Outlook of Brazil seconomyand ForeignTrade - November Tatiana Lacerda Prazeres Secretary of Foreign Trade of Brazil

Size: px
Start display at page:

Download "Outlook of Brazil seconomyand ForeignTrade - November Tatiana Lacerda Prazeres Secretary of Foreign Trade of Brazil"

Transcription

1 Outlook of Brazil seconomyand ForeignTrade - November 2011 Tatiana Lacerda Prazeres Secretary of Foreign Trade of Brazil

2 BrazilianEconomy Outlook

3 Outlook for thebrazilianeconomy Dynamic domestic market; Growing middle class; Great investment opportunities (Oil and Gas, Infrastructure, World Cup, Olympic Games); Sound macroeconomic policies; solid democratic regime.

4 World Economic Outlook for 2011 and 2012 GDP Growth(%) * 2012* World -0,7 5,1 4,0 4,0 Developed economies -3,7 3,1 1,6 1,9 - USA -3,5 3,0 2,8 2,9 - Euro zone ,8 1,6 1,1 Developing economies 2,8 7,3 6,4 6,1 - Asia 7,2 9,5 8,2 8,0 - China 9,2 10,3 9,5 9,0 - Latin America and the Caribbean -1,7 6,1 4,5 4,0 - Middle East and North Africa 2,6 4,4 4,0 3,6 - Sub- Saharan Africa 2,8 5,4 5,2 5,8 Source: IMF World Economic Outlook, September-2011; (*) forecast

5 World Economic Outlook Country China 9,5 9 India 7,5 8 Russia 4,2 4 Mexico 4,3 4 Brazil 4 5 Germany 3,3 1,8 Canada 2,8 2,6 France 2 1,6 United States 1,8 2,4 United Kingdom 1,1 2,2 Italy 0,8 1,1 Spain 0,8 1 Japan -0,3 3,6 Emerging economies will grow stronger Source: IIF (August) Brazilian data: Ministry of Finance

6 BrazilianUnemploymentRate Source: Brazilian Institute of Geography and Statistics(IBGE)

7 Improvementin incomedistribution (household income) 55% 50% 56% 37% 39% 28% 8% 11% 16% * Above U$3.130 U$1.560 to U$3.130 Below U$1.560 Source: Ministry of Finance

8 BrazilianGDP growth-forecast BrazilwillovertaketheUK as 6thlargesteconomy, reaching a GDP of US$2,44 trillion Brazilwillloseoneposition toindia, ranking 7th Brazilwillregain6thplacein theyearit willhost the World Cup, also overtaking France Brazil will rank 5th largest economy of the world. Source: Economist Intelligence Unit

9 Challenges Increase industrial competitiveness and innovationaiming at economic, social and environmental sustainability; Increase investments in infrastructure; Improve formal educationandworkforce qualification, raising productivity levels.

10 BRAZIL ForeignTrade

11 BrazilianTrade Balance January-November/ US$ billion FOB Δ% 2011/10 Exports 233,9 181,0 28,7 Imports 207,9 166,2 24,6 Surplus 26,0 14,8 74,6 Trade Flow 441,9 347,2 26,7 Source: Ministry of Development, Industry and Foreign Trade

12 Brazilian Exports Main Products January-November/ US$ million FOB Value Δ% 2011/10 Share% Iron ore ,3 16,3 Crude oil ,1 8,2 Soybeans ,4 6,7 Raw cane sugar ,9 4,6 Coffee grain ,4 3,1 Frozen chicken meat ,9 2,7 Soybean meal and residues ,4 2,3 Cellulose ,7 2,0 Semi-finished products, iron/steel ,4 1,8 Passenger cars ,7 1,7 Beef ,8 1,7 Parts and pieces of vehicles ,0 1,6 Source: Ministry of Development, Industry and Foreign Trade

13 BrazilianMajor ExportPartners January-November/ US$ million FOB Value Δ% 2011/10 Part. % Asia ,5 30,1 Latin America and the Caribbean ,6 22,1 - Mercosul ,8 11,0 - other LA and the Caribbean ,8 11,2 European Union ,3 20,7 United States ,6 10,0 Middle East ,8 4,9 Africa ,5 4,7 Eastern Europe ,0 2,1 Source: Ministry of Development, Industry and Foreign Trade

14 Brazilian Imports Main Products January-November/ US$ million FOB Value Δ% 2011/10 Share% Crude oil ,2 6,3 Passenger cars ,6 5,2 Fuel oils ,7 3,6 Parts/pieces of motor and vehicles ,2 2,8 Medicines ,3 2,6 Naftas ,2 2,2 Integrated circuits ,1 2,0 Coal ,9 1,9 Transmission or reception devices ,9 1,7 Potassium clorite ,0 1,5 Motors and generators ,9 1,4 Heterocyclic compounds ,3 1,3 Source: Ministry of Development, Industry and Foreign Trade

15 BrazilianMajor ImportPartners January-November/ US$ million FOB Value Δ% 2011/10 Part. % Asia ,6 31,0 European Union ,3 20,4 Latin America and the Caribbean ,8 16,7 - Mercosul ,8 8,6 - other LA and the Caribbean ,8 8,1 United States ,8 15,1 Africa ,0 6,9 Middle East ,3 2,7 Eastern Europe ,0 2,3 Source: Ministry of Development, Industry and Foreign Trade

16 BRAZIL-EU ForeignTrade

17 Trade Balance Brazil-EU 2002 to 2010 and Jan-Nov/ US$ billion FOB Exportação / Exports Importação / Imports Saldo / Surplus 27,0 24,7 31,0 46,4 43,1 40,4 39,1 36,2 34,0 29,2 26,7 48,5 42,4 38,5 35,7 18,8 15,6 13,5 13,1 5,8 2,1 16,0 8,7 8,8 18,2 10,8 20,2 13,7 10,2 4,8 4,0 2,9 6, Source: Ministry of Development, Industry and Foreign Trade Jan-Nov/10 Jan-Nov/11

