May 24, 2017

CPB World Trade Monitor March 2017

The CPB World Trade Monitor shows that the volume of world trade increased 1.5% in March, having decreased 0.8% in February (initial estimate: -0.6%).

Developments in global international trade and industrial production March 2017:

  • World trade volume increased 1.5% month‐on‐month (growth was ‐0.8% in March, initial estimate ‐0.6%) and 1.4% in 2017Q1 (1.7% in 2016Q4).
  • World trade momentum was 1.4% (non‐annualised; 2.1% in March, initial estimate 2.7%).
  • World industrial production grew 0.3% month‐on‐month (0.2% in March, unchanged from the initial estimate) and grew 0.6% in 2017Q1 (1.2% in 2016Q4).
  • World industrial production momentum was 0.6% (non‐annualised; 0.9% in March, unchanged from the initial estimate).

For questions. please contact
Read also the CPB Background Document 'The CPB World Trade Monitor: technical description'.
In September 2016 (starting with the July 2016 monitor) the WTM base year has been moved from 2005 to 2010. Clarification of the procedure and its outcomes is given in the downloadable appendix (CPB Memo 'Change of base year WTM').

The release of the next monthly CPB World Trade Monitor is scheduled tentatively for 23 June 2017.

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