Compared to the third quarter, the value of merchandise exports and imports for the G7 and BRICS countries increased by 1.2% and 1.0%, respectively.
Merchandise trade continued to slow in most major economies in the third quarter of 2012 compared to the second quarter of 2012.
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.