Trade flows continue to collapse across G7

oecd-logo

The Organisation for Economic Cooperation and Development (OECD) on Wednesday reported that the unprecedented fall in global trade in the final quarter of 2008 had continued in the three months to March.

Quarter-on-quarter, the OECD data showed G7 exports fell by 13.6% and imports by 10.5% in the first quarter. Year-on-year exports plunged by 22.8% and imports by 16.8%. The data were based on figures for merchandise trade.

Japan was the worst hit, with exports contracting by more than a quarter

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.