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The following visualization presents a compilation of available trade estimates, showing the evolution of world exports and imports as a share of global economic output. This metric (the ratio of total trade, exports plus imports, to global GDP) is known as the “openness index”.
Under the rules-based international trading system centered in the WTO, trade policies have become more stable, more transparent, and more open. And the WTO is a key reason why the global financial crisis did not spark widespread protectionism.
4 Απρ 2022 · The World Bank (WB) helps developing countries improve their access to world markets and enhance their participation in the global trading system. Trade is an engine of growth that creates better jobs, reduces poverty, and increases economic opportunity.
Key Statistics and Trends in International Trade is a yearly publication of the Division on International Trade and Commodities of UNCTAD. This publication monitors the trends of international trade in goods and services in the medium term.
From 2012 to 2014 the value of international trade grew at a rate of less than 2 per cent per year, declined by 10 per cent in 2015, and by about 3 per cent in 2016. It then rebounded strongly, growing at 10 per cent in 2017. Preliminary data for 2018 indicate an even higher growth rate.
26 Απρ 2021 · In its trade statistics and trade forecast 2021, the WTO estimates world trade in merchandise, or goods, will grow 8% in volume in 2021, after falling 5.3% in 2020. Have you read? What the future holds for world trade, according to 8 global leaders. How COVID-19 has affected trade, in 8 charts.
the economic disruptions brought about by COVID-19 resulted in a decline of international trade in goods and services. However, as global demand resumed, international trade strongly rebounded in 2021 and further increased during 2022. Overall, the value of global trade is expected to be about 25 per cent higher in 2022 than it was in 2019.
