May 25, 2018

CPB World Trade Monitor March 2018

The CPB World Trade Monitor shows that the volume of world trade decreased 1.2% in March, having decreased 0.7% in February (initial estimate: -0.4%). The volume of world trade increased 1,4% in 2018Q1 (1,1% in 2017Q4).

Developments in global international trade and industrial production March 2018:

World trade volume decreased 1.2% month‐on‐month (growth was ‐0.7% in February, initial estimate ‐0.4%) and increased 1.4% in 2018Q1 (1.1% in 2017Q4).
World trade momentum was 1.4% (non‐annualised; 2.2% in February, initial estimate 2.3%).
World industrial production increased 0.3% month‐on‐month (0.1% in February, initial estimate 0.2%) and increased 0.9% in 2018Q1 (1.0% in 2017Q4).
World industrial production momentum was 0.9% (non‐annualised; 1.1% in February, initial estimate 1.0%).

For questions. please contact wtm@cpb.nl.
Read also the CPB Background Document 'The CPB World Trade Monitor: technical description'.
In September 2016 (starting with the July 2016 monitor) the WTM base year has been moved from 2005 to 2010. Clarification of the procedure and its outcomes is given in the downloadable appendix (CPB Memo 'Change of base year WTM').

The release of the next monthly CPB World Trade Monitor is scheduled tentatively for 25 June 2018, 17:00 hours.

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