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International trade slows sharply in first quarter of 2015

Merchandise trade in US$ billion
Current prices and exchange rates, s.a.


28/05/2015 - Against a backdrop of an appreciating US dollar and declining oil prices, total merchandise trade, in current US dollars, for G7 and BRIICS economies fell sharply in the first quarter of 2015, with (seasonally adjusted) exports and imports declining by 7.1% and 9.5% respectively compared to the previous quarter.

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