Quarterly International Trade Statistics

Paris, 01 March 2016 News Release G20 International Merchandise Trade Statistics

Global trade slowdown continues in Q4 2015 G20 total international merchandise trade, seasonally adjusted and expressed in current US dollars, continued to contract in the fourth quarter of 2015. Exports fell for the sixth consecutive quarter (by 1.6% in Q4 2015), while imports fell for the seventh consecutive quarter (by 1.9%). Export values fell significantly in Q4 2015 across large oil exporters including Canada (by 5.4%), Russia (2.2%), Indonesia (7.9%) and Saudi Arabia, reflecting falling oil prices and an appreciating US dollar. In South Africa and Brazil, imports continued to contract (by 6.2% and 9.2% respectively) to close to their lowest levels in six years. Imports also fell significantly in India (by 8.1%). In the United States imports fell for the sixth straight quarter (by 2.7%), with exports also declining for the second consecutive quarter (by 3.5%). In Mexico, exports and imports were down by 2.3% and 2.8% respectively. Amongst G20 economies only China (up 0.3%) and Turkey (3.3%) saw exports grow in Q4 2015. Imports also grew in both countries, by 1.0% and 4.3% respectively. Exports and imports by the European Union (EU28) fell for a sixth consecutive quarter, by 1.0% and 1.4% respectively, with exports falling in France (by 0.3%), Germany (2.3%) and the United Kingdom (1.4%) while they remained unchanged in Italy. Imports picked up, however, in France and the United Kingdom by 0.9% and 0.3% respectively. For the year 2015 as a whole, G20 exports fell by 11.3% while imports fell by 13.0%. Declines in both imports and exports were recorded in all G20 economies in 2015. Saudi Arabia recorded the largest fall in exports over the period while Russia recorded the largest fall in imports, (in both cases by more than 35%). G20 total international merchandise trade Seasonally adjusted, current prices and US$ billion

Values G20 Exports

Percentage variations G20 Imports

G20 Exports 15

4000

10

3500

5 0

3000

-5 2500 2000 1500

-10 -15 -20 -25

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G20 Imports

Paris, 03 December 2015 News Release G20 International Merchandise Trade Statistics

G20 total international merchandise trade Seasonally adjusted, current prices and US$ billion

G20 Australia Brazil Canada China EU 28 France Germany India Indonesia Italy Japan Korea Mexico Russia Saudi Arabia South Africa Turkey United Kingdom United States

Quarters Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import

2013Q4 3602.7 3622.0 63.7 57.1 62.8 58.2 115.2 115.5 560.8 489.7 1560.5 1525.9 148.6 174.2 374.6 303.2 80.2 108.5 46.9 46.1 133.6 122.9 179.6 214.0 142.4 131.8 95.7 93.3 131.6 83.3 97.9 41.0 23.5 24.7 38.5 63.3 119.5 164.9 403.4 569.6

2014Q1 3578.1 3678.4 64.7 58.0 58.7 60.5 114.0 111.8 541.7 508.4 1572.1 1540.9 149.1 174.0 378.0 309.9 79.3 110.7 45.9 45.7 135.9 121.8 172.1 218.5 142.9 133.5 96.4 98.3 131.0 86.6 97.3 40.9 23.8 25.5 40.4 60.6 121.6 168.4 397.9 578.6

2014Q2 2014Q3 3625.2 3618.2 3662.0 3633.1 60.4 59.7 59.3 57.2 58.8 57.7 57.5 57.9 120.4 123.0 117.8 118.4 574.4 606.7 486.4 489.8 1576.0 1540.0 1551.3 1519.1 148.3 144.2 174.0 172.5 381.6 376.4 310.6 300.6 81.9 81.1 113.6 121.3 44.9 43.7 45.5 43.7 136.1 132.3 123.1 119.0 172.4 176.1 201.5 203.2 142.4 143.9 130.5 133.2 99.5 100.1 100.8 99.6 132.3 126.0 81.3 76.2 93.7 88.1 40.3 39.9 22.6 22.5 24.8 24.9 40.0 39.3 60.7 59.2 119.9 117.5 170.9 170.1 405.6 410.3 590.7 589.6

2

2014Q4 3496.2 3492.7 55.8 53.5 50.1 53.5 118.0 115.7 605.9 477.0 1478.4 1429.4 140.1 158.8 362.2 285.8 80.7 117.2 42.0 43.6 126.7 112.2 169.8 189.3 143.4 128.8 100.6 101.2 109.6 66.7 74.6 41.7 22.4 24.5 38.3 61.9 115.1 164.0 406.8 588.8

2015Q1 3237.5 3201.4 51.5 50.8 50.3 51.5 104.4 106.8 582.4 420.8 1352.8 1314.2 127.0 144.2 334.1 264.5 67.9 96.2 40.5 38.8 116.5 103.3 163.4 171.9 138.5 111.8 95.8 98.4 96.0 53.6 55.4 41.7 21.3 23.6 37.3 54.9 106.7 155.1 380.2 566.5

2015Q2 3196.9 3165.9 46.4 52.6 49.6 44.1 102.8 108.1 563.4 421.6 1351.3 1305.6 127.4 142.2 332.4 260.0 69.0 99.5 39.7 36.2 114.5 103.9 155.5 161.4 132.3 110.3 95.3 99.7 91.3 48.4 59.9 40.5 21.8 21.5 36.4 52.9 111.4 152.9 382.1 563.5

