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14 December 2019 The on-line newspaper devoted to the world of transports 11:25 GMT+1



November 28, 2019

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Original news
It continues the decrease of the international commerce of the nations of the G20

In the third trimester the slow down has been particularly pronounced in the European Union

In the third trimester of this year the trend to the decrease of international the commercial exchanges of the nations of the G20 is continued that has been approached the level more low of last the two years. The Organization for Economic Cooperation and Develop (OCSE) has announced today that, regarding according to trimester of 2019, in the quarter next the destagionalizzati and expressed data in dollars shown a decrease of -0,7% of the exports and decrease of the -0,9% of the imports, bendings - it has specified OSCE - due partially because of a decrease of the prices of the oil almost the -20% and of the amortization of the majority of currencies regarding the USA dollar.

In the third trimester of the 2019 commerce she has remained weak person in all the regions of the G20 and the slow down has been particularly pronounced in the European Union, with the exports and the imports in contraction respective of the -1,8% and of -0,4%. In particular, the exports and the imports are diminished in all the main economies of the EU, with a reduction respective of the -3,6% and the -1,7% in France and respective of the -0,4% and the -1,8% in Germany. In Italy the commerce is diminished for the sixth consecutive trimester since the exports and the imports are dropped of the -1,2% and of -1,0%. In the United Kingdom, partially because of a meaningful reduction of the value of the pound (in bending of the -4,3% regarding the USA dollar) and of the continuous uncertainty on the Brexit, the exports are diminished of the -3,3% and the imports of -1,6%.

The imports have been weak people also in the main Asian economies, with a contraction of the -9,7% in India, -2,3% in Korea, -1,8% in China and -0,4% in Indonesia. In Japan, instead, the imports are increased of +0.5% as the yen have strengthened in confront of the dollar. The exports have generally held better in the Asian region, increasing of +4.1%, +2.2% and +1.6% respective in Indonesia, Japan and China, but they have recorded a contraction in India (- 3.1%) and Korea (0%). 4%). Reflecting the decrease of the prices of the oil, the exports of Saudi Arabia are diminished of -6,8%.

In America North, the American exports are diminished light of the -0,2% while the imports are diminished of -0,7%. The American exports in China remain very beneath of the levels observed before the recent bilateral commercial tensions, in spite of a resumption in according to trimester (- 1.9%), and the imports from China in the United States are diminished of 2.1%. The exports and the imports of Mexico are diminished (- 0.2% and -0,4%), while Canada has recorded a decrease of the exports of a -1,7% but rise of +0.4% of the imports.

In South America, the Brazilian exports are diminished of the -3,5%, while the imports are increased of +15.3%, partially because of the peak of the imports as a result of the promulgazione to end 2017 of the so-called Repetro law that has introduced fiscal incentives in favor of the industry oil & gas. A meaningful increase of shipments in China has fed the Argentine exports (of +5.1%, the greater increase between the members of the G20 in the third trimester of 2019).

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