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08 December 2019 The on-line newspaper devoted to the world of transports 03:23 GMT+1

April 7, 2011

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Original news
This year, the WTO provides an increase of 6.5% of world exports

In 2010, registered a record growth of 14.4%

According to economists of the World Trade Organization (WTO), after record surge of 14.4% of the total volume of world exports over the last year which is encouraging greater leap forward since 1950, the year in which the traveling series of statistical WTO, world trade in 2011 should settle on a lower growth rate of around 6.5% compared to a planned increase in the percentage of world gross domestic product by 3.1% (+3.6% growth GDP in 2010 and -2.4% drop in 2009).

The World Trade Organization found that the strong growth in 2010 has been a rebound from the collapse of 12% occurred in 2009 and then a return to peak in 2008 and to a more normal growth rate. However - he pointed to the WTO - the financial crisis and global recession, which led to the marked downturn in 2009, still continue to have an impact on world trade.

"The figures - said the Director General of WTO, Pascal Lamy - show that trade has contributed in 2010 leaving the global recession. However, the hangover caused by the financial crisis there is past. The high rate of unemployment in developed economies and the credit crunch in Europe will continue to fuel protectionist pressures. WTO members must remain vigilant and resist these pressures and to work for the opening of the market rather than for their closure. " "Stability - added - should be the name of the game for 2011."

The WTO noted that if this year the growth rate of 6.5% is reached, despite the impact of a series of negative events such as the recent earthquake and tsunami in Japan, the increase would more than +6.0% average annual scored between 1990 and 2008.

In 2010 the exports of developed economies registered a growth rate of 12.9% compared to a 16.5% average of the rest of the world. The greatest increase was +28.4% with that of China.


Vincenzo Miele

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