World Trade Monitor November 2023
Developments in global international trade and industrial production November 2023:
- World trade volume decreased 1.4% month-on-month (growth was 0.7% in October, initial estimate 0.4%).
- World trade momentum was 0.4% (non-annualised; 0.2% in October, initial estimate 0.1%).
- World industrial production increased 0.3% month-on-month (having increased 0.0% in October, unchanged from initial estimate).
- World industrial production momentum was 0.4% (non-annualised; 0.4% in October, initial estimate 0.6%).
The next release of the CPB World Trade Monitor is scheduled for 23 February, 15:00 hours.
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Monthly brief CPB World Trade Monitor 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 December 2023 will be published on February 23rd. If you have any questions, please contact wtm@cpb.nl.
Read also the CPB Background Document 'The CPB World Trade Monitor: technical description (update 2023)'. 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').
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The World Trade Monitor is partially financed by DG ECFIN (Directorate General of Economic and Monetary Affairs of the Economic Commission).
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