Yet again these figures point to a mostly divided world between the rich OECD economies and emerging ones.The latter have consistently outperformed global trade losses recording growth in intra-Asian-trade as well.
How else can one explain China's surge past Germany whose exports dropped significantly while China's still rose?
This despite the fact that Western markets - particularly the US and the EU - were too weak for further Chinese volume gains.
World trade in 2009 reflects general economic trends in the aftermath of the West's major slump.
Contrary to the initial knock-on effect, now that the year's accounts are closed, it can be said that the Asian bloc generally emerged largely unscathed.
In fact it may have strengthened itself somewhat as economies shifted focus to home markets to take up some of the slack left by falling orders from Western markets.
After all decoupling did occur to a considerable extent which bodes well for the Continent's future.
I believe Germany will still dispute the top spot as an exporter.
2009 was odd as much as it was hard on Germany but it won't be long before the country's multiple strengths in manufacturing begin to show.
It remains an open question which way world trade volumes will sway.
It is hard to imagine any backsliding from the lows achieved by Western economies.
Asia's trading strengths throughout this so-called 'world' downturn have now transpired fully.
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