São Paulo – The flow of trade dropped in most of the main world economies, according to a study disclosed on Wednesday (30) by the Organisation for Economic Co-operation and Development (OECD). The institution considered the G7 and the Brics (Brazil, Russia, India, China and South Africa). The figures consider the second half in comparison with the first.
There was retraction in exports and imports of France (2.5% and 4.7%, respectively), Germany (2.5% and 3.5%), Italy (2.4% and 2.8%), United Kingdom (4.2% and 1.1%), India (4.3% and 13%), Russia (8.3% and 4.6%) and South Africa (8.3% and 0.7%).
There were reductions in the imports of Canada (0.3%) and United States (0.5%), but the exports of both nations rose – 0.6% in the case of the former and 1.1% in the case of the latter. In Brazil the opposite happened, increase of 3.1% in imports and a reduction of 4.6% in exports.
China and Japan were exceptions. Chinese exports grew 12.8% after two quarters of reduction – this was the greatest expansion since the first quarter of 2007 – and imports rose 2.5%. Foreign sales of Japan had growth of 1.6% and imports grew 0.4%, according to the OECD.
*Translated by Mark Ament