Merchandise trade continued to slow in most major economies in the third quarter of 2012 compared to the second quarter of 2012.
Merchandise trade slowed in most major economies in the second quarter of 2012, with contractions in all major European economies, India, Russia and South Africa.
Merchandise trade grew moderately in most major economies in the first quarter of 2012. Total imports and exports of G7 and BRICS grew by 1.0% and 0.6% respectively.
Companies are increasingly producing goods and services through supply chains spanning different countries.