French media: China's export volume significantly surpasses the U.S. to become the world's number one exporter

French media: China's export volume has surpassed the United States to become the world's No. 1 exporter August 1, 2016 Century Stationery Net | Previous Article Next Article This information address: http://www.21wenju.com/news/41170.htm Browse: 790 timesu0026nb...French media: China's export volume greatly surpasses the United States to become the world's No. 1 exporter August 1, 2016 Century Stationery Net | Previous Article Next Article This information address: http://www.21wenju .com/news/41170.htm Browse: 790 times The French 'Echo' reported on July 25 that official news indicated that China had become the world's number one exporter in 2015. According to data released by the World Trade Organization, China accounted for 14% of global exports in 2015, followed by the United States, which accounted for 9%, and Germany, which accounted for 8%. Asia’s exports accounted for 36.17% of the world’s total, and the EU’s 36.15%. According to the report, in addition, unsurprisingly, the prospects for world trade growth remain bleak. The WTO announced that the monthly merchandise trade data for the first quarter of 2016 showed that the value of trade in U.S. dollars is stabilizing. Although the WTO did not revise its 2016 trade growth forecast (2.8%), it lowered the 2015 growth rate from 2.8% to 2.7%, which barely exceeded the global GDP growth rate (2.4%). In addition, a substantial distinction must be made between the amount of growth and the amount of growth. In 2015, world trade volume increased by less than 3% for the fourth consecutive year. The economic slowdown in China, the low growth rate in Europe, and the recession of emerging powers such as Brazil and Russia are the foundations of the global economic weakness. The volume of world trade in dollar terms has fallen sharply. The value of exports of goods fell by 13% to US$16 trillion, and the value of services exports fell by 6% to US$4.75 trillion. Among them, in the field of service exports, the value of cargo transportation dropped by 10% to US$876 billion. The difference between trade volume and trade volume is affected by two factors: raw material prices plummeted (from June 2014 to December 2015, oil fell by 64%, metals fell by 35%) and exchange rate fluctuations over the same period. According to reports, the rise of China's trade has caused concern. EU exports fell by 12% (not counting intra-EU trade) to US$1.9 trillion. China tops the list with 2.27 trillion U.S. dollars, and the United States ranks third with 1.5 trillion U.S. dollars. The EU is still the champion in many areas. For example, the export value of agricultural products is as high as 585 billion U.S. dollars, far exceeding the 163 billion U.S. dollars in the United States and 80 billion U.S. dollars in Brazil. The EU's exports of petroleum and mineral products ranked first with US$440 billion, surpassing Russia (US$195 billion), Saudi Arabia (US$153 billion) and the United States (US$145 billion). The European Union also leads the way in the chemicals and automotive sectors. According to reports, China has become the export champion in the field of office and mobile phone equipment, with an export value of 591 billion US dollars. China’s textile exports amounted to US$109 billion, and the EU, which ranked second, was only US$64 billion. In the apparel sector, China also tops the list with US$175 billion, followed by the European Union (US$112 billion), Bangladesh (US$26 billion) and Vietnam (US$22 billion). In the field of service exports, freight volumes all over the world have declined, ranging from 7% to 14%. Only Africa and the Middle East have seen an increase in freight volumes. Due to exchange rate effects and the appreciation of the U.S. dollar, the tourism trade volume fell by 5%. The WTO pointed out: Although there are geopolitical tensions in some tourist locations and people are increasingly worried about security issues, the number of outbound tourists has increased by 4% to 1.184 billion. The number of tourists in Europe has increased by 24 million from 2014. Source: Internet