World trade has not been fallen so big for 70 years

By: trademagazin Date: 2010. 03. 29. 00:11

The volume of world trade decreased by 12.2 percent in 2009 – notified the World Trade Organization. The WTO has officially confirmed that China – ahead of Germany – became the world's number one exporter.

Last year, world trade turnover in value decreased by 23 percent, from the 16.1 trillion USD of 2008 to 12.5 trillion.
World trade turnover volume will reach the 2008 level in 2011, if the projected 9.5 percent growth of this year will fullfill.
According to the WTO’s forecasts: the exports of the emerging countries – notably China, India and Brazil – are expected increse by 11 percent compared to last year – reports Népszabadság Online.



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