Substantial Increase in the First Half of World Merchandise Trade

ding to the World Trade Organization has releasedother countries and regions in the world trade is
the latest global merchandise trade statistics, in themore active than the intra-EU trade. Only in the
first half, continued growth of world merchandisesecond quarter, the trade volume within the EU than
trade increased by 25% in the second quarter of thein the first quarter decreased 2%, while only 11%
global export trade and import trade in individual netgrowth year on year, significantly lower than the EU's
rates of 7%, respectively, and also 6%.external trade volume was 21% and 17% growth
WTO trade report on the world's major trading area,rate. In other words, the overall situation, the EU's
and 90% of total world trade of 70 majorforeign trade volume and its growth rate would have
economies made a more specific import and exportbeen more than the traditional EU countries trade
trade, and found the following characteristics:with each other, this new trend as the first half of
First, the first half of the global merchandise tradeworld trade, one of the new features.
statistics by month, most trade body in April and MayFifth, Africa and the Middle East import and export
tend to decline in both import and export trade, buttrade and 10% respectively year on year and 35%
from the overall situation in June, most trade bodyof rapid growth. WTO's trade report that, the reason
has appeared stabilized recovery trend. This trendwhy these countries and regions to achieve such a
coincided with the major global economies, therapid growth of the root cause of the Asian and U.S.
gradual recovery as the economy appears the trenddemand, raw material prices Shangzhang.
of public consumption growth consistent withWTO had predicted in March this year, this year's
enthusiasm.global merchandise trade and 9.5% year on year
Second, trade data from the regional perspective,growth can be realized. Analysts here believe, in view
the first half of this year, commodity import andof the first half of the rapid rebound in world
export trade of Asian countries, respectively,commodity trade and the gradual recovery of the
compared with a year earlier increase of 38% andworld's major economies, the overall global trade
37% in the second quarter export growth last yeargrowth this year the situation will be more than the
exceeded 35%. Compared with the same period lastoptimistic forecast six months ago. Last year, global
year, Japanese imports and exports in the secondtrade has experienced over the past 70 years, the
quarter grew 35% and 41%, 33% and India's exportmost significant decline, down 12.2%.
and import growth of 32%.Therefore, this year and last year there was a
Third, the CIS countries this year, exports continuedsubstantial year on year is likely to increase.
to grow, an increase of 44%; the United States inAnalysts pointed out that the total global trade this
the first half of the export growth rate of 32% andyear will be another basis for rapid growth, with the
25%; Brazil imported 70-year rate of growth of mostU.S. economic recovery, improve the financial position
economies, an increase of 56% while exports are upof the European countries, as well as medium-sized
29% year on year growth.enterprises to increase cross-border mergers
Fourth, the second quarter of this year, the EUincreased investment in equipment and other items,
import and export growth rates of 14% over thethe global merchandise trade would also rapid growth.
previous year and 13%, and the European Union and