2017 looks to be the best year for emerging markets exporters since 2011: Emerging markets export volumes appear to be growing at their fastest pace this year since 2011, writes Steve Johnson for the Financial Times. Emerging market exports rose 5.2% y-o-y in volume terms in the 1H2017, according to data from Capital Economics. USD value of EM exports has also risen about 11% y-o-y, largely thanks to commodities trading at levels comfortably above those witnessed in the 1H2016. “Emerging market economies are on average growing faster than advanced economies and their rate of trade growth is also typically greater,” says Jon Harrison, emerging market macro strategist at research firm TS Lombard. “The rise in exports is part of the synchronised global expansion led by the US and the eurozone,” Harrison added.
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