UN: ‘world trade’ is $32 trillion

SAFAKNA TURKEY – UNCTAD’from 2022 World Trade Trends ReportIn the second half of this year, despite a slight slowdown in world trade growth, the growth in world trade remained stable throughout the year.

getting worse in many countries. economic conditions and growing insecurity. Global trade is estimated to reach $32 trillion by the end of the year, despite a slowdown in the second half of 2022.

In the third quarter of 2022, trade in goods decreased by 1 percent, while trade in services increased by 1.3 percent in the second quarter.

The report predicts that the value of global trade in goods and services will decline in the fourth quarter of the year.

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