World Trade Monitor September 2024
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The CPB World Trade Monitor (WTM) is an instrument for bringing together, aggregating, and summarizing worldwide monthly data on international trade and industrial production.
In the WTM, ‘trade’ is trade in goods (also referred to as ‘merchandise trade’). ‘Production’ is industrial production, that is: value added in mining, manufacturing, and utilities (also referred to as ‘industry excluding construction’).
The production monitor covers 85 countries worldwide. These countries account for about 97% of global industrial production. The trade monitor covers 81 countries. Coverage of world trade is almost 99%.
Developments in global international trade and industrial production September 2024:
- World trade volume decreased 0.9% month-on-month (growth was 1.7% in August, initial estimate 1.4%) and growth was 0.8% in 2024Q3 (0.9% in 2024Q2).
- World trade momentum was 0.8% (non-annualised; 1.2% in August, initial estimate 1.1%).
- World industrial production decreased 0.1% month-on-month (having increased 0.4% in August, initial estimate 0.3%) and growth was 0.6% in 2024Q3 (0.6% in 2024Q2).
- World industrial production momentum was 0.6% (non-annualised; 0.6% in August, unchanged from initial estimate).
The next release of the CPB World Trade Monitor is scheduled for 24 December 2024, 12:00 hours.
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Monthly brief CPB World Trade Monitor The monthly CPB World Trade Monitor is an instrument with which CPB monitors the development of world trade and is published on behalf of the European Commission. It takes two months before the figures are available. The next CPB World Trade Monitor for the reporting month of October 2024 will be published on December 24th. If you have any questions, please contact wtm@cpb.nl.
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The World Trade Monitor is partially financed by DG ECFIN (Directorate General of Economic and Monetary Affairs of the Economic Commission).
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