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Q3 Nowcast Platform Screenshot : June 3, 2020



How is international trade being impacted by the COVID-19 pandemic? We can look at the QuantCube International Trade Nowcast to see the response in real-time.

Although the majority of news coverage centres on decisions and debates coming from Washington and Brussels, it’s important to monitor BRICS not just because of their inter-continental ties but also because they represent around 50% of future global GDP.

Unsurprisingly, China starts off as one of the most heavily impacted in Feb/March and then stabilises around -15% YoY change towards the end of May. Brazil, already suffering from an economic recession reaches -27% YoY change for the same period and arguably has longer to go in terms of containing the virus.
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