Paris, 01 March 2016 News Release G20 International Merchandise Trade Statistics
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Global trade slowdown continues in Q4 2015
G20 total international merchandise trade, seasonally adjusted and expressed in current US dollars, continued to contract in the fourth quarter of 2015. Exports fell for the sixth consecutive quarter (by 1.6% in Q4 2015), while imports fell for the seventh consecutive quarter (by 1.9%).
Export values fell significantly in Q4 2015 across large oil exporters including Canada (by 5.4%), Russia (2.2%), Indonesia (7.9%) and Saudi Arabia, reflecting falling oil prices and an appreciating US dollar. In South Africa and Brazil, imports continued to contract (by 6.2% and 9.2% respectively) to close to their lowest levels in six years.
Imports also fell significantly in India (by 8.1%). In the United States imports fell for the sixth straight quarter (by 2.7%), with exports also declining for the second consecutive quarter (by 3.5%). In Mexico, exports and imports were down by 2.3% and 2.8% respectively.
Amongst G20 economies only China (up 0.3%) and Turkey (3.3%) saw exports grow in Q4 2015. Imports also grew in both countries, by 1.0% and 4.3% respectively.
Exports and imports by the European Union (EU28) fell for a sixth consecutive quarter, by 1.0% and 1.4%
respectively, with exports falling in France (by 0.3%), Germany (2.3%) and the United Kingdom (1.4%) while they remained unchanged in Italy. Imports picked up, however, in France and the United Kingdom by 0.9% and 0.3%
respectively.
For the year 2015 as a whole, G20 exports fell by 11.3% while imports fell by 13.0%. Declines in both imports and exports were recorded in all G20 economies in 2015. Saudi Arabia recorded the largest fall in exports over the period while Russia recorded the largest fall in imports, (in both cases by more than 35%).
G20 total international merchandise trade Seasonally adjusted, current prices and US$ billion
Values Percentage variations
1500 2000 2500 3000 3500 4000
G20 Exports G20 Imports
-25 -20 -15 -10 -5 0 5 10 15
G20 Exports G20 Imports
Paris, 03 December 2015 News Release G20 International Merchandise Trade Statistics
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G20 total international merchandise trade Seasonally adjusted, current prices and US$ billion
Quarters 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 G20 Export 3602.7 3578.1 3625.2 3618.2 3496.2 3237.5 3196.9 3157.9 3109.0 Import 3622.0 3678.4 3662.0 3633.1 3492.7 3201.4 3165.9 3136.6 3076.0
Australia Export 63.7 64.7 60.4 59.7 55.8 51.5 46.4 46.7 44.5
Import 57.1 58.0 59.3 57.2 53.5 50.8 52.6 48.7 48.5
Brazil Export 62.8 58.7 58.8 57.7 50.1 50.3 49.6 45.8 45.7
Import 58.2 60.5 57.5 57.9 53.5 51.5 44.1 40.2 36.5
