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Goods trade posts 1% growth in the first quarter of 2024 after 2023 plateau
The volume of world merchandise trade turned up in the first quarter of 2024 after remaining flat throughout 2023, according to the latest trade statistics released by the WTO. Merchandise trade as measured by the average of exports and imports was up 1.0% in the first quarter compared to the previous quarter. Trade in the first quarter was also up 1.4% compared to the same period in 2023. chart Most regions contributed positively to the upturn in trade volume, with Europe remaining a notable exception as its exports and imports continued to decline. These are the first quarterly trade volume statistics released by ... (full story)
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- Posted: Jul 3, 2024 2:31am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,963
