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Global trade hits record high of $28.5 trillion in 2021, but likely to be subdued in 2022

UNCTAD’s Global Trade Update published on 17 February shows that in 2021, world trade in goods remained strong and trade in services finally returned to its pre-COVID-19 levels. “Overall, the value of global trade reached a record level of $28.5 trillion in 2021,” the report says. That’s an increase of 25% on 2020 and 13% higher compared to 2019, before the COVID-19 pandemic struck. While most global trade growth took hold during the first half of 2021, progress continued in the year’s second half. ....

United States , International Monetary Fund , Trade Update ,

Global Trade 'Likely To Be Subdued' This Year After Hitting Record in 2021 -UN Trade Body

Global trade is likely to be subdued this year after hitting a record high in 2021, according to data published Thursday by the UN Conference on Trade and Development (UNCTAD).. ....

United States , International Monetary Fund , Trade Update ,

Global trade hits record high of $28.5 trillion in 2021, but likely to be subdued in 2022

UNCTAD’s Global Trade Update published on 17 February shows that in 2021, world trade in goods remained strong and trade in services finally returned to its pre-COVID-19 levels. “Overall, the value of global trade reached a record level of $28.5 trillion in 2021,” the report says. That’s an increase of 25% on 2020 and 13% . ....

United States , International Monetary Fund , Trade Update , United Nations Conference ,