On the left, global manufacturing Purchasing Managers' Index new export orders (purple) is a good leading indicator of global trade volume (grey), which then drives global growth and corporate earnings, especially in Asia.
On the right, the two lines show export growth for developed markets (grey) and emerging markets (purple). Export performance is an important indicator reflecting the health of the global economy. This is particularly important for many listed companies that have international business exposure, or for companies that collaborate with these exporters.