Global trade is experiencing a cautious recovery in 2024, with a 1% increase in goods trade and 1.5% in services in the first quarter. Major growth is driven by exports from China, India, and the US, while European exports stagnated. Conversely, trade in goods declined by 5% in 2023, despite an 8% rise in services, primarily from a surge in the tourism sector. Geopolitical tensions and shipping disruptions pose challenges to sustained growth moving forward.

What are the latest trends in global trade?

New report details global trade challenges - and other international trade stories to read this month

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What are the latest trends in global trade?

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