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CPB | Economic Policy Analysis
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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Also world industrial production increased in January, with 1.7% compared to December. 

The monthly CPB World Trade Monitor is published on behalf of the European Commission. It takes two months for the figures to be available.

View the CPB World Trade Monitor.

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