Global goods trade values rose in the four months from April to July from the same period of last year, as volumes tracked record 2022 levels, fuel prices stabilized, and exports grew across most regions...
Using Business Pulse Survey data for 61 countries during the COVID-19 pandemic, this paper presents novel findings on remote work, enabled by digitalization, as a source of resilience for firms. The...
Early data pointed to a continued mild recovery in goods trade in 2024, with mixed performance across industries and regions. Trade in services grew in the first quarter of 2024, with significant increases...
Goods trade remained weak in the fourth quarter of 2023, capping the slowest year of growth for global commerce outside of a recession in the past 50 years. Trade in services grew robustly in the fourth...
Global goods trade picked up slightly in September and October 2023 amid signs ofglobal demand recovery but remained below levels in the previous year. Services trade continued to recover, and travel...
Global goods trade contracted further in the second quarter of 2023 as demand weakened in all regions amid tight monetary conditions, lingering inflationary pressures, and elevated geopolitical tensions...
The key messages of this newsletter include: Trade expanded briskly in 2022 despite the invasion of Ukraine and growing global macroeconomic imbalances. The global impact of the war quickly dissipated...
New export orders have been shrinking since March 2022, amid cooling in China’s imports, war-induced disruptions in the trade of fuel and agricultural products, rising inflationary pressures, ...
The key messages of this newsletter include: (i) the conflict in Ukraine has already disrupted shipping logistics in the Black Sea area and raised futures prices of fuels and key agricultural products...
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three...
While Malaysia’s economy has had great success, it also faces several challenges including limited services trade. This report seeks to explain the main constraints that are holding back the ...
The key messages of this newsletter include: (i) Merchandise trade strengthened in November 2021 despite persistent value-chain bottlenecks and logistics constraints; (ii) Services trade is finally...
The key messages of this newsletter include: (i) Global merchandise trade has stabilized at levels above pre-pandemic but hides divergent trends for quantities (weakening since early 2021) and prices...
The key messages of this newsletter include : Global merchandise trade has stabilized at levels above pre-pandemic ones. Global services trade continues to recover, and it is only now slightly below...
Merchandise trade has decelerated in recent months. The value of global merchandise trade in July 2021 was 3 percent less than in March 2021 (Figure 1). The stagnation in value terms affects all categories...
China’s economy will post strong growth in 2021. Assuming the continued suppression of COVID-19 (coronavirus), growth is projected to reach 8.5 percent this year before slowing to 5.4 percent in 2022...
This newsletter on COVID-19 trade watch for March 2021 has the following sub-headings: (a) Principal findings; (b) Merchandise trade in focus; (c) Logistics in focus; (d) The Suez incident and (e) Air...
This newsletter on COVID-19 trade watch for February 2021 has the following sub-headings: principal findings; additional findings-merchandise trade; additional findings-services trade; additional findings-logistics;...
Global container shipping capacity remained flat though January 18, 2021, in contrast with the strong recovery observed from April to September 2020. Global merchandise trade has continued to recover...