Skip to content

Value of world trade trends

HomeSchrubbe65313Value of world trade trends
28.12.2020

World Trade Statistical Review 2019. World Trade Statistical Review 2019 looks into the latest developments in world trade, with a detailed analysis of the most recent trends for trade in goods and services. World Trade Statistical Review 2017 looks into the latest developments in world trade, with a detailed analysis of the most recent trends for trade in goods and services. Permission to make digital or hard copies of any information contained in these web pages is granted for personal or classroom The value of merchandise trade was up 10% to US$ 19.48 trillion in 2018, partly due to higher energy prices. The value of commercial services trade rose 8% to $5.80 trillion in 2018, driven by strong import growth in Asia. The next chart plots the value of trade in goods relative to GDP (i.e. the value of merchandise trade as a share of global economic output). Up to 1870, the sum of worldwide exports accounted for less than 10% of global output. Today, the value of exported goods around the world is close to 25%. In Euler Hermes’ 2019 forecast, they predict service exports to be the fastest-growing trade economic sector, with an estimated global growth of $365 billion USD, similar to 2018 growth levels.

24 Sep 2019 In 2018, the global trade value of goods exported throughout the Trends in global export volume of trade in goods from 1950 to 2018 (in 

General trends in world trade in 2018; World trade and GDP in early 2019; Data Merchandise trade; Trade in commercial services; Global value chains, 2005-  Let's now zoom in on country-level trends over this long and dynamic period. This chart plots estimates of the value of trade in goods, relative to total economic  of world trade in goods and services to the total value of world output. This is a commonly used measure for globalization trends (Chart 1). This indicator has  24 Sep 2019 In 2018, the global trade value of goods exported throughout the Trends in global export volume of trade in goods from 1950 to 2018 (in 

Chapter II | Trends in world trade: Looking back over the past ten years. 11. World exports of commercial services totalled US$ 4.8 trillion in 2016, up from US$ 2.9 trillion in 2006. Travel and other commercial services have increased the most, with both being 1.7 times higher than in 2006.

The next chart plots the value of trade in goods relative to GDP (i.e. the value of merchandise trade as a share of global economic output). Up to 1870, the sum of worldwide exports accounted for less than 10% of global output. Today, the value of exported goods around the world is close to 25%. In Euler Hermes’ 2019 forecast, they predict service exports to be the fastest-growing trade economic sector, with an estimated global growth of $365 billion USD, similar to 2018 growth levels. Key Statistics and Trends in International Trade 2018. 12 UNCTAD – Division on International Trade and Commodities. Intermediate products represent almost half of world goods trade (about US$ 7.5 trillion in 2017), with consumer products amounting to about a quarter (US$ 4 trillion in 2017). Trends in world trade: Looking back over the past ten years 11 A decline in world commodity prices had a significant impact on the value of global merchandise trade in 2015. World energy prices dropped by 45% in 2015. 45% The ratio of merchandise trade to GDP fell sharply in 2009 following the economic crisis but bounced back quickly in 2010-2011. In 2018, the global trade value of goods exported throughout the world amounted to approximately 19.5 trillion U.S. dollars. In comparison, this figure stood at around 6.45 trillion U.S. dollars Chapter II | Trends in world trade: Looking back over the past ten years. 11. World exports of commercial services totalled US$ 4.8 trillion in 2016, up from US$ 2.9 trillion in 2006. Travel and other commercial services have increased the most, with both being 1.7 times higher than in 2006. Here we detail about the four important trends in the value of India’s foreign trade. 1. Huge Growth in the Value of Trade: Table 7.1 reveals that the total value of foreign trade which was Rs. 1,972 crore in 1950-51, gradually increased to Rs. 2,835 crore in 1960-61 and then to Rs. 3,487 crore in 1965-66.

World exports of goods and services (excluding intra-EU trade) reached nearly EUR 16 trillion in 2017 In 2017, the global value of exports of goods and services was EUR 15.9 trillion (or EUR 15 900 billion ).

World Trade Statistical Review 2017 looks into the latest developments in world trade, with a detailed analysis of the most recent trends for trade in goods and services. Permission to make digital or hard copies of any information contained in these web pages is granted for personal or classroom

General trends in world trade in 2018; World trade and GDP in early 2019; Data Merchandise trade; Trade in commercial services; Global value chains, 2005- 

17 Sep 2019 Australia is the world's largest exporter of iron ore. for approximately 9 per cent of the Australian economy (based on industry value added at  30 Jul 2019 “If trade is to pick up in 2019-20, trade tensions must be resolved,” he said. The value of world merchandise exports was $19.48 trillion in 2018,  In particular, since China's accession to the World Trade Organization (WTO), Integration into international production networks and global value chains has seen Li, K. and Wang, X. (2009), China's foreign trade: Trends and issues after