OECD International Trade Statistics Q1 2025: Latest Global Trends

The OECD’s International Trade Statistics for the first quarter of 2025 reveal notable global shifts: G20 merchandise trade rose, with exports up 2.0% and imports up 3.1%, driven by strong performance in the European Union and the United States. North American trade was particularly robust, as US exports grew by 3.5% and imports surged by 19.0% in anticipation of higher tariffs. Europe’s export growth was led by the UK (+4.7%) and the EU (+2.8%), with Germany’s exports up 0.8%. East Asia saw mixed outcomes, as China’s exports increased slightly (1.1%) but imports fell by 3.7%. Services trade results were varied: US exports posted mild growth (+0.4%), while Canada, France, and Germany experienced contractions. Read the full report as a pdf on OECD’s webiste.