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% …
The post Global trade hits record high of $28.5 trillion in 2021, but likely to be subdued in 2022 first appeared on Hellenic Shipping News Worldwide.