BRUSSELS – The World Trade Organisation has highlighted global trade trends releasing figures indicating the world’s top exporters and importers of goods and services in 2010. They show that in goods, or merchandise trade, Germany dropped to third place in the exports league table behind the United States after ceding the top spot to China in 2009.
In commercial services, China replaced France as the fourth largest exporter, while Germany overtook the United Kingdom for second place. China also moved up the rankings on the services import side, taking over the third position from the United Kingdom.
World trade will carry the scars of the financial crisis into 2012, the WTO said on Thursday, predicting 6.5 percent growth this year, a rate much more modest than last.
