1Paris,25May2023Referenceperiod:Q12023G20merchandiseandservicestraderesilientinQ12023Followingtwoconsecutivequartersofdecline,G20merchandiseexportsreboundedinvaluetermsinQ12023,asmeasuredincurrentUSdollars(Figure1and2).ComparedtoQ42022,exportsincreasedby2.2%,drivenpartlybytherevivalofeconomicactivityinChina.G20merchandiseimportscontractedby1.2%,largelyreflectingeasingenergyprices.StrongsalesofvehiclesandpartscontributedtoexportgrowthinNorthAmerica,withexportsexpandingby1.0%intheUnitedStates,1.2%inCanadaand1.2%inMexico.IntheEuropeanUnion,exportsincreasedby3.0%,propelledbyhighershipmentsofmachineryfromFrance,GermanyandItaly.EUimportscontractedby1.1%,mainlyd...