OECD: G20 total international merchandise trade declines in the first quarter

Market news

1 June 2016

OECD: G20 total international merchandise trade declines in the first quarter

OECD released its G20 total international merchandise trade data on Tuesday. G20 total international merchandise trade, seasonally adjusted and expressed in current US dollars, declined in the first quarter of 2016 due to further drop in oil prices. Exports slid by 3.8% in the first quarter, while imports plunged by 4.1%.

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