The volume of international trade in goods among G20 countries, adjusted for seasonal fluctuations, increased in the first quarter of 2025 compared to the previous three months, according to a report by the Organisation for Economic Co-operation and Development (OECD).
Exports of goods from G20 countries in dollar terms rose by 2% in January-March to $4.692 trillion. Imports rose by 3.1% to $4.810 trillion.
The United States increased exports by 3.5% and imports by 19%. In the European Union, these figures rose by 2.8% and 1.4%, respectively. According to preliminary estimates, exports of services by G20 countries in the first quarter fell by 0.7%, while imports increased by 1%, the report said.
Data on trade in services was only available for twelve of the G20 countries. Established in 1961, the OECD is one of the world’s leading economic organisations, comprising 38 countries.
The G20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Korea, South Africa, Turkey, the United Kingdom, the United States and the European Union.