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Asia Fuels Revival in Trade Flows

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Created 03/03/2010 - 12:21am

News [1]

Asia Fuels Revival in Trade Flows

by CFO Innovation Staff, 03 March 2010
topics:
Metrics [5]
tags:
Netherlands Bureau for Economic Policy Analysis [6] trade flows [7]
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Figures released by the Netherlands Bureau for Economic Policy Analysis (CPB) Monday showed world trade volumes increased for the fourth straight month in December 2009, signalling that the global economy is bouncing back, reports the Wall Street Journal [8].

 

The newspaper notes that trade volumes rose 4.8% from November, having jumped 1.1% in that month. Citing figures from CPB, the Journal says that in December, developing economies continued to lead the revival in trade flows. Imports to developing economies went up 7.8% from November, fuelled by a 12.2% increase in Asian imports. Meanwhile, exports from developing economies rose 6.3%, with Asia again leading the way as its exports rose 7.6%.
 

Original Article URL: 
World Trade Recovery Gains Momentum [9]
Orignal Author: 
CFO Innovation Staff
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Original Article URL:
World Trade Recovery Gains Momentum [9]
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