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World Trade Flows Grew at Slowest Pace Since Financial Crisis in 2016

Posted February 27, 2017

Under Economic Issues, International Trade Issues

(Hellenic Shipping News)

International trade flows grew at the slowest pace since the financial crisis in 2016, but there were signs of a modest pickup as the year drew to a close.

The Netherlands Bureau for Economic Policy Analysis said on Friday that the volume of exports and imports of goods was 1.2% higher than in 2015, marking a slowdown from the 2% rate of growth recorded in the preceding year and the smallest rise since volumes crashed in 2009.

However, there were signs exports and imports might be reviving, with volumes up 1.1% in the final three months of the year compared with the third quarter, almost double the rate of increase in the three months to September. Click here to read more.

Related: CBP World Trade Monitor – December 2016