Real time indicators show merchandise trade recovering in June and July. Trade data in June, available for 22 countries, show exports were, on average, down 5.8 percent year-on-year (YoY) compared with a 25 percent drop for the same group in May. Ship tracking data show that container capacity was just 2.6 percent below last year’s level in mid-July, signaling a rebound of trade and GVC activities. China and East Asia had the strongest recovery patterns;...
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2020/07/31
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151353
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2020/07/31
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Disclosed
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COVID-19 Trade Watch (July 31, 2020)
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percent change
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