South Korea and Japan are the top two source nations for Chinese imports respectively, and generally they export the same kinds of manufactured goods. With the expected explosion in demand from China’s reopening, both countries stand poised for a trade windfall. However, we could see...
World import and export prices finished 2014 with the largest year-over-year decline since 2009 according to the CPB world trade monitor. Export prices declined by 9.2% YoY% and import prices declined by 8.8%. No area in the world escaped the deflation in trade prices as...
On a year-over-year basis, according to the CPB World Trade Monitor, exports among Advanced Economies slipped into slightly negative territory in March. On an aggregate basis, export levels still have not surpassed highs made in 2008. This is contrast to exports from Emerging Economies where they...
We had two major economic releases today that suggest that the first quarter GDP in the US may be lower than previously expected. First, the trade deficit unexpectedly widened to $42.3 billion in February from $39.3 billion in January. The consensus was for a slightly...
With each passing month it is becoming more clear that Abenomics is, at least so far, failing to meet one of its critical goals, which is to stimulate exports and bring the country back to a trade surplus. Indeed, the latest trade statistics revealed the...
US import prices ex-petroleum fell further on a year-over-year basis. This series has now been negative since March. The movements in the USD do not suggest this deflationary pulse from import prices will be abating over the next few months....
