The value of world merchandise trade was 18% higher in the third quarter of 2010 than in the same period of 2009, according to the latest WTO quarterly figures. However, this marks a slowdown in comparison with the 26% increase registered in the second quarter of 2010.
From January to September trade expanded by 23%, continuing the recovery that began in the second quarter of 2009. Despite this positive trend, the value of world trade remains below its peak level from before the present financial crisis. (The chart on the left shows world merchandise exports, Q12005=100).
The chart below shows monthly merchandise trade, aggregate of 70 economies, January 2008=100