18 Brazil-EU Trade Balance January-November US$ billion FOB Δ% 2011/10 Exports 48,5 38,5 25,3 Imports 42,4 35,7 18,3 Surplus 6,1 2,8 - Trade Flow 90,9 74,2 22,5 Source: Ministry of Development, Industry and Foreign Trade

19 Main Products Exported totheeu January-November/ US$ million Fob Value Δ% 2011/10 Share% Iron ore ,8 15,5 Coffee grain ,2 8,1 Soybean meal and residues ,2 7,7 Soybeans ,1 5,3 Crude oil ,1 5,1 Wood pulp ,9 4,3 Orange juice ,2 2,3 Gold non-monetary ,2 2,3 Smoking in leaves and waste ,7 2,2 Airplane ,5 1,8 Semi-finished products, iron/steel ,0 1,7 Fuel oils ,5 1,7 Source: Ministry of Development, Industry and Foreign Trade

20 Brazilian Exports to the EU by Category Share % Manufactureds 46% Basics 33% Semimanufact. 21% Source: Ministry of Development, Industry and Foreign Trade

21 MainEU Marketsfor Brazilian Exports Janeiro-November US$ billion FOB Value Δ% 2011/10 Share% 1 Netherlands 12,7 38,6 26,3 2 Germany 8,3 13,7 17,0 3 Italy 5,0 34,5 10,3 4 United Kingdom 4,7 14,6 9,8 5 Spain 4,1 13,9 8,4 6 France 4,0 31,5 8,3 7 Belgium 3,6 14,8 7,5 8 Portugal 1,9 49,7 3,9 9 Finland 0,7 53,0 1,3 10 Sweden 0,5 62,8 1,0

22 Main Products Imported from theeu January-November/ US$ million Fob Value Δ% 2011/10 Share% Medicines ,3 7,2 Parts and pieces of motor and vehicles ,2 6,3 Passenger cars ,9 3,6 Heterocyclic compounds ,5 2,6 Electrical appliances ,2 2,5 Instruments and appliances for measuring ,1 2,4 Bearings and gears ,4 2,3 Pumps, fans and parts 816 3,1 1,9 Insecticides ,9 1,9 Engines and generators ,2 1,5 Source: Ministry of Development, Industry and Foreign Trade

23 Brazilian Imports from the EU by Category Share % Basics 9% Semimanufact. 2% Manufactureds 89% Source: Ministry of Development, Industry and Foreign Trade

24 MainSuppliersin theeu for Brazilian Imports January-November US$ billion FOB Value Δ% 2011/10 Share% 1 Germany 14,0 22,7 32,9 2 Italy 5,7 30,6 13,5 3 France 4,9 12,2 11,6 4 Spain 3,0 23,3 7,2 5 United Kingdom 3,0 2,9 7,1 6 Sweden 2,0 30,9 4,8 7 Netherlands 1,9 18,3 4,6 8 Belgium 1,7 26,0 4,0 9 Austria 1,4 5,7 3,2 10 Portugal 0,7 40,6 1,7

25 BRAZIL-UE Bilateral Investment

26 Foreign Direct Investmentin Brazil US$ Billion ,9 33,7 30,4 22, ,8 In 2010, Brazilwas the 5th main FDI destination afterus, China, Hong Kong and Belgium. Source: Brazilian Central Bank

27 EU Foreign Direct Investmentin Brazil Stock US$ million , ,9 114,4 112,5 119, The maineu investorsin Brazilare are Holland(18% of BrazilianFDI), Spain (11,2%), Germany(8,1%) andfrance (7,0%). Source: Brazilian Central Bank

28 MERCOSUR-EUEU FTA

29 MERCOSUR-EUROPEAN EUROPEAN UNION Freetrade between Mercosur andeu will certainly bea WIN-WIN situation. - Modestprogressin the text negotiations sofar, even both parties having strong political mandates (EU-Brazil Summit); - Key issues: bilateral safeguards, infant industry, rules of origin, exportsubsidies andgsp as thebase rate for tariff reduction. - Previous agreement onthe text willbecrucial for preparing Mercosur offers.

U.S. Trade Overview, 2013

U.S. Trade Overview, 2013 U.S. Trade Overview, 213 Stephanie Han & Natalie Soroka Trade and Economic Analysis Industry and Analysis Department of Commerce International Trade Administration October 214 Trade: A Vital Part of the

More information

I. World trade developments

I. World trade developments I. World trade developments World merchandise exports stagnated in value terms in 2012 while exports of commercial services increased by 2 per cent. Key developments in 2012: a snapshot Trade data List

More information

Appendix SM1: Sources of Modal Data and Calculation of Modal Shares

Appendix SM1: Sources of Modal Data and Calculation of Modal Shares Online Appendix for Trade and the Greenhouse Gas Emissions from International Freight Transport, Cristea Anca, David Hummels, Laura Puzzello and Avetisyan Misak: Supplementary Materials The supplementary

More information

EXPORT-IMPORT BANK OF INDIA: Catalysing India s Trade and Investment. July 01, 2015

EXPORT-IMPORT BANK OF INDIA: Catalysing India s Trade and Investment. July 01, 2015 EXPORT-IMPORT BANK OF INDIA: Catalysing India s Trade and Investment July 01, 2015 INDIAN ECONOMY SNAPSHOT PARAMETER FY 2010 FY 2013 FY 2014 FY 2015 GDP (current prices, US$ bn) 1365.4 1835.8 1875.9 2050.6

