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Trade Watch (Second Quarter 2023) (anglais)

Goods trade contracted slightly in the first quarter of 2023 as tight monetary conditions, growing financial stress, elevated geopolitical tensions and lingering pandemic-related disruptions in East Asia weighed on global demand. Services trade continued to recover, with travel already close to 2019 pre-pandemic levels and on track to exceed them in 2023 (particularly in China and the rest of East Asia). Global containerized shipping activity picked...
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