent with enthusiasm.
Second, trade data from the regional perspective, the first half of this year, commodity import and export trade of Asian countries, respectively, compared with a year earlier increase of 38% and 37% in the second quarter export growth last year exceeded 35%. Compared with the same period last year, Japanese imports and exports in the second quarter grew 35% and 41%, 33% and India’s export and import growth of 32%.
Third, the CIS countries this year, exports continued to grow, an increase of 44%; the United States in the first half of the export growth rate of 32% and 25%; Brazil imported 70-year rate of growth of most economies, an increase of 56% while exports are up 29% year on year growth.
Fourth, the second quarter of this year, the EU import and export growth rates of 14% over the previous year and 13%, and the European Union and other countries and regions in the world trade is more active than the intra-EU trade. Only in the second quarter, the trade volume within the EU than in the first quarter decreased 2%, while only 11% growth year on year, significantly lower than the EU’s external trade volume was 21% and 17% growth rate. In other words, the overall situation, the EU’s foreign trade volume and its growth rate would have been more than the traditional EU countries trade with each other, this new trend as the first half of world trade, one of the new features.
Fifth, Africa and the Middle East import and export trade and 10% respectively year on year and 35% of rapid growth. WTO’s trade report that, the reason why these countries and regions to achieve such a rapid growth of the root cause of the Asian and U.S. demand, raw material prices Shangzhang.
WTO had predicted in March this year, this year’s global merchandise trade and 9.5% year on year growth can be realized. Analysts here believe, in view of the first half of the rapid rebound in world commodity trade and the gradual recovery of the world’s major economies, the overall global trade growth this year the situation will be more than the optimistic forecast six months ago. Last year, global trade has experienced over the past 70 years, the most significant decline, down 12.2%.
Therefore, this year and last year there was a substantial year on year is likely to increase.
Analysts pointed out that the total global trade this year will be another basis for rapid growth, with the U.S. economic recovery, improve the financial position of the European countries, as well as medium-sized enterprises to increase cross-border mergers increased investment in equipment and other items, the global merchandise trade would also rapid growth.
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