According to figures published by the Organisation for Economic Co-operation and Development (OECD) on Thursday 29 August, the downward trend in merchandise trade between G20 economies continues.
OECD statistics for the second quarter of 2019 show a contraction of 1.9% in exports and 0.9% in imports from G20 countries.
In the European Union, exports and imports fell by 1.7% and 2.3% respectively. It is the United Kingdom that has seen its trade shrink the most among EU countries, with exports falling by 7.1% and imports by 12.6%.
German exports also fell by 3%, with imports falling by 1.7%.
The EU's main trading partners are also experiencing a contraction in their exports: -5.3% in China and -1.1% in the United States.
Despite the rise in crude oil prices, Russian exports fell by 7.4%.
To consult these statistics: https://bit.ly/2lOe9EZ (Original version in French by Hermine Donceel)