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Global trade rebound beats expectations but marked by regional divergences

The WTO is now predicting global merchandise trade volume growth of 10.8% in 2021—up from 8.0% forecasted in March—followed by a 4.7% rise in 2022 (Table 1). Growth should moderate as merchandise trade approaches its pre-pandemic long-run trend. Supply-side issues such as semiconductor scarcity and port backlogs may strain supply chains and weigh on trade ...

The post Global trade rebound beats expectations but marked by regional divergences first appeared on Hellenic Shipping News Worldwide.

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The WTO is now predicting global merchandise trade volume growth of 10.8% in 2021—up from 8.0% forecasted in March—followed by a 4.7% rise in 2022 (Table 1). Growth should moderate as merchandise trade approaches its pre-pandemic long-run trend. Supply-side issues such as semiconductor scarcity and port backlogs may strain supply chains and weigh on trade ...

The post Global trade rebound beats expectations but marked by regional divergences first appeared on Hellenic Shipping News Worldwide. [post_title] => Global trade rebound beats expectations but marked by regional divergences [post_excerpt] => The WTO is now predicting global merchandise trade volume growth of 10.8% in 2021—up from 8.0% forecasted in March—followed by a 4.7% rise in 2022 (Table 1). Growth should moderate as merchandise trade approaches its pre-pandemic long-run trend. Supply... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => global-trade-rebound-beats-expectations-but-marked-by-regional-divergences [to_ping] => [pinged] => [post_modified] => 2021-10-04 21:00:57 [post_modified_gmt] => 2021-10-04 21:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=889864 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )