Mon, 04 Oct 2021 21:00:57 +0000
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.
Full article: https://www.hellenicshippingnews.com/global-trade-rebound-beats-expectations-but-marked-by-regional-divergences/