Canada Export 115.2 114.0 120.4 123.0 118.0 104.4 102.8 103.5 97.9
Import 115.5 111.8 117.8 118.4 115.7 106.8 108.1 103.9 100.3
China Export 560.8 541.7 574.4 606.7 605.9 582.4 563.4 570.9 572.6
Import 489.7 508.4 486.4 489.8 477.0 420.8 421.6 416.6 420.6
EU 28 Export 1560.5 1572.1 1576.0 1540.0 1478.4 1352.8 1351.3 1347.5 1334.5 Import 1525.9 1540.9 1551.3 1519.1 1429.4 1314.2 1305.6 1303.3 1285.4
France Export 148.6 149.1 148.3 144.2 140.1 127.0 127.4 126.2 125.8
Import 174.2 174.0 174.0 172.5 158.8 144.2 142.2 142.8 144.0
Germany Export 374.6 378.0 381.6 376.4 362.2 334.1 332.4 334.9 327.1
Import 303.2 309.9 310.6 300.6 285.8 264.5 260.0 264.3 258.6
India Export 80.2 79.3 81.9 81.1 80.7 67.9 69.0 66.6 64.1
Import 108.5 110.7 113.6 121.3 117.2 96.2 99.5 101.9 93.7
Indonesia Export 46.9 45.9 44.9 43.7 42.0 40.5 39.7 36.6 33.7
Import 46.1 45.7 45.5 43.7 43.6 38.8 36.2 33.5 34.6
Italy Export 133.6 135.9 136.1 132.3 126.7 116.5 114.5 113.8 113.7
Import 122.9 121.8 123.1 119.0 112.2 103.3 103.9 101.5 99.6
Japan Export 179.6 172.1 172.4 176.1 169.8 163.4 155.5 154.1 152.1
Import 214.0 218.5 201.5 203.2 189.3 171.9 161.4 162.2 153.2
Korea Export 142.4 142.9 142.4 143.9 143.4 138.5 132.3 130.2 126.4
Import 131.8 133.5 130.5 133.2 128.8 111.8 110.3 109.0 105.5
Mexico Export 95.7 96.4 99.5 100.1 100.6 95.8 95.3 96.1 93.9
Import 93.3 98.3 100.8 99.6 101.2 98.4 99.7 100.2 97.4
Russia Export 131.6 131.0 132.3 126.0 109.6 96.0 91.3 78.1 76.4
Import 83.3 86.6 81.3 76.2 66.7 53.6 48.4 47.6 45.8
Saudi Arabia Export 97.9 97.3 93.7 88.1 74.6 55.4 59.9 49.0
Import 41.0 40.9 40.3 39.9 41.7 41.7 40.5 36.8
South Africa Export 23.5 23.8 22.6 22.5 22.4 21.3 21.8 20.2 18.5
Import 24.7 25.5 24.8 24.9 24.5 23.6 21.5 21.0 19.7
Turkey Export 38.5 40.4 40.0 39.3 38.3 37.3 36.4 34.6 35.8
Import 63.3 60.6 60.7 59.2 61.9 54.9 52.9 48.6 50.7
United Kingdom Export 119.5 121.6 119.9 117.5 115.1 106.7 111.4 105.8 104.3
Import 164.9 168.4 170.9 170.1 164.0 155.1 152.9 150.7 151.2
United States Export 403.4 397.9 405.6 410.3 406.8 380.2 382.1 378.0 364.7
Import 569.6 578.6 590.7 589.6 588.8 566.5 563.5 563.0 548.1
Paris, 01 March 2016 News Release G20 International Merchandise Trade Statistics
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G20 total international merchandise trade Percentage variations
Quarters 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4
G20 Export -0.7% 1.3% -0.2% -3.4% -7.4% -1.3% -1.2% -1.6%
Import 1.6% -0.4% -0.8% -3.9% -8.3% -1.1% -0.9% -1.9%
Australia Export 1.5% -6.6% -1.3% -6.5% -7.8% -9.8% 0.7% -4.8%
Import 1.5% 2.3% -3.5% -6.6% -4.9% 3.4% -7.3% -0.5%
Brazil Export -6.5% 0.2% -1.8% -13.3% 0.4% -1.2% -7.7% -0.3%
Import 3.9% -4.9% 0.6% -7.5% -3.7% -14.4% -8.8% -9.2%
Canada Export -1.0% 5.6% 2.1% -4.1% -11.5% -1.6% 0.7% -5.4%
