| World trade volume is 0.3% lower in May compared with April. Imports increased in the eurozone (+1.3%), other advanced economies (+2.2%) and Latin America (+1.2%); while they contracted in Japan (-3.1%), other advanced Asia (-2.6%) and emerging Asia excluding China (-6.0%). Imports were roughly stable in China, the United States and the United Kingdom. Exports increased in the United Kingdom (+7.8%), the eurozone (+1.9%), and advanced Asia excluding Japan (1.6%); but contracted in China (-3.7%), other emerging Asia (-7.1%) and the United States (-1.9%). The momentum of world trade stands at 3.1%. Industrial production decreased Month-on-Month with 1.1%, mostly driven by Japan (-6.5%), China (-1.6%) and other emerging economies (-4.0%), while the momentum is 0.3%. |