More information

HAS BRAZIL REALLY TAKEN OFF? BRAZIL LONG-RUN ECONOMIC GROWTH AND CONVERGENCE

HAS BRAZIL REALLY TAKEN OFF? BRAZIL LONG-RUN ECONOMIC GROWTH AND CONVERGENCE HAS BRAZIL REALLY TAKEN OFF? BRAZIL LONG-RUN ECONOMIC GROWTH AND CONVERGENCE COUNTRY PROFILE: A COUNTRY IN TRANSFORMATION POLICY RECOMENDATIONS COUNTRY PROFILE Brazilian Equivalent Population in The World

More information

Finnish foreign trade 2014 Figures and diagrams. 27.2.2015 FINNISH CUSTOMS Statistics 1

Finnish foreign trade 2014 Figures and diagrams. 27.2.2015 FINNISH CUSTOMS Statistics 1 Finnish foreign trade 214 Figures and diagrams 27.2.215 FINNISH CUSTOMS Statistics 1 IMPORTS, EXPORTS AND TRADE BALANCE 199-214 7 billion e 6 5 4 3 2 1-1 9 91 92 93 94 95 96 97 98 99 1 2 3 4 5 6 7 8 9

More information

List of tables. I. World Trade Developments

List of tables. I. World Trade Developments List of tables I. World Trade Developments 1. Overview Table I.1 Growth in the volume of world merchandise exports and production, 2010-2014 39 Table I.2 Growth in the volume of world merchandise trade

More information

Foreign Taxes Paid and Foreign Source Income INTECH Global Income Managed Volatility Fund

Foreign Taxes Paid and Foreign Source Income INTECH Global Income Managed Volatility Fund Income INTECH Global Income Managed Volatility Fund Australia 0.0066 0.0375 Austria 0.0045 0.0014 Belgium 0.0461 0.0138 Bermuda 0.0000 0.0059 Canada 0.0919 0.0275 Cayman Islands 0.0000 0.0044 China 0.0000

More information

II. Merchandise trade

II. Merchandise trade II. Merchandise trade World merchandise trade grew by 2 per cent in volume terms in 2012 against a backdrop of weak global demand and declining prices. This is significantly less than the 5 per cent increase

More information

BTMU Focus Latin America Mexico: Export performance in 2014

BTMU Focus Latin America Mexico: Export performance in 2014 BTMU Focus Latin America Mexico: Export performance in 2014 MUFG UNION BANK Economic Research (New York) Hongrui Zhang Latin America Economist hozhang@us.mufg.jp +1(212)782-5708 June 15, 2015 Contents

More information

Brochure More information from http://www.researchandmarkets.com/reports/3278449/

Brochure More information from http://www.researchandmarkets.com/reports/3278449/ Brochure More information from http://www.researchandmarkets.com/reports/3278449/ The 2016 World Forecasts of Hand-Operated Date, Sealing, or Numbering Stamps; Devices for Printing or Embossing Labels;

More information

I. World trade developments

I. World trade developments I. World trade developments World merchandise exports grew by 2 per cent in value terms in 2013 while exports of commercial services increased by per cent. Key developments in 2013: a snapshot Trade data

More information

ON OECD I-O DATABASE AND ITS EXTENSION TO INTER-COUNTRY INTER- INDUSTRY ANALYSIS " Norihiko YAMANO"

ON OECD I-O DATABASE AND ITS EXTENSION TO INTER-COUNTRY INTER- INDUSTRY ANALYSIS  Norihiko YAMANO ON OECD I-O DATABASE AND ITS EXTENSION TO INTER-COUNTRY INTER- INDUSTRY ANALYSIS " Norihiko YAMANO" OECD Directorate for Science Technology and Industry" " 1 February 2012" INTERNATIONAL WORKSHOP ON FRONTIERS

More information

Chart 1: Zambia's Major Trading Partners (Exports + Imports) Q4 2008 - Q4 2009. Switzernd RSA Congo DR China UAE Kuwait UK Zimbabwe India Egypt Other

Chart 1: Zambia's Major Trading Partners (Exports + Imports) Q4 2008 - Q4 2009. Switzernd RSA Congo DR China UAE Kuwait UK Zimbabwe India Egypt Other Bank of Zambia us $ Million 1. INTRODUCTION This report shows Zambia s direction of merchandise trade for the fourth quarter of 2009 compared with the corresponding quarter in 2008. Revised 1 statistics,

More information

II. Merchandise trade

II. Merchandise trade II. Merchandise trade Merchandise trade increased by 5 per cent in volume in 211. The strongest momentum was achieved by trade in manufactured goods, which grew by.5 per cent. Key developments in 211:

More information

Brochure More information from http://www.researchandmarkets.com/reports/1339929/

Brochure More information from http://www.researchandmarkets.com/reports/1339929/ Brochure More information from http://www.researchandmarkets.com/reports/1339929/ The 2011 World Forecasts of Machine Tools That Remove Material by Laser or Light, Photon, Ultrasonic, Electro-Discharge,

More information

Main trends in industry in 2014 and thoughts on future developments. (April 2015)

Main trends in industry in 2014 and thoughts on future developments. (April 2015) Main trends in industry in 2014 and thoughts on future developments (April 2015) Development of the industrial sector in 2014 After two years of recession, industrial production returned to growth in 2014.

More information

Chapter 17 review. Multiple Choice Identify the letter of the choice that best completes the statement or answers the question.

Chapter 17 review. Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. Chapter 17 review Multiple Choice Identify the letter of the choice that best completes the statement or answers the question. 1. Which of the following resulted in a retaliation by the United States of

More information

I. World trade developments

I. World trade developments I. World trade developments The value of world merchandise exports increased by 20 per cent in 2011 while exports of commercial services grew by 11 per cent. Key developments in 2011: a snapshot Trade

More information

U.S. Agriculture and International Trade

U.S. Agriculture and International Trade Curriculum Guide I. Goals and Objectives A. Understand the importance of exports and imports to agriculture and how risk management is affected. B. Understand factors causing exports to change. C. Understand

More information

Global Investing 2013 Morningstar. All Rights Reserved. 3/1/2013

Global Investing 2013 Morningstar. All Rights Reserved. 3/1/2013 Global Investing 2013 Morningstar. All Rights Reserved. 3/1/2013 World Stock Market Capitalization Year-end 2012 18.5% 9.6% United States International: Other Europe United Kingdom Japan Other Pacific

More information

Foreign Direct Investment in the United States 2013 Report

Foreign Direct Investment in the United States 2013 Report Foreign Direct Investment in the United States 2013 Report ORGANIZATION FOR INTERNATIONAL INVESTMENT 1225 NINETEENTH STREET, NW, SUITE 501 WASHINGTON, DC 20036 WWW.OFII.ORG 202.659.1903 Overview Foreign

More information

How does a venture capitalist appraise investment opportunities?

How does a venture capitalist appraise investment opportunities? 1 How does a venture capitalist appraise investment opportunities? Michael Queen - Finance Director, 3i Group plc A presentation to: 23 Pensions Convention 2 June 23 A How presentation does a venture to:

More information

Min. Guido Mantega. November 2009

Min. Guido Mantega. November 2009 New Cycle of Brazilian Economic Growth Financial i Times Min. Guido Mantega November 2009 Reasons to begin a new growth cycle Brazil faced the crisis with a strong economy; Emerged from it stronger than

More information

WORLDWIDE RETAIL ECOMMERCE SALES: EMARKETER S UPDATED ESTIMATES AND FORECAST THROUGH 2019

WORLDWIDE RETAIL ECOMMERCE SALES: EMARKETER S UPDATED ESTIMATES AND FORECAST THROUGH 2019 WORLDWIDE RETAIL ECOMMERCE SALES: EMARKETER S UPDATED ESTIMATES AND FORECAST THROUGH 2019 Worldwide retail sales including in-store and internet purchases will surpass $22 trillion in 2015, up 5.6% from

More information

GLOBAL DATA CENTER INVESTMENT 2013

GLOBAL DATA CENTER INVESTMENT 2013 2013 CENSUS REPORT: Global Data Center Investment 2013 GLOBAL DATA CENTER INVESTMENT 2013 2013 - Healthy Growth in Data Center Investment Globally Globally, the data center industry has continued to maintain

More information

Food Market Diversification Approach Lithuanian case

Food Market Diversification Approach Lithuanian case Food Market Diversification Approach Lithuanian case Jolanta Drozdz, Artiom Volkov Agricultural Policy and Foreign Trade Division, Lithuanian Institute of Agrarian Economics CAP and the Competitiveness

More information

Mario Torres Jarrín Director European Institute of International Studies Associate Lecturer Department of Romance Studies and Classics and Associate

Mario Torres Jarrín Director European Institute of International Studies Associate Lecturer Department of Romance Studies and Classics and Associate Mario Torres Jarrín Director European Institute of International Studies Associate Lecturer Department of Romance Studies and Classics and Associate Researcher, Institute of Latin American Studies Stockholm

More information

Foreign Direct Investment in the United States 2014 Report

Foreign Direct Investment in the United States 2014 Report Foreign Direct Investment in the United States 2014 Report ORGANIZATION FOR INTERNATIONAL INVESTMENT 1225 NINETEENTH STREET, NW, SUITE 501 WASHINGTON, DC 20036 WWW.OFII.ORG 202.659.1903 Overview Foreign

More information

www.pwc.co.uk/economics Global wage projections to 2030 September 2013

www.pwc.co.uk/economics Global wage projections to 2030 September 2013 www.pwc.co.uk/economics Global wage projections to 2030 Summary: Wage gap between emerging and advanced economies will shrink significantly by 2030 By 2030, our projections in this report suggest that

More information

Overview of China s Timber Imports & Exports. Lacey/EUTR Workshop: Barcelona Apr 14, 2015

Overview of China s Timber Imports & Exports. Lacey/EUTR Workshop: Barcelona Apr 14, 2015 Overview of China s Timber Imports & Exports Lacey/EUTR Workshop: Barcelona Apr 14, 215 Agenda China s timber imports - Main products? - Main supplier countries? - Hardwood vs softwood China s timber exports

More information

Economic and Market Outlook. EU Automobile Industry

Economic and Market Outlook. EU Automobile Industry Economic and Market Outlook EU Automobile Industry March 2015 Report 1 of 4 2015 CONTENTS EU ECONOMIC FORECASTS... 2 PASSENGER CARS... 4 REGISTRATIONS... 4 WORLD... 4 THE EUROPEAN UNION... 6 PRODUCTION...

