It ain't fashion, if it ain't sustainable

Global Trade Update

World Trade / UNCTAD Report

8 July 2022

2 minutes

Rising interest rates and the winding down of economic stimulus packages will likely have a negative impact on trade volumes for the rest of 2022.

Global Trade Hits Record $7.7 Trillion in First Quarter of 2022

The growth in value of global trade in Q1 2022, a rise of about $250 million relative to Q4 2021, has been fuelled by rising commodity prices as trade volumes have increased to a much lower extent, according to UNCTAD’s Global Trade Update.

By

Staff Writer

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