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March 25, 2021

World trade at record levels


World merchandise trade continued to grow in January 2021, with 2.6% compared to December 2020, leading to the highest level of world trade since October 2018. The growth can be explained for a large part by growth of imports and exports in China and developed Asia. Trade showed little growth in the United States, the Euro area and emerging Asia (China excluded).

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February 25, 2021

World trade exceeds the old level


With an increase of 0.6% in December 2020 (compared to November), world trade exceeds the level of early 2020. The loss due to the COVID pandemic in the first half of 2020, has been made up for with a growth of 1.3% over the whole of 2020. In the fourth quarter of 2020 the growth was 4.0%.

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January 25, 2021

World trade back to pre-corona level in November 2020


World trade volume increased 2.1% in November 2020 compared to October, following an increase of 0.7% in October and seems to be unaffected by COVID measures. With this, the world trade volume is slightly higher than at the end of 2019, pre-COVID. Import growth is mainly driven by developed economies. Although imports from China actually fell by -1.3%, Chinese exports grew with 5.6%. Export growth in Latin America (-3.6%) and the US (0.4%) are lagging behind relative to that of developed economies. After the low point in May, world trade has grown continuously.

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December 24, 2020

World trade recovery continues in October


In October 2020, world trade grew again by 0.7% compared to September 2020. Due to continued growth in world trade since June, trade growth is still about 0.7% below the level at the end of 2019. The growth in October is, however, a lot lower than in September, when world trade increased by 2.7%. This is shown in the recently published World Trade Monitor of the CPB. The months of November and December, which saw a rapid spread of COVID-19, can still have a negative impact on world trade, but the CPB has no data on this yet.

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November 25, 2020

World trade recovery slowed down in September


In September 2020, world trade grew by 2.1%, compared to August 2020. This is again less than the growth in August and July, when world trade increased by 2.4% and 5.0% respectively. In total, world trade is now almost 2% below the pre-corona level.

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November 17, 2020

Inkeerregeling vergroot belastingopbrengst, ook op langere termijn

Pressrelease (in Dutch only)

Volgens internationale schattingen hebben Nederlandse huishoudens voor ruim 60 miljard euro uitstaan in belastingparadijzen. Met de inkeerregeling is tussen 2002 en 2018 voor ongeveer 12 miljard euro verborgen vermogen alsnog aangegeven bij de Belastingdienst. Dat heeft 2,1 miljard euro aan belastingen opgeleverd en leidt ook op langere termijn tot hogere belastinginkomsten. De lage boetes voor vrijwillige inkeer en internationale uitwisseling van informatie lijken de vrijwillige inkeer te hebben gestimuleerd. Dat blijkt uit onderzoek naar belastingontduiking dat het Centraal Planbureau op 17 november heeft gepubliceerd.

October 23, 2020

Rebound in world trade continues


In August 2020 world trade grew again by 2.5% compared to July 2020. This is less than the growth in July, which was 5.0% compared to June. In total, world trade is now 3 to 4% below the pre-corona level. Europe shows a strong export growth of 4.0%. Japanese exports are also growing strongly by 6.6%, while imports continue to fall (-2.1%). The growth of exports of the United States and China are average at 2.5% and 2.3% respectively; imports shows a similar growth with 2.3% and 3.4% respectively.

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October 6, 2020

Nederlandse transportsector en industrie kwetsbaar voor nieuwe coronagolf buitenland

Pressrelease (in Dutch only)

Een wereldwijde opleving van het coronavirus en mogelijke bijbehorende buitenlandse lockdownmaatregelen zullen Nederlandse bedrijven in de transportsector en de industrie hard raken. Dat blijkt uit onderzoek van het Centraal Planbureau en het Centraal Bureau voor de Statistiek. De omzet in deze sectoren is sterk afhankelijk van de wereldwijde exportvraag. In tegenstelling tot de Nederlandse dienstensector die vooral wordt getroffen door de binnenlandse maatregelen, worden transportbedrijven en de industrie juist geraakt door maatregelen in andere landen en terugval in de wereldhandel. Nieuwe lockdowns in het buitenland hebben daarom grote economische gevolgen voor deze sectoren.

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.

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August 25, 2020

A rebound in world trade


World trade rebounds in June with a strong catch-up growth of 7.6% compared to May. There was growth in almost all countries, except in Japan, where imports fell even further (-2.6%). Also in China and Eastern-Europe there is a fallback in exports, and in Africa and the Middle East imports and exports fell somewhat further. This brings the fall in world trade in the second quarter of 2020 to -12.5%, on top of the -2.7% in the first quarter. Industrial production also continues to recover, with 4.8% growth in June (compared to May). With this, global production is still 8% lower than at the end of last year.

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