November 25, 2022

World Trade Monitor September 2022

World trade volume increased by 0.1% in September 2022 compared to August 2022, following an increase of 0.8% in August. Global industrial production rose 0.3% month-on-month, after rising 0.5% in August. This means that world trade growth in the third quarter of 2022 still amounts to 1.2%, after an increase of 0.7% in the second quarter. This is evident from the CPB World Trade Monitor.

Developments in global international trade and industrial production September 2022

  • World trade volume increased 0.1% month-on-month (growth was 0.8% in August, initial estimate 0.7%) and growth was 1.2% in 2022Q3 (0.7% in 2022Q2).
  • World trade momentum was 1.2% (non-annualised; 1.6% in August, initial estimate 1.5%).
  • World industrial production increased 0.3% month-on-month (having increased 0.5% in August, unchanged from initial estimate) and growth was 1.3% in 2022Q3 (-1.6% in 2022Q2).
  • World industrial production momentum was 1.3% (non-annualised; 1.1% in August, initial estimate 1.0%).

The next release of the CPB World Trade Monitor is scheduled for Friday 23 December 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

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').

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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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