Saturday, December 18, 2010

The WTO forecasts this year trade 13.5%

According to Xinhua electro world economists forecast 20 may, 2010 World trade volume growth will reach 13.5%.

According to the forecast, industrialized countries merchandise exports will grow by 11.5% (15.3% decline in 2009). Including developing countries and the CIS countries, other national commodity exports will grow by 16.5% (2009 decline 7.8%).

Economist explained that the previous forecast of world trade will increase 10% increase reflects the increase in forecast of world trade rose faster.

The WTO's economists forecast of world trade growth is based on the world economy grew 3% in 2010, the developed countries, developing countries growth 2.1% and CIS 5.9 percent.

According to the World Trade Organization (WTO) statistics, 2010 forecast growth of world trade since 1950 will be of the highest growth rates. Mainly due to the GDP of developed and developing countries.

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