Monday, December 27, 2010

Japan External Trade Organization report: 2009 global trade volume declined 23%

On 24 August, the Japan External Trade Organization released the 2010 edition of the world investment report, after the financial crisis of the world economic downturn, 2009 in the context of global trade and direct investment are a substantial reduction, since 2001, these two indicators for the first time at the same time lower than the previous year level.

The report shows that the total amount of the global trade in 2009 (exports) year decline 23.0% to 12.295 trillion, hit a 1949 have comparable data on the largest decline since. 2008 autumn after the outbreak of the financial crisis in the global economy into recession, demand in the doldrums, coupled with the commodities such as oil prices decline makes trade volume reduction. Affected by the reduction of cross-border mergers and acquisitions and corporate equipment investment cautious, etc, the 2009 global direct investment down to 1.1326 trillion. Japan plunged by 51.8% to $ 118.

The report noted that the impact of the financial crisis, the global economy 2009 appear negative growth for the first time after the war, while in China and India-based Asian countries in the global economic downturn is still maintain relatively gaozengsu, played a leading role. Developed countries, the United States economy to recover more rapidly, but Europe is due to financial problems the slow recovery process. According to statistics, 2009 China in occupies global exports by nearly 10% of the share, surpassing Germany's first largest exporter. The report states that in the first quarter of 2010 18 major countries and regions of the total export value increased 27.7% forecast for this year's global trade will rebound in Asia as main.

By the World Bank as a "green product" 43 products trade totalled US $ 1825, 5 years doubled, accounting for the proportion of the total global trade to 1.5%. Japan's exports of such products in Germany, China and the United States after the 4 bits, of which about 80% of the solar panels, and other renewable energy generating equipment.

The report shows that the 2009 Japan exports for 5808 billion, an decrease 25.2%, imports declined 5525 billion, an increase of 27% from 2001 to present again decline both import and export. The report finds that in countries such as China, Viet Nam's services market as well as to Asian-centric infrastructure and environmental protection market, Japan is a tremendous business opportunities for enterprises.

Related reading: at 2012 said last year the total reduction of global trade to China's largest exporter

No comments:

Post a Comment