Under the influence of the global economy recession, the world goods exports, in dollar terms (nominal terms) registered a 23% drop in 2009, at a level of USD 12.1 trillion, the fall being larger than most economists had predicted. In 2009, commercial services exports registered a drop of 13 per...

The European Union’s trade grew strongly between 2002 and 2007, both with the upswing in world trade taking place after 2003 and with the growing participation of the new Member States on the international stage, some of which simultaneously witnessed rapid internal economic development....