In the last quarter of 2010, international trade have accelerated in major world economies, especially in China where there have been record highs. In particular - has announced today the Organization for Economic Cooperation and Development (OECD) - Total exports from the G7 nations (U.S., Japan, Germany, United Kingdom, France, Canada, Italy) and the BRIC (Brazil, Russia, India and China) grew by 8% in the fourth quarter of last year compared to a 1% increase in the previous quarter, while imports increased by 7% to +1% in the third quarter of 2010.
In the last quarter of last year, Chinese exports grew by 3% to a value of 420 billion dollars, while imports in the Asian nation increased by 9% to 379 billion dollars resulting in reduced trade surplus of 17 billion dollars to a total of 41 billion dollars.In the U.S., where exports and imports increased by 5% and 1%, the trade deficit fell to 152 billion dollars compared to 160 billion in the third quarter of 2010.
In the last quarter of last year, Germany's trade surplus grew by $ 10 billion, reaching $ 54 billion due to an increase of 7% of exports and an increase of 4% of imports. Marked increase in the trade surplus in Russia and South Africa, where exports showed an increase by 19% and 14%. In India, exports increased by 21% resulting in a significant contraction in the trade deficit.
In the UK imports and exports both rose by 5%, while imports recorded a growth rate more markedly than imports in France (+5% import, export +2%), Italy (+9% import, +7% exports), Japan (+5% import, export +4%) and Brazil (+4% import, export +1%). In Canada, exports grew by 6% and imports rose by 3% resulting in a slight trade surplus, the first since the third quarter of 2009.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In the last quarter of 2010, international trade have accelerated in major world economies, especially in China where there have been record highs. In particular - has announced today the Organization for Economic Cooperation and Development (OECD) - Total exports from the G7 nations (U.S., Japan, Germany, United Kingdom, France, Canada, Italy) and the BRIC (Brazil, Russia, India and China) grew by 8% in the fourth quarter of last year compared to a 1% increase in the previous quarter, while imports increased by 7% to +1% in the third quarter of 2010. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
