latest quarterly trade trends - World Trade Organization

LATEST QUARTERLY TRADE TRENDS LAST UPDATE: 18/10/2017

World Merchandise Trade Volume Developments Jointly produced with UNCTAD Quarterly % change

16Q3

16Q4

17Q1

17Q2

World (average X/M)

0.6

1.1

1.4

1.3

Exports North America South & Central America Europe Asia Other

0.4 2.4 -0.9 0.0 0.4 -0.9

1.3 0.3 -1.2 1.9 1.8 -0.3

1.5 1.9 2.4 0.3 2.4 3.1

1.2 0.8 0.1 1.0 1.9 1.6

Imports North America South & Central America Europe Asia Other

0.9 0.9 -2.0 1.1 1.8 -1.6

0.9 0.6 0.7 -0.7 3.0 0.3

1.3 2.5 1.1 -0.1 1.8 2.9

1.4 0.2 0.5 1.7 2.0 1.1

Merchandise trade value 2017Q2 World exports FOB a

Value Bn $ 4288

QoQ % 5.0

Seasonally adjusted

Merchandise Trade Volume, Prices and Values, not seasonally adjusted

North America

594

4.1

Europe

1584

3.3

Asia a

1573

8.7

Other World imports CIF a

538

0.8

4378

4.3

North America

818

6.6

Europe

1583

2.4

Asia a

1460

4.8

Other

517

5.4

FOB: Free on board CIF: Cost, Insurance and Freight

a. Excluding West Texas Intermediate

a. Include significant re-exports

Commercial services trade, values, according to BPM6 presentation Jointly produced with UNCTAD and ITC.

Quarterly % change

16Q3

16Q4

17Q1

17Q2

World (average X/M)

-0.2

1.6

1.5

1.9

Exports

0.4

1.0

1.6

1.9

North America

1.6

1.3

1.0

-0.1

Europe

-0.8

0.9

2.0

2.2

Asia

1.5

0.3

0.9

2.5

Other

1.8

2.8

3.4

2.8

Imports

Seasonally adjusted

-0.7

2.1

1.4

1.8

North America

1.7

1.8

1.0

0.8

Europe

-3.1

1.3

0.6

1.6

Asia

2.1

2.3

2.0

2.6

Other

-2.1

5.9

3.5

1.7

Note: Annualized short-term statistics may differ from the annual statistics disseminated through WTO's online databases, publications or press releases. Data for the latest period are provisional.

LATEST MONTHLY TRADE TRENDS LAST UPDATE: 18/10/2017

Merchandise Trade Values and Prices, not seasonally adjusted

Merchandise trade value Total reported exports a, b North America

Value Bn$ Jun17

Jun16

Mar17

Apr17

May17

Jun17

1386

4.9

20.8

-11.0

8.4

1.5

Monthly % change

205

4.2

14.2

-9.4

5.8

2.3

Europe

547

6.2

18.2

-16.3

15.7

-0.8

Asia b

531

4.5

27.0

-5.5

1.9

4.2

1391

4.6

17.3

-10.6

10.3

-0.9

Total reported imports a, b North America

279

2.9

15.3

-6.0

9.0

-0.7

Europe

541

6.4

16.2

-14.6

15.0

-1.6

Asia b

475

3.7

19.8

-9.2

6.4

-0.6

a. unadjusted aggregate of countries and economies for which the Secretariat compiles monthly merchandise trade values. The totals cover over 90 per cent of world trade. Trade of fuel and commodity exporters in Africa and the Middle East is not included, due to the lack of data. b. include significant re-exports or imports for re-exports.

a. Excluding West Texas Intermediate

Trade in Commercial Services, Values, not seasonally adjusted (according to BPM6 presentation) Value Bn $

Monthly % change

Jun-17

Jul-16

Mar-17

Apr-17

May-17

Jun-17

Jul-17

European Union (28) extra a

86

-0.8

-5.0

9.2

7.6

2.8

…

United States b

64

0.4

0.0

0.8

1.1

0.0

0.4

China

17

-0.3

-2.4

-1.5

11.3

-8.7

7.1

India a, c

13

4.7

-9.0

4.1

-0.3

-1.6

4.0

Japan

14

17.9

-16.2

8.1

-8.9

-5.9

11.8

Korea, Rep. of

7

8.8

-0.8

-6.4

13.2

-4.1

13.2

Brazil

3

7.7

-26.2

21.9

-16.5

2.2

5.2

United States b

73 42

2.0 3.9

-2.9 0.5

13.3 1.0

6.7 0.1

3.4 0.1

… -0.2

China

37

3.8

-10.5

10.0

23.4

-20.8

12.5

7

8.7

-12.6

5.4

-2.1

-1.6

18.1

Japan

16

6.5

10.1

-10.1

-3.0

5.2

-3.8

Korea, Rep. of

10

6.4

-8.1

-12.1

23.7

1.8

-0.5

6

3.3

-14.9

7.7

4.7

-1.9

1.3

Exports

Imports European Union (28) extra a

India a, c

Brazil … a. b. c.

Not available Total services Seasonally adjusted Data do not include part of the costs for freight transport and insurance (i.e. cif/fob adjustment)