Tuesday, February 22, 2011

WTO 2010 first quarter global commodities grew 25 percent

The World Trade Organization on February 2, 2010 first quarter global merchandise trade volume growth of 25%, of which Chinese exports grew 29% year to year growth in imports than 65%.

Comprehensive news agency reported on 2 June, the World Trade Organization (WorldTradeOrganization, WTO) announced on February 2, increased import demand from Asia and commodity price rises, in the first quarter of 2010 global merchandise trade volume growth of 25%.

Data show that in the first quarter of 2010, the United States and European exports more 09 20% growth year over year, China's export volume growth of 29% from a year earlier; Africa and the Middle East than the growth in exports of 53%, former CIS countries exports, more than 54% growth.

The biggest increase in import demand were China and India. In the first quarter of the Chinese imports increased by 65%, 55% growth in India. The entire Asian region imports over growth of 45%.

At the same time, commodity prices rose sharply. Crude oil prices in the first quarter a year earlier to rise by more than 70%, metals prices close to 60%.

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