Trade in G20 countries reached $ 7.58 billion in the third quarter



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Between July and September, G20 countries exported goods worth US $ 3.75 billion (3.32 billion euros), 0.3 percent more than in the previous three months, when property valued at $ 3.82 billion. dollars (3.39 billion euros), 0.7% more.

The OECD noted that this improvement was mainly due to higher oil prices.

In a statement, the OECD noted that "to the exclusion of major oil exporters, such as Russia or Saudi Arabia, the G20 trade remained almost unchanged, which suggests that the expansion observed in the last two years may have stalled, as protectionist measures are beginning to be noticed ".

The report notes that in United States, exports decreased 1.7% to $ 420,000 million ($ 372,240 million), the first decline since the fourth quarter of 2016.

On the other hand, imports into that country increased by 2.6% to $ 643,700 million (€ 570,454 million).

In China, exports increased by 2.4% in the third quarter to a total of $ 634,300 million ($ 562,123 million), while imports amounted to $ 565,100 million ($ 500,798 million). euros) 4.1% more

According to the OECD report, the countries that saw the strongest growth in their exports were found Brasil (5.5%), Russia (5.3%), South Korea (4.7%) and Saudi Arabia (3.5%).

The countries with the largest increase in their imports were Brazil (18%), Indonesia (4.9%), India (4.1%) and China (4.1%).

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