2015Q3 2015Q4 3157.9 3109.0 3136.6 3076.0 46.7 44.5 48.7 48.5 45.8 45.7 40.2 36.5 103.5 97.9 103.9 100.3 570.9 572.6 416.6 420.6 1347.5 1334.5 1303.3 1285.4 126.2 125.8 142.8 144.0 334.9 327.1 264.3 258.6 66.6 64.1 101.9 93.7 36.6 33.7 33.5 34.6 113.8 113.7 101.5 99.6 154.1 152.1 162.2 153.2 130.2 126.4 109.0 105.5 96.1 93.9 100.2 97.4 78.1 76.4 47.6 45.8 49.0 36.8 20.2 18.5 21.0 19.7 34.6 35.8 48.6 50.7 105.8 104.3 150.7 151.2 378.0 364.7 563.0 548.1

Paris, 01 March 2016 News Release G20 International Merchandise Trade Statistics

G20 total international merchandise trade Percentage variations

G20 Australia Brazil Canada China EU 28 France Germany India Indonesia Italy Japan Korea Mexico Russia Saudi Arabia South Africa Turkey United Kingdom United States

Quarters Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import

2014Q1 -0.7% 1.6% 1.5% 1.5% -6.5% 3.9% -1.0% -3.2% -3.4% 3.8% 0.7% 1.0% 0.3% -0.1% 0.9% 2.2% -1.2% 2.1% -2.0% -0.9% 1.7% -0.9% -4.2% 2.1% 0.3% 1.3% 0.7% 5.4% -0.5% 3.9% -0.6% -0.3% 1.1% 2.9% 4.9% -4.4% 1.8% 2.1% -1.4% 1.6%

2014Q2 1.3% -0.4% -6.6% 2.3% 0.2% -4.9% 5.6% 5.3% 6.0% -4.3% 0.2% 0.7% -0.6% 0.0% 1.0% 0.2% 3.3% 2.6% -2.3% -0.5% 0.2% 1.0% 0.2% -7.8% -0.3% -2.2% 3.2% 2.5% 1.0% -6.1% -3.7% -1.5% -5.0% -2.7% -1.0% 0.2% -1.3% 1.5% 1.9% 2.1%

2014Q3 2014Q4 -0.2% -3.4% -0.8% -3.9% -1.3% -6.5% -3.5% -6.6% -1.8% -13.3% 0.6% -7.5% 2.1% -4.1% 0.5% -2.2% 5.6% -0.1% 0.7% -2.6% -2.3% -4.0% -2.1% -5.9% -2.7% -2.8% -0.9% -8.0% -1.4% -3.8% -3.2% -4.9% -1.0% -0.6% 6.8% -3.4% -2.7% -3.9% -3.9% -0.2% -2.8% -4.2% -3.3% -5.7% 2.2% -3.6% 0.8% -6.8% 1.1% -0.3% 2.0% -3.3% 0.6% 0.5% -1.2% 1.6% -4.8% -13.0% -6.3% -12.4% -5.9% -15.4% -1.0% 4.5% 0.0% -0.7% 0.6% -1.6% -1.7% -2.4% -2.5% 4.5% -2.0% -2.1% -0.4% -3.6% 1.2% -0.9% -0.2% -0.1%

3

2015Q1 -7.4% -8.3% -7.8% -4.9% 0.4% -3.7% -11.5% -7.7% -3.9% -11.8% -8.5% -8.1% -9.4% -9.2% -7.8% -7.4% -15.8% -17.9% -3.5% -11.0% -8.0% -7.9% -3.7% -9.2% -3.4% -13.2% -4.7% -2.8% -12.4% -19.6% -25.7% 0.0% -5.0% -3.9% -2.8% -11.3% -7.3% -5.4% -6.5% -3.8%

2015Q2 -1.3% -1.1% -9.8% 3.4% -1.2% -14.4% -1.6% 1.3% -3.3% 0.2% -0.1% -0.6% 0.3% -1.4% -0.5% -1.7% 1.6% 3.4% -1.8% -6.6% -1.8% 0.5% -4.8% -6.1% -4.5% -1.4% -0.5% 1.3% -4.9% -9.7% 8.2% -2.8% 2.7% -8.6% -2.2% -3.6% 4.3% -1.4% 0.5% -0.5%

2015Q3 2015Q4 -1.2% -1.6% -0.9% -1.9% 0.7% -4.8% -7.3% -0.5% -7.7% -0.3% -8.8% -9.2% 0.7% -5.4% -3.9% -3.5% 1.3% 0.3% -1.2% 1.0% -0.3% -1.0% -0.2% -1.4% -0.9% -0.3% 0.4% 0.9% 0.8% -2.3% 1.7% -2.2% -3.5% -3.8% 2.5% -8.1% -7.8% -7.9% -7.4% 3.1% -0.6% 0.0% -2.3% -1.8% -0.9% -1.3% 0.5% -5.5% -1.6% -2.9% -1.1% -3.3% 0.8% -2.3% 0.5% -2.8% -14.4% -2.2% -1.8% -3.8% -18.3% -9.3% -7.5% -8.3% -2.3% -6.2% -5.0% 3.3% -8.1% 4.3% -5.0% -1.4% -1.4% 0.3% -1.1% -3.5% -0.1% -2.7%

Paris, 03 December 2015 News Release G20 International Merchandise Trade Statistics

G20: Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union. See remarks on G20 and Argentina in the methodological notes. The G20 aggregate is derived as the seasonally adjusted data of the individual economies.

>> Methodological Notes: Further methodological information can be downloaded from: http://www.oecd.org/std/its/OECD-G20-trade-technical-note.pdf >> Access data: The online dataset is available at: http://stats.oecd.org/Index.aspx?datasetcode=MEI_TRD >> Contacts: For further information journalists are invited to contact the OECD’s Media Relations Division on (33) 1 45 24 97 00 or at [email protected]; others should contact the OECD Statistics Directorate at [email protected]. >> Next release 31 May 2016

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