Word trade increased with 0,3% in February 2021. Trade growth is fueled by growth in emerging Asia (excluding China) for both imports (+ 5.5%) and exports (+ 2.8%). By contrast, China and the US are showing a contraction in both imports (US: -2.3%; China: -1.4%) and exports (US: -5.1%; China: -1.1%). Global industrial production declined slightly with -0.3% in February compared to January. Underlying this slight contraction is a -1.5% decline in developed economies. In emerging economies the industrial production increased with 0,8%. |