Sunday, December 12, 2010

World trade has local signs of improvement

United States, Germany and Japan, and other world trading country recently released data show that in spite of the overall trade situation remains critical, but the country's foreign trade in the beginning of this year after shrinking is active. Warmer world economy, particularly the strong growth of the Chinese economy driven world trade appear local signs of improvement.

Growth in the United States imports and synchronization

United States Department of Commerce recently published foreign trade data show that the United States from foreign trade deficit in September August 307 billion to $ 365 billion, significantly higher than economists expected. Where imports of 1684, ring than 5.8%, exports of $ 1320, ring than 2.9 percent, this is already the fifth month export increase. Export and import synchronization growth, shows that the United States in foreign trade is active.

Early this year, accompanied by a sharp decline in world trade, the United States trade downturn, which imports than exports decline of deeper, and therefore the trade deficit, and in May this year, to $ 260. This is since November 1999, the United States foreign trade deficit of the minimum value.

United States trade for a restorative growth of root cause is the United States economy is in a resuscitation status. The third quarter of the United States economic growth 3.5% two years represent the best of a quarter. Although the United States, the unemployment rate has reached 10.2%, 26-year high, but the Government's economic stimulus plan to ease a lot of unemployment on United States economic harm to consumers and businesses to expenditure, which in turn contributed to increased imports. United States Government launched the car trade-in program that stimulated the automobile sales, increased import demand for automotive parts, automotive manufacturers have begun to rebuild stocks. Government to provide first-time homebuyers 8000 USD tax benefits, but also to stimulate the housing sales, spurred on the import of construction materials and equipment needs.

United States exports increase, partly due to the Asian and European economic recovery has increased the demand for the United States, but more important is affected by the depreciation of the dollar. Since March this year, the US dollar depreciation accumulated nearly 20 percent, significantly enhance the competitiveness of the United States products. The dollar fell by export growth, driven by a United States economy a major bright spot.

Germany's foreign trade situation "step by step improvement"

Germany's economy is heavily dependent on exports. This year from May to July, Germany export growth in 3 consecutive months, but August ring than unexpectedly appeared the breathing-2.8% decline. However, deguolianbangtongjiju 9 November release of the results displayed at the beginning of the cloth, Germany's foreign trade turnover in September compared with August exports rebounded, ring 3.8% to $ 700 billion euro (1 euro is approximately 1.49 USD), imports of ring than increasing 5.8% to $ 594 million euros.

As far as Germany Handelsblatt, Germany's foreign trade situation improved, has been the growth of industrial production. Germany Ministry published data show that industrial production in Germany for five consecutive quarters of decline in the third quarter of this year after the first ring than growth, an increase of 3.5%. Germany responsible for foreign trade Chambers of Commerce and industry of Axel · nitica believes that China and the Arab region to Germany product requirements to maintain strong momentum, in particular Germany's machinery and equipment, automobile and other product popularity is an important reason; in addition, States in the implementation of economic stimulus plan, but also to Germany. In his view, the September data that Germany's situation as "a step by step improvement", the next few months is expected to continue to grow. Although overall exports of Germany this year will be reduced by 10%, but in the medium to see most people are still quite optimistic, especially Germany enterprise with China, India and Brazil have great confidence in expanding the business.

Looking ahead, nitica view, oppose protectionism is vital, because now when some countries in the tender priority of national enterprises. Germany wholesale, trade and services sector Federal Association President Anton · bolnet emphasized the improvement of the business loan conditions of vital importance. In his view, Germany's economy is in a slow recovery period, the enterprise to increase investment and operational needs of the required funds.

Japan trade surplus year-over-year growth

Japan finance province recently announced the first half of fiscal 2009, i.e., 4-9-month trade statistics preliminary data indicate that Japan foreign trade continues to decline considerably, but the trade surplus up sharply, reaching about 1.95 trillion yen (us $ approximately 1 90 yen), is in the same period last year 2.5 times. The main reason for this is to export affected by the downturn in external demand continued to significantly reduce the burden, but benefit from crude oil, natural gas and other energy prices have increased imports declined.

Specific data from view in the first half of Japan's total exports, about 27.27 trillion yen, year-over-year decline 36.4%, imports about 25.32 trillion yen, year-over-year decline 39.9%, are for two and a half years of year-over-year decline. Among them, the automobile and related parts of the United States and European exports are reduced by 40%. Because of the iron and steel and chips and other electronic products market downturn that Japan's exports to Asia have been reduced by 30%.

At the same time, published September trade surplus of approximately 5200 billion yen, an increase of about 4.7 times. The recovery in exports to China, and other factors, this digital record from last year's financial crisis. In September of this year's total export value of over 5.1 trillion yen, year-over-year decrease 30.7%, imports more than 4.58 trillion yen, year-over-year decrease 36.9%. These data indicate that preliminary stabilised in the global economy, Japan exports drop start slowing down. Interestingly, Japan September exports to Asia have been signs of improvement, appeared on Chinese exports a significant increase in January this year, 92%. Japan finance province believes that China's policy of expanding domestic demand exports to Japan played a driving role.

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