The growth rate of world trade will double this year: Who will benefit from this? International organizations predict that global trade growth should double this year as inflation eases and the booming US economy boosts activity. As the FT noted, the OECD, IMF, and World Trade Orga... #Eurozone #GlobalTrade #imf #OECD #worldeconomy #WTO
Global trade in goods will grow by 2.6% this year and by 3.3% in 2025, the World Trade Organization predicts. Last year, global merchandise turnover decreased by 1.2%. In terms of value, the export of goods fell by 5% to $24.01 trillion. Import volumes decreased in most ... #GlobalEconomy #GlobalGDP #GlobalTrade #TradeTurnover #WTO
The war in Ukraine, drought, and terrorism are the biggest threats to world trade: UN. According to UN trade expert Jan Hoffmann, following Yemen’s Houthi attacks on ships in the Red Sea that have taken place since November 2023, major players in the shipping industry have tempora... #GlobalTrade #JanHoffmann #PanamaCanal #RedSeaCrisis #SuezCanal #WarinUkraine
Analysts predict a decline in global trade this year. In its report, the UN Conference on Trade and Development (UNCTAD) said that world trade will decline by 5% in 2023 compared to last year. The organization predicts that world trade will amount to app... #GlobalTrade #UNCTAD #worldeconomy
