Explanatory note on the CPB world trade series

This note provides detailed information on the CPB world trade series and gives a comparison of these series with those of international organisations. <span style="color: #000000;">The series also play a vital role in the projections of the Dutch economy as the </span><span style="color: #000000;">forecast of export market growth has a major influence on the overall projection of the Dutch </span><span style="color: #000000;">economy in the short term. The trade series are not only presented in the CPB’s quarterly </span><span style="color: #000000;">outlook publications but are also presented in the monthly world trade monitor. Furthermore, </span><span style="color: #000000;">the European Commission is using the CPB data to provide information on world trade in its </span><span style="color: #000000;"><em>Quarterly Reports on the Euro Area, </em>its <em>Key indicators for the euro area </em><em> </em>updated before each </span><span style="color: #000000;">Eurogroup meeting of the ECOFIN ministers and its semi-annual forecasts. Finally, due to </span><span style="color: #000000;">CPB - World Bank cooperation, the world trade data presented in the annual Global Economic </span><span style="color: #000000;">Prospect reports of the World Bank and its internal monthly reports on the world economy </span><span style="color: #000000;">closely resemble the CPB world trade series.</span>