Import -3.2% 5.3% 0.5% -2.2% -7.7% 1.3% -3.9% -3.5%
China Export -3.4% 6.0% 5.6% -0.1% -3.9% -3.3% 1.3% 0.3%
Import 3.8% -4.3% 0.7% -2.6% -11.8% 0.2% -1.2% 1.0%
EU 28 Export 0.7% 0.2% -2.3% -4.0% -8.5% -0.1% -0.3% -1.0%
Import 1.0% 0.7% -2.1% -5.9% -8.1% -0.6% -0.2% -1.4%
France Export 0.3% -0.6% -2.7% -2.8% -9.4% 0.3% -0.9% -0.3%
Import -0.1% 0.0% -0.9% -8.0% -9.2% -1.4% 0.4% 0.9%
Germany Export 0.9% 1.0% -1.4% -3.8% -7.8% -0.5% 0.8% -2.3%
Import 2.2% 0.2% -3.2% -4.9% -7.4% -1.7% 1.7% -2.2%
India Export -1.2% 3.3% -1.0% -0.6% -15.8% 1.6% -3.5% -3.8%
Import 2.1% 2.6% 6.8% -3.4% -17.9% 3.4% 2.5% -8.1%
Indonesia Export -2.0% -2.3% -2.7% -3.9% -3.5% -1.8% -7.8% -7.9%
Import -0.9% -0.5% -3.9% -0.2% -11.0% -6.6% -7.4% 3.1%
Italy Export 1.7% 0.2% -2.8% -4.2% -8.0% -1.8% -0.6% 0.0%
Import -0.9% 1.0% -3.3% -5.7% -7.9% 0.5% -2.3% -1.8%
Japan Export -4.2% 0.2% 2.2% -3.6% -3.7% -4.8% -0.9% -1.3%
Import 2.1% -7.8% 0.8% -6.8% -9.2% -6.1% 0.5% -5.5%
Korea Export 0.3% -0.3% 1.1% -0.3% -3.4% -4.5% -1.6% -2.9%
Import 1.3% -2.2% 2.0% -3.3% -13.2% -1.4% -1.1% -3.3%
Mexico Export 0.7% 3.2% 0.6% 0.5% -4.7% -0.5% 0.8% -2.3%
Import 5.4% 2.5% -1.2% 1.6% -2.8% 1.3% 0.5% -2.8%
Russia Export -0.5% 1.0% -4.8% -13.0% -12.4% -4.9% -14.4% -2.2%
Import 3.9% -6.1% -6.3% -12.4% -19.6% -9.7% -1.8% -3.8%
Saudi Arabia Export -0.6% -3.7% -5.9% -15.4% -25.7% 8.2% -18.3%
Import -0.3% -1.5% -1.0% 4.5% 0.0% -2.8% -9.3%
South Africa Export 1.1% -5.0% 0.0% -0.7% -5.0% 2.7% -7.5% -8.3%
Import 2.9% -2.7% 0.6% -1.6% -3.9% -8.6% -2.3% -6.2%
Turkey Export 4.9% -1.0% -1.7% -2.4% -2.8% -2.2% -5.0% 3.3%
Import -4.4% 0.2% -2.5% 4.5% -11.3% -3.6% -8.1% 4.3%
United Kingdom Export 1.8% -1.3% -2.0% -2.1% -7.3% 4.3% -5.0% -1.4%
Import 2.1% 1.5% -0.4% -3.6% -5.4% -1.4% -1.4% 0.3%
United States Export -1.4% 1.9% 1.2% -0.9% -6.5% 0.5% -1.1% -3.5%
Import 1.6% 2.1% -0.2% -0.1% -3.8% -0.5% -0.1% -2.7%
Paris, 03 December 2015 News Release G20 International Merchandise Trade Statistics
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G20: Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union. See remarks on G20 and Argentina in the methodological notes.
The G20 aggregate is derived as the seasonally adjusted data of the individual economies.
>> Methodological Notes:
Further methodological information can be downloaded from:
http://www.oecd.org/std/its/OECD-G20-trade-technical-note.pdf
>> Access data:
The online dataset is available at:
http://stats.oecd.org/Index.aspx?datasetcode=MEI_TRD
>> Contacts:
For further information journalists are invited to contact the OECD’s Media Relations Division on (33) 1 45 24 97 00 or at news.contact@oecd.org; others should contact the OECD Statistics Directorate at stat.contact@oecd.org.
>> Next release 31 May 2016
