September 25, 2020
Rebound in world trade continues
The rebound in world trade continues. The CPB World Trade Monitor shows that the volume of world trade increased 4.8% in July. This is somewhat less than in June, when world trade grew with 7,9% compared with May. The rebound arises from the fact that in a lot of countries lockdown measures have been lifted. In the eurozone, exports grew 5.9%, while imports grew 4.1%. Striking is the recovery in the US, where both imports and exports grew with roughly 11%. Chinese exports also made a huge jump (+9.5%), while Chinese imports rose with just 0.5%. Also in other advanced economies the rebound continues. Despite these promising figures, world trade has not yet recovered to pre COVID-19 outbreak levels.
Look at the CPB World Trade Monitor.
Contacts
See also
Stand van de economie en economisch beleid zijn bepalend voor migratieEffecten prijsstijgingen verschillen sterk tussen huishoudensProjectfinanciering overheid vraagt zorgvuldige afweging in licht van maatschappelijke batenWeinig effect arbeidsmarkttoelage leraren in eerste jaar na invoeringWereldhandel in 2023 afgenomen