October 25, 2022

World Trade Monitor August 2022

World trade volume increased 0.7% in August 2022 compared to July 2022, following 0.0% growth in July. World industrial production increased 0.5% month-on-month, having decreased 0.4% in July. These latest figures fit into the trend of a slowly decelerating world trade across the board (both in advanced and emerging economies) since the beginning of 2022. This is evident from the CPB World Trade Monitor.

Developments in global international trade and industrial production August 2022

  • World trade volume  increased 0.7% month-on-month (growth was 0.0% in July, initial estimate 0.7%).
  • World trade momentum was 1.5% (non-annualised; 1.7% in July, initial estimate 1.9%).
  • World industrial production increased 0.5% month-on-month (having decreased 0.4% in July, unchanged from initial estimate).
  • World industrial production momentum was 1.0% (non-annualised; -0.3% in July, initial estimate -0.4%).

The next release of the CPB World Trade Monitor is scheduled for Friday 25 November 2022, 12:00 hours.

CPB publishes a World Trade Monitor every month on behalf of the European Commission. It takes two months for the figures to become available. For questions please contact wtm@cpb.nl.

Read also the CPB Background Document 'The CPB World Trade Monitor: technical description (update 2020)'. 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').

If you want to receive an email alert every time CPB publishes its update of the world trade monitor, please subscribe to our alert service on this page ('Publications for policymakers').

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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