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EXPORT RESTRICTIONS ON INDUSTRIAL RAW MATERIALS
Export restrictions on critical raw materials rise sharply amid growing demand
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New OECD data show export restrictions for critical raw materials becoming increasingly widespread as demand surges, driven by the green and digital transitions and rising concerns over economic security.
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Downswings were recorded for over half of OECD economies and other major FDI recipients, such as China
Trends in foreign direct investment (FDI) inflows in 2024 remain heavily influenced by large fluctuations in selected European economies. While overall, in the OECD area, FDI inflows rose by 2%, they actually declined by 7% when excluding these large fluctuations. Over half of OECD economies saw lower inflows, particularly in EU countries. The United States remained the top destination for FDI inflows worldwide in 2024 (USD 308 billion), followed by Luxembourg (USD 106 billion) and Canada (USD 64 billion).
FDI flows in G20 non-OECD economies dropped by 30%. China saw a continued decline for the third consecutive year, and received less FDI than India and Indonesia (with Indonesia being the only G20 non-OECD economy to report an increase in FDI inflows). Argentina experienced sharp decreases too, due to movements of intra-company loans.
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