Global growth is forecast to slow from 6.0 per cent in 2021 to 3.2 per cent in 2022 and 2.7 per cent in 2023 according to the International Monetary Fund (IMF).
The global trade volume grew by 4.8 per cent in 2022, on top of an impressive recovery of 9.7 per cent in 2021, as per the World Trade Organisation (WTO) statistics.
The global merchandise trade in value terms rose year-on-year (YoY), by 22.2 per cent in 2021, reversing the deceleration observed in the previous three years.
During the H1 of 2022, the trade-in value terms grew by 32 per cent ....
