Exports to US, EU Drive China Export Comeback

Herd immunity, China’s trade stats, Colombia’s manufacturing industry, and Singapore’s tourist arrivals [View in browser]( [Knoema]( Greetings, {NAME}: The faster COVID-19 vaccines are distributed, the faster the population will reach herd immunity and the faster the economy can recover. In today’s newsletter, read more about where top economies are now in the race to herd immunity, as well as China’s trade stats, Colombia’s manufacturing industry, and Singapore’s tourist arrivals! Get involved! Send us your feedback at [datadriven@knoema.com](mailto:DataDriven@knoema.com). New Data at Knoema [CAAM]( China’s YoY car sales growth surged to [364.8%]( in February 2021. The unusual bounce is explained by the strong decline in consumer demand caused by lockdowns in the same period last year; February 2021 sales plummeted 41.9% on a month-over-month basis. [DANE]( The [decline]( in the Colombian manufacturing industry’s real production, real sales, and employed personnel numbers in January 2021 is largely attributed to the downturn in manufacturing of motor vehicles and motor vehicle engines. Of 39 industrial activities, 21 registered negative variations in their real production. [Statistics Singapore]( In February 2021, Singapore’s tourist arrivals continued to show [negative YoY growth]( following unprecedented global travel restrictions and border closures amid the COVID-19 pandemic. Even with the development of several vaccines and the accelerating rollout of vaccinations around the world, it will take time for consumers to regain enough confidence to resume leisure travel. Interested in what Knoema can do for your organization? [Get on a Call]( Latest Data-Driven Insights [Top World Economies in the COVID-19 Vaccination Race]( The pace of COVID-19 vaccine distribution is the main unknown in today's macroeconomic forecasts. Using data on population, COVID-19 cases, and vaccination progress, we analyze how far the largest economies may be from herd immunity based on two different hypotheses about what share of true cases the identified cases represent. Check out [which country]( is the only one to date that has reached the possible herd immunity target of 70% of the population infected or vaccinated. [Trade Data Monitor]( The global economy appears ready for a strong rebound from the COVID-19 pandemic. According to [Trade Data Monitor](, the world’s premier source of trade numbers, shipments from China increased a whopping 60.6% YoY over the first two months of 2021, led by exports to its two top trading partners, the US and the European Union. Check out [China’s trade stats in detail](. [More DATA-DRIVEN Insights]( Insights Around the Web [Credit Suisse]( [Credit Suisse](. Generation Z is expected to earn only 3% on equities, with negative real returns on bonds, while baby boomers, Generation X, and Millennials have all earned average real returns of at least 5% on equities and at least 3.6% on bonds. [Wood Mackenzie]( [Wood Mackenzie](. To stop global temperatures from rising more than 1.5 degrees Celsius above pre-industrial levels, carbon prices must surge to $160 per ton of CO2 by 2030, up from a global average of $22 at the end of 2020. [a6f28da66fefce54_800x800ar]( [IISS](. Global defense spending reached US$1.83 trillion in 2020, a 3.9% annual jump in real terms. As a proportion of GDP, defense spending increased from an average of 1.85% globally in 2019 to 2.08% in 2020, as military budgets were maintained despite severe economic contractions. [1db2adb7-c12f-4825-8c72-2bfd1e8c2798-1] Stay well. Charles Poliacof CEO, Knoema [knoema.com]( [Facebook]( [LinkedIn]( [Twitter]( Copyright © 2021 Knoema. All rights reserved. You received this email because you are a registered Knoema user. Our mailing address is: Knoema, 31 East 32nd Street, 4th Floor, New York, NY 10016, United States [Unsubscribe]( [Manage preferences](