Rebound in global trade forecast for 2021

  • Posted by Paula Wallace
  • |
  • 16 February, 2021

THE real value of global trade is set to surge by 7.6% year on year in 2021 and 5.2% year on year in 2022 according to IHS Markit’s Global Trade Atlas Forecasting. This follows an estimated contraction of 13.5% year on year in 2020 to US$16.4 trillion.

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