Ludovic Subran’s Post

Global trade is showing signs of recovery despite ongoing challenges like supply chain disruptions and geopolitical tensions, according to the latest UN report. The rebound in trade volumes reflects increased demand for goods and services as economies reopen post-pandemic. Efforts to address structural issues and ensure inclusive, sustainable trade growth remain crucial. Learn more https://lnkd.in/gwQDPrn3 #GlobalTrade #EconomicRecovery #SupplyChain

The Goods Trade Barometer, an early indicator of global trade trends, suggests that world trade will continue to expand at a moderate pace through the fourth quarter of 2024. The current barometer index value of 102.7 signals growth, although rising economic uncertainty and potential trade policy shifts cloud the outlook. https://lnkd.in/dpZMRXWH

An inward-looking and protectionism policy will lead to bigger trade fragmentation. In addressing global challenges and geopolitical uncertainty, adherence to the multilateral trading system and coordinated efforts to promote sustainable trade could bridge the existing gaps World Trade Organization

Global goods trade is on track for gradual recovery despite lingering downside risks. Trade is projected to post a 2.7% increase in 2024, up slightly from the previous estimate of 2.6%, WTO economists said at the #GlobalTradeOutlook press conference. More: https://bit.ly/4eEGV0k

Global trade trends turned positive in the first quarter of 2024, with the value of trade in goods increasing by around 1% quarter-over-quarter and services by about 1.5%. This surge, fueled by positive trade dynamics for the United States and developing countries, particularly large Asian developing economies, is expected to add approximately $250 billion to goods trade and $100 billion to services trade in the first half of 2024 compared to the second half of 2023. Deatail information please read as following: https://lnkd.in/eWavQ6qW

Global trade is poised to rebound in 2024, reversing the downward trend observed last year Overall, the value of global trade fell by 3% in 2023. For trade in goods, it dropped by 5% but grew by 8% for trade in services. During 2023, the trade of developing countries and South-South trade performed worse than global averages. Trade in environmental products grew in 2023, with electric cars sparking trade growth in motor vehicles. The outlook for 2024 is positive, but geopolitical issues and shipping disruptions increase uncertainties.

The World Trade Organization has predicted a gradual recovery in global trade this year, following a contraction in 2023 caused by high energy prices and inflation. Its latest report, Global trade outlook and statistics, forecasts a 2.6% increase in merchandise trade volume for 2024 and 3.3% in 2025, after falling by 1.2% in 2023. However, the WTO warned of potential roadblocks to this growth. Read this week's #Baltic feature: https://bit.ly/3UiEBEG

📊 Trade Winds Shifting: Global Goods Barometer Signals Positive Momentum 🚢 Exciting news from the World Trade Organization! The latest #WTO Goods Trade Barometer shows an upturn in global trade volumes for Q3 2024, rebounding from the challenges of 2023. Despite previous headwinds of high inflation and rising interest rates, the goods trade is charting a course towards recovery. This positive indicator suggests renewed vigor in international commerce. What are your thoughts on this development? How might it impact your industry? Let's discuss in the comments! #GlobalTrade #EconomicRecovery #InternationalBusiness

BREAKING: Global goods trade will grow 2.6% in 2024, 3.3% in 2025 after falling 1.2% last year due to inflation. Services trade was more upbeat. However, geopolitical tensions and policy uncertainty could limit the rebound. More in the #GlobalTradeOutlook: https://bit.ly/3xxofiF

According to the latest Global Trade Update from UN Trade and Development (UNCTAD), global trade is on the rise! Key highlights: ◾ Trade in Goods: Increased by ~1% quarter-over-quarter. ◾ Trade in Services: Up by ~1.5%. This growth, driven by positive trade dynamics in the US and large Asian developing economies, is expected to add around $250 billion to goods trade and $100 billion to services trade in the first half of 2024 compared to the latter half of 2023. Outlook for 2024: ◾ Global GDP Growth: Forecast remains at ~3%. ◾ Cautious Optimism: If trends continue, global trade could reach almost $32 trillion, approaching record levels of 2022. Exciting times ahead for global trade and economic growth