WTO SAYS 2005 OIL PRICE RISE MAKES EXPORT PROFITS BOOM
November 1st, 2006
BY KEITH NUTHALL
WORLD Trade Organisation global trade figures for 2005 show that international exports for liquid fuels rose 41% to US$1.4 trillion in 2005, 13.8% of worldwide merchandise exports, higher than for almost two decades. Oil-rich Middle East, Africa, the ex-USSR Commonwealth of Independent States and south and central America recorded export growth of 35-25%.
*http://www.wto.org/english/res_e/statis_e/its2006_e/its06_bysubject_e.htm
ENDS
WORLD Trade Organisation global trade figures for 2005 show that international exports for liquid fuels rose 41% to US$1.4 trillion in 2005, 13.8% of worldwide merchandise exports, higher than for almost two decades. Oil-rich Middle East, Africa, the ex-USSR Commonwealth of Independent States and south and central America recorded export growth of 35-25%.
*http://www.wto.org/english/res_e/statis_e/its2006_e/its06_bysubject_e.htm
ENDS
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