More information

The spillover effects of unconventional monetary policy measures in major developed countries on developing countries

The spillover effects of unconventional monetary policy measures in major developed countries on developing countries The spillover effects of unconventional monetary policy measures in major developed countries on developing countries Tatiana Fic National Institute of Economic and Social Research Objective The objective

More information

Comparative tables. CPSS Red Book statistical update 427

Comparative tables. CPSS Red Book statistical update 427 CPSS Red Book statistical update 427 January 2013 Table 1 Basic statistical data GDP (USD billions) 1 Population (millions, yearly average) Australia 952 1,050 999 1,246 1,500 21.1 21.4 21.8 22.1 22.4

More information

The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost *

The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost * The Role of Banks in Global Mergers and Acquisitions by James R. Barth, Triphon Phumiwasana, and Keven Yost * There has been substantial consolidation among firms in many industries in countries around

More information

UK Television Exports FY 2014/2015

UK Television Exports FY 2014/2015 UK Television Exports FY 2014/2015 Page 1 of 5 The annual UK Television Exports Survey highlights the popularity of UK programming abroad by collecting revenue figures relating to the international activity

More information

RECENT TRADE DEVELOPMENTS AND SELECTED TRENDS IN TRADE

RECENT TRADE DEVELOPMENTS AND SELECTED TRENDS IN TRADE I A RECENT TRADE DEVELOPMENTS AND SELECTED TRENDS IN TRADE RECENT TRENDS IN INTERNATIONAL TRADE 1. INTRODUCTION: THESTATEOFTHEWORLDECONOMYANDTRADE IN 2006 The year 2006 witnessed robust growth in the world

More information

Global Effective Tax Rates

Global Effective Tax Rates www.pwc.com/us/nes Global s Global s April 14, 2011 This document has been prepared pursuant to an engagement between PwC and its Client. As to all other parties, it is for general information purposes

More information

Supported Payment Methods

Supported Payment Methods Supported Payment Methods Global In the global payments market, credit cards are the most popular payment method. However, BlueSnap expands the payment selection by including not only the major credit

More information

How many students study abroad and where do they go?

How many students study abroad and where do they go? From: Education at a Glance 2012 Highlights Access the complete publication at: http://dx.doi.org/10.1787/eag_highlights-2012-en How many students study abroad and where do they go? Please cite this chapter

More information

Supported Payment Methods

Supported Payment Methods Sell Globally in a Snap Supported Payment Methods Global In the global payments market, credit cards are the most popular payment method. However, BlueSnap expands the payment selection by including not

More information

ANALYSIS OF NZ MERCHANDISE TRADE DATA YEAR ENDED JUNE 2013

ANALYSIS OF NZ MERCHANDISE TRADE DATA YEAR ENDED JUNE 2013 Page 1 of 14 ANALYSIS OF NZ MERCHANDISE TRADE DATA YEAR ENDED JUNE 2013 SUMMARY Provisional merchandise trade data for the June 2013 month was released in July. The June 2013 data provides us with our

More information

WTM Origin Market Seminar 2013. Brazil

WTM Origin Market Seminar 2013. Brazil WTM Origin Market Seminar 2013 Brazil Brazil s Population Population 198.7 million (5 th in the world) Annual growth rate: 1.1% Relatively young population Diverse Ethnicity strong cultural links between

More information

Global Media Report. Global Industry Overview

Global Media Report. Global Industry Overview Global Media Report 203 Global Industry Overview McKinsey & Company Global Media Report 203 McKinsey & Company s Global Media and Entertainment Practice Never before has an integrated view across the media

More information

Investing in the United States

Investing in the United States Investing in the United States 13 May 2015 ehealth Week 2015 Global Markets: Tools for Transatlantic Trade Kim Tuminaro Senior Trade Officer U.S. Department of State SelectUSA.gov U.S. Investment and Business

More information

STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE

STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE Möbel Zahlen Daten STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE 01/36 Economical growth in the regions of the world-economy Changes of the gross domestic

More information

Economic and Market Report. EU Automotive Industry Quarter 3 2015

Economic and Market Report. EU Automotive Industry Quarter 3 2015 Economic and Market Report EU Automotive Industry Quarter 3 2015 December 2015 CONTENTS EU Economic Outlook... 2 Passenger cars... 4 Registrations... 4 World... 4 The European Union... 7 Production...

More information

Purchasing Managers Index (PMI ) series are monthly economic surveys of carefully selected companies compiled by Markit.

Purchasing Managers Index (PMI ) series are monthly economic surveys of carefully selected companies compiled by Markit. PMI Purchasing Managers Index (PMI ) series are monthly economic surveys of carefully selected companies compiled by Markit. They provide an advance signal of what is really happening in the private sector

More information

First estimate for 2014 Euro area international trade in goods surplus 194.8 bn 24.2 bn surplus for EU28

First estimate for 2014 Euro area international trade in goods surplus 194.8 bn 24.2 bn surplus for EU28 30/2015-16 February 2015 First estimate for 2014 Euro area international trade in goods surplus 194.8 bn 24.2 bn surplus for EU28 The first estimate for the euro area 1 (EA18) trade in goods balance with

More information

Global Sector. How does Travel & Tourism compare to other sectors? GDP. Global Direct GDP. Global GDP Impact by Industry

Global Sector. How does Travel & Tourism compare to other sectors? GDP. Global Direct GDP. Global GDP Impact by Industry Global Sector Agriculture Automotive Banking Chemicals Communications Education Financial Mining Other Service Manufacturing Manufacturing Services Exports Retail (without wholesale) Total Economy Travel

More information

Consumer Credit Worldwide at year end 2012

Consumer Credit Worldwide at year end 2012 Consumer Credit Worldwide at year end 2012 Introduction For the fifth consecutive year, Crédit Agricole Consumer Finance has published the Consumer Credit Overview, its yearly report on the international

More information

Index. Copyright material from - licensed to npg - PalgraveConnect - 2016-09-16

Index. Copyright material from  - licensed to npg - PalgraveConnect - 2016-09-16 Index AMIA (Mexican Association of the Automotive Industry), 90, 108 automobile demand ageing of population, 9 emerging economies, 206 7 financing, 8 post-recession, 1 2 role of income distribution and

More information

Benchmarking Travel & Tourism Global Summary

Benchmarking Travel & Tourism Global Summary Benchmarking Travel & Tourism Global Summary How does Travel & Tourism compare to other sectors? Sponsored by: Summary of Findings, November 2013 Outline Introduction... 3 Summary of research structure..

