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WTO predicts a meagre 1.7 pc growth in world trade in 2023

WTO predicts a meagre 1.7 pc growth in world trade in 2023

Apr 06, 2023, at 04:51 am

The global uncertainties are likely to impact economic activities significantly, World Trade Organization (WTO) said on Wednesday and predicted the growth in world trade to increase by merely 1.7 percent in 2023. 

World trade reaches all-time high, but 2022 outlook ‘uncertain’: UNCTAD

World trade reaches all-time high, but 2022 outlook ‘uncertain’: UNCTAD

Dec 01, 2021, at 05:21 pm

New York: Global trade is expected to be worth about $28 trillion this year - an increase of 23 per cent compared with 2020 - but the outlook for 2022 remains very uncertain, UN economists said on Tuesday.

World trade to fall by 9.2 pct in 2020: WTO

World trade to fall by 9.2 pct in 2020: WTO

Oct 07, 2020, at 02:42 pm

Geneva/Xinhua: World merchandise trade is expected to fall by 9.2 percent in 2020, followed by a 7.2-percent rise in 2021, the World Trade Organization (WTO) said on Tuesday in its revised trade forecast.