January 24, 2025

World Trade Monitor November 2024

World Merchandise trade increased 0.4% in November 2024 compared to the previous month, following an increase of 0.3% in October. This is evident from the monthly CPB World Trade Monitor. On the import side especially the United States (+4.2%) and advanced Asia excluding Japan (+2.4%) recorded an increase. In contrast, Japan (-5.0%) showed a decrease. On the export side the United States (+3.3%), Latin America (+3.0%) and advanced Asia excluding Japan (+1.3%). However, Japan (-2.3%) and emerging Asia excluding China (-2.5%) show a decrease.

Developments in global international trade and industrial production November 2024:

World trade volume increased 0.4% month-on-month (growth was 0.3% in October, initial estimate 0.0%).
World trade momentum was 0.6% (non-annualised; 1.2% in October, initial estimate 1.1%).
World industrial production increased 0.3% month-on-month (having increased 0.4% in October, initial estimate 0.3%).
World industrial production momentum was 0.5% (non-annualised; 0.5% in October, unchanged from initial estimate).

The next release of the CPB World Trade Monitor is scheduled for 25 February 2025, 12:00 hours.

Downloads

Database CPB World Trade Monitor

Excel, 335.3 KB

Download

Monthly brief CPB World Trade Monitor

Pdf, 435.3 KB

CPB World Trade Monitor: Technical description

Pdf, 553.2 KB

CPB Memo 'Technical changes to WTM'

Pdf, 548.7 KB

The monthly CPB World Trade Monitor is an instrument with which CPB monitors the development of world trade and is published on behalf of the European Commission. It takes two months before the figures are available. The next CPB World Trade Monitor for the reporting month of November 2024 will be published on February 25th 2025. If you have any questions, please contact wtm@cpb.nl.

If you want to receive an email alert every time CPB publishes its update of the world trade monitor, please subscribe to our alert service on this page ('Publications for policymakers').

The World Trade Monitor is partially financed by DG ECFIN (Directorate General of Economic and Monetary Affairs of the Economic Commission).