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Trade flows' collapse continues in first quarter 2009

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15/07/2009 - The unprecedented and largely synchronized drop in merchandise trade volumes of the Group of Seven (G7) countries of the last quarter 2008 continued in the first quarter 2009. When compared year-on-year, the steep rate of decline already observed for Q4 2008 reached two-digit levels in Q1 2009 for almost all countries. etc.

The next release for quarterly trade data will be published in October 2009.

Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on STD.Tradestats@OECD.org and STD.Servstat@oecd.org.

Link to the previous news releases