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Merchandise trade imports and exports in G7 and BRICS economies grew by 1.4% during the third quarter of 2013, offsetting the contractions seen in the previous quarter.
Responses to the Survey on Environment and Officially Supported Export Credits.
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Prepared for the 2013 G20 Summit in Saint Petersburg, this joint OECD-WTO-UNCTAD report analyses the functioning of global value chains and their relationship with trade and investment flows, development and jobs.
Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).
The Trade in Value Added initiative accounts for the double counting implicit in gross flows of trade, and measures flows related to value added in production of goods or services
Trade and investment are a key source of growth and an area where the G20 can be credited with important achievements, such as the standstill and the rejection of protectionism. Further trade liberalisation can be a powerful, timely, non-debt stimulus to the world economy, said OECD Secretary-General.
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.
This OECD inventory reports export taxes, prohibitions, licensing requirements and other measures by which governments regulate the export of agricultural and industrial raw materials (minerals, metals and wood). Create your own customised tables and download the data.
OECD research shows that multilateral agreement to cut red tape in international trade would dramatically reduce trading costs and add a substantial boost to the global economy.