CPB World Trade Monitor April 2020

De CPB World Trade Monitor shows a historical decline in the world trade volume in April of 12.1% compared with March. Exports fall back significantly in a couple of region’s: -23% for both the eurozone and the US, -21% for Latin-America, -14% Japan, and -11% for other advanced economies. Imports decline most significantly in Latin-America (-18%), the eurozone (-17%), the US (-11%), and other advanced economies (-15%). The growth in world trade during the months February-April compared with the three months prior to that is -7.2%. None of the regions shows a plus, and the eurozone shows the most negative development (-13% exports, -11% imports).
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