Laurence Dutton
This analytics article utilizes trade data published by S&P Global Market Intelligence-Global Trade Analytics Suite (GTAS)
Key Observations
- Data from S&P Global Market Intelligence Global Trade Analytics Suite (GTAS) show that year-on-year growth exports value is slowing down in most of the top 10 economies, except for Brazil.
- In mainland China, the most recent data published by China Customs show that after a significant slowdown in exports in August and September, October has already brought negative growth in Chinese exports.
- COVID-19 new cases, as well as potential social unrest, may result in the weakening of the export potential of the Chinese economy, similar to the slowdown in the first half of 2022.
- S&P Global Market Intelligence projects global real GDP growth to slow from 5.9% in 2021 to 2.9% in 2022 and 1.5% in 2023.
- The most recent inflation data from November (published by the S&P Global Market…
