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International trade statistics: trends in first quarter 2013

 

Higher growth of merchandise trade in first quarter of 2013

 

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30/05/2013 - Merchandise trade growth increased in the major economies during the first quarter of 2013. Compared to the fourth quarter of 2012, the value of merchandise imports and exports for the total of G7 and BRICS countries increased by 1.3% and 2.8%, respectively.

Compared to the previous quarter, merchandise imports and exports increased in the first quarter of 2013 in most major economies: in Germany (by 3.9% and 4.8%, respectively), China (by 0.9% and 5.6%), Brazil (by 5.1% and 4.9%), the United States (by 0.7% and 1.0%), Italy (by 1.4% and 3.2%), Canada (by 1.6% and 1.2%), France (by 0.5% and 1.9%), and the Russian Federation (by 4.9% and 0.0%).

Conversely imports grew and exports contracted in South Africa (by 4.3% and minus 0.3% respectively), while the opposite pattern (i.e. imports contracted and exports increased) held in United Kingdom (by minus 0.3% and 1.3%, respectively) and in India (by minus 0.9% and 6.1%, respectively).

In Japan, imports contracted slightly in the first quarter of 2013 (by minus 0.1%), whereas exports decreased more significantly (by minus 2.3%) for the fourth consecutive quarter.

Merchandise trade in US$ billion
G7 and BRICS
Seasonally adjusted data at current prices and exchange rates

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Source: Statistics on International Trade Database, OECD

 

 

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Next publication date: August 2013

 
 

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