Global container shipping capacity remained flat though January 18, 2021, in contrast with the strong recovery observed from April to September 2020. Global merchandise trade has continued to recover in October and November 2020, with exports and imports growing by 1 to 2 percentage points compared to the previous months. The global recovery remains a multispeed process, with regions and income groups varying in their performance on a year-on-year (YoY) basis. On a month-on-month (MoM) basis, global services exports increased 2.5 percent in September and imports increased 2.9 percent. Globally, international tourist arrivals remained very low in October 2020.
Details
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Author
Ferrantino,Michael Joseph, Arvis,Jean Francois, Brenton,Paul, Constantinescu,Ileana Cristina, Dairabayeva,Karlygash Serikovna, Gillson,Ian John Douglas, Souza Muramatsu,Karen, Ulybina,Daria
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Document Date
2021/01/29
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Document Type
Newsletter
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Report Number
156213
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2021/01/28
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Disclosure Status
Disclosed
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Doc Name
COVID-19 Trade Watch (January 29, 2021)
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Keywords
percent change; transport equipment; maintenance and repair; container shipping; Global Services; trade flow; capital good; international tourist arrivals; medical product; global value chain; low growth rate; motor vehicle fuel; increase in capital; real time information; consumer goods; global export; import growth; data availability; industrial supplies; test kit; pension service; recreational services; merchandise trade; consumption; deutsche bundesbank; Learning and Innovation Credit; intra-eu trade; sectoral analysis; global trade; manufactured goods; Hotel Booking; viral transport; trade performance; international tourism; product category; global recovery; lackluster performance; global merchandise; protective clothing; oxygen masks; regional trends; merchandise export; aggregate data; goods export; charter flight; import increase; commercial passenger; import data; logistics information
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Citation
Ferrantino,Michael Joseph Arvis,Jean Francois Brenton,Paul Constantinescu,Ileana Cristina Dairabayeva,Karlygash Serikovna Gillson,Ian John Douglas Souza Muramatsu,Karen Ulybina,Daria
COVID-19 Trade Watch (January 29, 2021) (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/815541611849473725/COVID-19-Trade-Watch-January-29-2021