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International trade and balance of payments statistics

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G20 international merchandise trade continued to contract in fourth quarter of 2019 

 G20 total international merchandise trade
 current prices and US$ billion, s.a.

G20 international merchandise trade continued to contract in fourth quarter of 2019

27/02/2020 - International merchandise trade (in current US dollars, seasonally adjusted) in the G20 continued its downward path in the fourth quarter of 2019. Compared with the third quarter of 2019, exports contracted by 0.1% and imports by 1.3%, and now stand at their lowest levels in two years. Evidence of significant disruption to Asian (in particular) supply chains related to the Covid-19 outbreak suggests that this downward trend is likely to continue into the first quarter of 2020. 

 

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