More information

Trade Creates Jobs for Indiana

Trade Creates Jobs for Indiana Trade Creates Jobs for Indiana Creating and preserving quality U.S. jobs is a goal shared by all Americans. With 95 percent of the world s consumers living outside of the United States, it makes sense

More information

Legal guidelines Free trade agreements of Ukraine

Legal guidelines Free trade agreements of Ukraine Legal guidelines Free trade agreements of Ukraine www.sk.ua Table of contents 3 1. FTAs of Ukraine 2. Trade statistics 3. Trade preferences under the FTAs 4. Exemptions from FTAs 5. Eligibility criteria

More information

International Natural Gas Tariff Comparison for Residential and Industrial Customers December 2011

International Natural Gas Tariff Comparison for Residential and Industrial Customers December 2011 International Natural Gas Tariff Comparison for Residential and Industrial Customers December 2011 Index International Comparison December 2011 Graph 1: Residential Tariff Graph 2: Industrial Tariff (SMEs

More information

Finnish foreign trade 2013 Figures and diagrams. 7.2.2014 TULLI Tilastointi 1

Finnish foreign trade 2013 Figures and diagrams. 7.2.2014 TULLI Tilastointi 1 Finnish foreign trade 213 Figures and diagrams 7.2.214 TULLI Tilastointi 1 IMPORTS, EXPORTS AND BALANCE OF TRADE 199-213 billion e 7 6 5 4 3 2 1-1 9 91 92 93 94 95 96 97 98 99 1 2 3 4 5 6 7 8 9 1 11 12

More information

THE PACIFIC ALLIANCE AND THE TPP: OPPORTUNITIES IT REPRESENTS

THE PACIFIC ALLIANCE AND THE TPP: OPPORTUNITIES IT REPRESENTS THE PACIFIC ALLIANCE AND THE TPP: OPPORTUNITIES IT REPRESENTS FOR THE ECONOMIC RELATIONSHIPS BETWEEN CHILE AND JAPAN Mr. Pedro Reus International Manager Sociedad de Fomento Fabril TABLE OF CONTENTS I.

More information

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 Global salary rises up compared to last year But workers in key emerging markets will experience real wage cuts Increase in

More information

The Global Outlook for Aluminium in Transportation

The Global Outlook for Aluminium in Transportation The Global Outlook for Aluminium in Transportation l What is the future of aluminium in the transportation sector? l What are the key trends and drivers in the industry? l What is the aluminium market

More information

Investing in the United States Tazeem Pasha

Investing in the United States Tazeem Pasha Investing in the United States Tazeem Pasha Embassy of Spain and ICEX Seminar on Financing Opportunities forspanish Companies and Projects in the United States By Tazeem Pasha Monday, 19 March 2012 Washington,

More information

Global payments trends: Challenges amid rebounding revenues

Global payments trends: Challenges amid rebounding revenues 34 McKinsey on Payments September 2013 Global payments trends: Challenges amid rebounding revenues Global payments revenue rebounded to $1.34 trillion in 2011, a steep increase from 2009 s $1.1 trillion.

More information

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce Washington, DC 20230

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce Washington, DC 20230 U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce Washington, DC 20230 CB 16-07 BEA 16-01 FT-900 (15-11) FOR IMMEDIATE RELEASE AT 8:30 A.M. EST, WEDNESDAY, JANUARY 6,

More information

Second Quarter and First Half 2015 Trading Update

Second Quarter and First Half 2015 Trading Update Second Quarter and First Half 2015 Trading Update Trading Performance Year-on-Year Gross Profit Reported ( m) Constant 2015 2014 % % Q2 145.3 137.1 +6.0% +10.6% H1 281.0 263.7 +6.6% +10.8% Q2 Gross Profit

More information

Reporting practices for domestic and total debt securities

Reporting practices for domestic and total debt securities Last updated: 4 September 2015 Reporting practices for domestic and total debt securities While the BIS debt securities statistics are in principle harmonised with the recommendations in the Handbook on

More information

FOR IMMEDIATE RELEASE CANADA HAS THE BEST REPUTATION IN THE WORLD ACCORDING TO REPUTATION INSTITUTE

FOR IMMEDIATE RELEASE CANADA HAS THE BEST REPUTATION IN THE WORLD ACCORDING TO REPUTATION INSTITUTE FOR IMMEDIATE RELEASE CANADA HAS THE BEST REPUTATION IN THE WORLD ACCORDING TO REPUTATION INSTITUTE Study reveals interesting developments in countries reputations amidst the Euro crisis, the rise of Asia

More information

Fifty years of Australia s trade

Fifty years of Australia s trade Fifty years of Australia s trade Introduction This edition of Australia s Composition of Trade marks the publication s 50th anniversary. In recognition of this milestone, this article analyses changes

More information

OHIO. The European Union. Why the EU Matters for the Buckeye State. Indiana University. European Union Center

OHIO. The European Union. Why the EU Matters for the Buckeye State. Indiana University. European Union Center OHIO & The European Union Why the EU Matters for the Buckeye State Indiana University European Union Center Table of Contents Why does the EU Matter? 1 Ohio s Trade with the EU 2 The EU s Investments in

More information

The Global Chemical Industry: US, China and Global Status and Opportunities, 2015

The Global Chemical Industry: US, China and Global Status and Opportunities, 2015 The Global Chemical Industry: US, China and Global Status and Opportunities, 2015 August 28, 2005 American Chemical Society Martha Gilchrist Moore Moore Economics mmoore@mooreeconomics.com Opportunities

