International Trade 2020: Changes or Regrouping

Research Article
  • Igor’ Sergeevich Gladkov Russian Academy of Sciences professorgis@rambler.ru
    Elibrary Author_id 297751
How to Cite
Gladkov I.S. International Trade 2020: Changes or Regrouping. Vlast’ (The Authority). 2021. Vol. 29. No. 3. P. 104-110. DOI: https://doi.org/10.31171/vlast.v29i3.8148 (in Russ.).

Abstract

The article analyzes the latest developments that have manifested themselves against the background of the widespread of a new viral infection in the dynamics and geographical structure of global commodity trade in 2020. Based on the recently (April 2021) published analytical and statistical materials of the International Monetary Fund (IMF), the main trends that have emerged in the system of international trade and foreign trade activities of the world's largest exporters and importers, which still control about 3/4 of its total value, are shown. At the same time, the IMF's quite optimistic forecasts for 2021 on the development of global output of gross domestic product (GDP) and international commodity exchange appear to be overstated and biased due to implicit advances to eliminate all emerging threats. The article presents the latest statistical materials, calculated data, first introduced by the author into the domestic scientific circulation.
Keywords:
international trade; foreign trade; commodity exports/imports; foreign trade balance; sanctions; trade conflicts; turbulence; European Union (EU); China; USA; Germany; Netherlands; Japan; Hong Kong; Belgium; Taiwan; Switzerland; United Kingdom; Russian Federation (RF)

Author Biography

Igor’ Sergeevich Gladkov, Russian Academy of Sciences
Dr.Sci. (Econ.), Full Professor; Senior Researcher, Head of the Center for International Trade

References

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Gladkov I.S. 2019. Mezhdunarodnaya torgovlya na fone zamedleniya mirovoi ekonomiki. – Mezhdunarodnaya ekonomika. № 12. S. 44-50. (RUS.)



Gladkov I.S. 2018. Vneshnyaya torgovlya ES-RF: opyt statisticheskogo issledovaniya. – Nauchno-analiticheskii vestnik Instituta Evropy RAN. № 1. S. 225-229. (RUS.)



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WEO: A Long and Difficult Ascent. October 2020. – Washington, DC, IMF. 182 p.



WEO Update, January 2021: Policy Support and Vaccines Expected to Lift Activity. January 20, 2021.



WEO: Managing Divergent Recoveries. April 2021. – Washington, DC. IMF. 2021. – 170 p.



WTO forecasts: trade shows signs of rebound from COVID-19, recovery still uncertain//https://www.wto.org/english/news_e/pres20_e/pr862_e.htm



http://www.worldstopexports.com/worlds-top-export-countries



Annual International Trade Statistics by Country (HS02) // trendeconomy.com
Article

Received: 21.06.2021

Citation Formats
Other cite formats:

APA
Gladkov, I. S. (2021). International Trade 2020: Changes or Regrouping. Vlast’ (The Authority), 29(3), 104-110. https://doi.org/10.31171/vlast.v29i3.8148
Section
WORLD ECONOMY: NEW ANALYTICS