After two consecutive quarterly declines, global trade in goods and services rebounded in January-March 2023. However, the outlook for the rest of the year is grim. The latest Global Trade Update from UNCTAD reveals positive trade growth for goods...
Announcing that worldwide commerce amounted to around $28.5 trillion last year, the UN Conference on Trade and Development (UNCTAD) explained that this represented an increase of almost 13 per cent compared to the pre-pandemic level of 2019.
“The positive trend...