More information

Report on Government Information Requests

Report on Government Information Requests Report on Government Information July 1 - December 31, 2014 apple Apple takes our commitment to protecting your data very seriously and we work incredibly hard to deliver the most secure hardware, software

More information

THE GLOBAL WELLNESS TOURISM ECONOMY 2013

THE GLOBAL WELLNESS TOURISM ECONOMY 2013 ITB EXPERTS FORUM WELLNESS THE GLOBAL WELLNESS TOURISM ECONOMY 2013 Susie Ellis Chairman & CEO Global Spa & Wellness Summit Why You Should Care about Wellness Tourism? 1. Huge Marketing Support 2. More

More information

GLOBAL EDUCATION PROGRAM

GLOBAL EDUCATION PROGRAM GLOBAL EDUCATION PROGRAM RUSSIAN FEDERATION GOVERNMENT-SPONSORED PROGRAM THAT OFFERS RUSSIAN CITIZENS AN OPPORTUNITY TO STUDY AT LEADING FOREIGN UNIVERSITIES REGULATIONS: ABOUT GEP http://educationglobal.ru/o_programme/

More information

DOMINION GLOBALIZATION WORKSHOP

DOMINION GLOBALIZATION WORKSHOP DOMINION GLOBALIZATION WORKSHOP Financial Sector Dennis Encarnation Harvard University For more information, please contact me at www.encarnation.com SERVICES Financial Services & Capital Markets Topics:

More information

Trends in Digitally-Enabled Trade in Services. by Maria Borga and Jennifer Koncz-Bruner

Trends in Digitally-Enabled Trade in Services. by Maria Borga and Jennifer Koncz-Bruner Trends in Digitally-Enabled Trade in Services by Maria Borga and Jennifer Koncz-Bruner Digitally-enabled are those for which digital information and communications technologies (ICT) play an important

More information

41 T Korea, Rep. 52.3. 42 T Netherlands 51.4. 43 T Japan 51.1. 44 E Bulgaria 51.1. 45 T Argentina 50.8. 46 T Czech Republic 50.4. 47 T Greece 50.

41 T Korea, Rep. 52.3. 42 T Netherlands 51.4. 43 T Japan 51.1. 44 E Bulgaria 51.1. 45 T Argentina 50.8. 46 T Czech Republic 50.4. 47 T Greece 50. Overall Results Climate Change Performance Index 2012 Table 1 Rank Country Score** Partial Score Tendency Trend Level Policy 1* Rank Country Score** Partial Score Tendency Trend Level Policy 21 - Egypt***

More information

Global Dynamism Index (GDI) 2013 summary report. Model developed by the Economist Intelligence Unit (EIU)

Global Dynamism Index (GDI) 2013 summary report. Model developed by the Economist Intelligence Unit (EIU) Global Dynamism Index (GDI) 2013 summary report Model developed by the Economist Intelligence Unit (EIU) What is the Global Dynamism Index (GDI)? the GDI assesses the dynamism of 60 of the world's largest

More information

2015 Country RepTrak The World s Most Reputable Countries

2015 Country RepTrak The World s Most Reputable Countries 2015 Country RepTrak The World s Most Reputable Countries July 2015 The World s View on Countries: An Online Study of the Reputation of 55 Countries RepTrak is a registered trademark of Reputation Institute.

More information

Russia. How does Travel & Tourism compare to other sectors? GDP. Size. Share. Russia GDP Impact by Industry. Russia GDP Impact by Industry

Russia. How does Travel & Tourism compare to other sectors? GDP. Size. Share. Russia GDP Impact by Industry. Russia GDP Impact by Industry Russia Izmaylovo Kremlin in Moscow Agriculture Automotive Manufacturing Banking Chemicals Manufacturing Communications Education Financial Services Mining Other Service Exports Retail (without wholesale)

More information

Country trade view Italy. Trends in global trade

Country trade view Italy. Trends in global trade Country trade view Italy Trends in global trade Summary Italy is a significant player in world trade. In 2014, it was the eleventh-largest importer and the ninth-largest exporter in the world. Italy comprises

More information

A new ranking of the world s most innovative countries: Notes on methodology. An Economist Intelligence Unit report Sponsored by Cisco

A new ranking of the world s most innovative countries: Notes on methodology. An Economist Intelligence Unit report Sponsored by Cisco A new ranking of the world s An Economist Intelligence Unit report Sponsored by Cisco Economist Intelligence Unit Limited 2009 A new ranking of the world s Preface In April 2009, the Economist Intelligence

More information

Southern California International Trade Outlook 2015-16

Southern California International Trade Outlook 2015-16 Southern California International Trade Outlook 2015-16 LAEDC International Trade Outlook Long Beach, California June 3, 2015 Robert A. Kleinhenz, Ph.D. Chief Economist,, LAEDC Outline U.S. & Global Drivers

More information

Innovative Technology Solutions for Sustainability ABENGOA. Industrial Production Market Outlook. Analyst & Investor Day. Javier Salgado Javier Molina

Innovative Technology Solutions for Sustainability ABENGOA. Industrial Production Market Outlook. Analyst & Investor Day. Javier Salgado Javier Molina Innovative Technology Solutions for Sustainability ABENGOA Industrial Production Market Outlook Javier Salgado Javier Molina Analyst & Investor Day May 2012 Agenda 1 Bioenergy Market Outlook & Growth Strategy

More information

International investment continues to struggle

International investment continues to struggle FDI IN FIGURES December 2014 International investment continues to struggle Figures for the first half of 2014 point to stalled FDI flows Findings FDI fell in the first quarter of 2014 before rebounding

More information

Global Economic Briefing: Global Inflation

Global Economic Briefing: Global Inflation Global Economic Briefing: Global Inflation August 7, Dr. Edward Yardeni -97-7 eyardeni@ Debbie Johnson -- djohnson@ Mali Quintana -- aquintana@ Please visit our sites at www. blog. thinking outside the

More information

Includ acc to all tabl and graphs in Excel TM

Includ acc to all tabl and graphs in Excel TM 100 INDICATORS FOR THE WORLD'S LEADING ECONOMIES Includ acc to all tabl and graphs in Excel TM OECD Factbook 2006 Economic, Environmental and Social Statistics Population and migration Macroeconomic trends

More information

Verdict Financial: Wealth Management. Data Collection and Forecasting Methodologies

Verdict Financial: Wealth Management. Data Collection and Forecasting Methodologies Verdict Financial: Wealth Management Data Collection and Forecasting Methodologies April 2014 Contents Global Wealth Markets Methodology Methodology Methodology 2 Global Wealth Markets Section 1: Global

More information

3 rd Brazil - China Capital Markets Forum

3 rd Brazil - China Capital Markets Forum 3 rd Brazil - China Capital Markets Forum Ilan Goldfajn Chief Economist, Itaú Unibanco Partner, Itaú BBA August 30 th, 2012 In Brief World: consolidating a scenario of low growth. Slow recovery in the

More information

Turkish Arab Economic Forum June 29, 2012. Mehmet Şimşek. Minister of Finance

Turkish Arab Economic Forum June 29, 2012. Mehmet Şimşek. Minister of Finance Turkish Arab Economic Forum June 29, 2012 Mehmet Şimşek Minister of Finance 1 Outline Turkey: Short Term Outlook Managing a Soft Landing Fallout from the Euro Crisis Turkey & MENA REBALANCING Growing ON

More information

2015 Growth in data center employment continues but the workforce is changing

2015 Growth in data center employment continues but the workforce is changing Published in Conjunction with MARKET BRIEFING GLOBAL DATA CENTER EMPLOYMENT 2015 2015 Growth in data center employment continues but the workforce is changing Globally, the number of people working in

More information

The Energy Situation and Market in Brazil

The Energy Situation and Market in Brazil Solarthermie in Brasilien Darmstadt, 13.11.2012 The Energy Situation and Market in Brazil Prof. Dr. Terence Trennepohl Post-doc at Harvard University Pillsbury Winthrop Shaw Pittman LLP, New York Outline

More information

Surface area of vineyards worldwide

Surface area of vineyards worldwide O.I.V.1 IL MERCATO MONDIALE DEL VINO: SFIDE E OPPORTUNITA Fondazione Mach San Michele all Adige 9 gennaio 15 federico@castellucciconsulting.eu Area under vines Vitiviniculturalproduction potential: the

More information

TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE

TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE Tazeem Pasha serves as Manager, Business Retention and Expansion at SelectUSA. Established by Executive Order

More information

off take Preparing for

off take Preparing for Preparing for take off Global firms are facing a talent exodus as world economies return to growth. Growth is expected to pick up over 2013 and 2014 we can expect labor markets to revive and staff turnover

More information

TOTAL FDI Inflow to KSA (Millions of dollars) FDI by Source :

TOTAL FDI Inflow to KSA (Millions of dollars) FDI by Source : Actual Inflows & Stocks of Foreign Direct Investments (Millions of dollars) in KSA by Country & Sector FDI Inflows Total Stock ( Millions of dollars ) TOTAL FDI Inflow to KSA (Millions of dollars) 8 8,,,,88

More information

GLOBAL DATA CENTER SPACE 2013

GLOBAL DATA CENTER SPACE 2013 2013 CENSUS REPORT: Global Data Center Space 2013 GLOBAL DATA CENTER SPACE 2013 Top 3 data center markets account for almost half of all global data center space. In spite of a slowdown in the amount of

More information

Annex 5A Trends in international carbon dioxide emissions

Annex 5A Trends in international carbon dioxide emissions Annex 5A Trends in international carbon dioxide emissions 5A.1 A global effort will be needed to reduce greenhouse gas emissions and to arrest climate change. The Intergovernmental Panel on Climate Change

More information

Biomass Pellet Prices Drivers and Outlook What is the worst that can happen?

Biomass Pellet Prices Drivers and Outlook What is the worst that can happen? Biomass Pellet Prices Drivers and Outlook What is the worst that can happen? European Biomass Power Generation 1st October 2012 Cormac O Carroll Director, London Office Pöyry Management Consulting (UK)

More information

UNITED REPUBLIC OF TANZANIA TANZANIA INVESTMENT CENTRE INVESTMENT CLIMATE AND OPPORTUNITIES IN TANZANIA

UNITED REPUBLIC OF TANZANIA TANZANIA INVESTMENT CENTRE INVESTMENT CLIMATE AND OPPORTUNITIES IN TANZANIA UNITED REPUBLIC OF TANZANIA TANZANIA INVESTMENT CENTRE INVESTMENT CLIMATE AND OPPORTUNITIES IN TANZANIA PRESENTATION TO THE CDM WORKSHOP DAR ES SALAAM INTERNATIONAL CONFERENCE CENTRE 21 ST JANUARY,2008

More information

UPDATE ON CURRENT MACRO ENVIRONMENT

UPDATE ON CURRENT MACRO ENVIRONMENT 1 Oct 213 Macro & Strategy Equity Credit Commodities 13 13 #1 Global Strategy #1 Multi Asset Research #3 Global Economics #2 Equity Quant #2 Index Analysis #3 SRI Research 12 sector teams in the Top 1

More information

Appendix 1: Full Country Rankings

Appendix 1: Full Country Rankings Appendix 1: Full Country Rankings Below please find the complete rankings of all 75 markets considered in the analysis. Rankings are broken into overall rankings and subsector rankings. Overall Renewable

More information