According to the World Bank Trade Data (IBRD-IDA) -World Integrated
Trade Solution (WITS) , the Total World Trade during 2014 equal to 19.01
trillion USD for imports and 19.06 trillion USD for exports . The
annual growth rate was 2.7% & 3.3 % for imports and exports
respectively. Import and Export Products include consumer, intermediate
and capital goods, machines &electronics, stone&glass, plastic
or rubber, wood , metals, chemicals, fuels, animals, food products,
vegetables ,raw materials, textiles &clothing ,hides & skins,
footwear, miscellaneous and transportation.
Machines & Electronics
followed by fuels are the leading products whereas United State of
America (USA) and China are the leading countries in both import and
export . Early during 2013 , Forex trade expected to reach as high as
5.3 trillion USD per day, which roughly equilibrate more than 30-times
the total World Product trade . The figure remains hypothetical .The
hypothetical test for global OTC derivative markets by Bank
International Settlements (BIS) predicts over than 600 trillion USD each
year during 2013 and 2014 as an International Principal Value going
mostly with interest rates .
The gross market value which equilateral to
the International Trade also mostly going with the interest rate.
Essentially the market volume consists of baseline interest rate
,Commodities , equities, swaps and unallocated whether International or
Forex trade. The total Forex volume according to Thomson Reuters equal
to 4.34 trillion USD during 2015, and the estimated Forex spots volume
equal to 1.331 trillion USD.
When comparison Forex spots with World
Trade from CPB World Trade Monitor for economic policy analysis data
,during 2015 the followings concluded : 1- The Global Forex Spot Trade
is slightly higher than the World Real Trade in Fuels – taken in
considerations the sharp descent of oil prices during 2015 . 2- The
Global Forex Spots may rise higher than USA Exports . Forecasts through
2016 remains relatively challenging regarding Oil Prices.
USA Trade may
relatively unchanged during 2016 , although the World annual growth rate
points to 2.7% . We expect that Forex trade will grow along with the
World Product Trade.
Importance of Forex : As the Forex
trade influenced by economic indicators , it also affects the economic
calendar. Forex trade communicate the World electronically, provide
liquidity and make easier and faster transactions. Forex trade also play
a role in redistribution of liquidity through World Communities. In
addition to the psychological aspects of Forex , Forex also has a
potential image for the new civilizations or World. The World that
reconstructed on basis of economic calendars. The most important value
in Forex Trade is freedom. Competitions with freedom implicate insights
and incentives toward prices and economy. Finally Forex is powered by
demo accounts , leverages , regulations and economic information’s but
remains risky and exposed to fake.
Online Resources :
1- Data.Worldbank.org/topic/trade
2-www.bis.org
3-Thomsonreuters.com/en/resources/Fx/volumes.html
4-www.cpb.nl/en/world-trade-monitor
5-http://www.tradingeconomics.com
6-http://www.dnb.com/lc/credit-education/global-economic-outlook-2013-to-2017.html.
