Global trade soars in first quarter, but services still in doldrum
Global trade bounced back to a record high early this year, although service industries are still a shadow of their pre-pandemic selves, UN economists UNCTAD have said recently.
global trade
Future of global trade remains deeply uncertain
West and south Asia saw the sharpest declines, with imports dropping by 23 per cent, and exports by 29 per cent.
Global trade amid COVID-19: Signs of rebound, but recovery uncertain
According to WTO, the COVID-19 pandemic has had a highly uneven effect on different sectors, as the overall world average fell by 21 per cent.