Global goods trade picked up slightly in September and October 2023 amid signs of global demand recovery but remained below levels in the previous year. Services trade continued to recover, and travel...
Global goods trade contracted further in the second quarter of 2023 as demand weakened in all regions amid tight monetary conditions, lingering inflationary pressures, and elevated geopolitical tensions...
The key messages of this newsletter include: Trade expanded briskly in 2022 despite the invasion of Ukraine and growing global macroeconomic imbalances. The global impact of the war quickly dissipated...