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YPP Economic Affairs
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Key Statistics and Trends in Trade Policy 2022
Green Goods Trade and Trade Policies
Key Statistics and Trends in Trade Policy is a yearly publication of the Trade Analysis Branch, Division on International Trade and Commodities (DITC), UNCTAD secretariat. The main purpose of this publication is to inform on the use and effects of a wide range of trade policies influencing international trade. The series is part of a larger effort by UNCTAD to analyze trade-related issues of particular importance to developing countries in terms of their participation in the international trading system.
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Key Statistics and Trends in International Trade 2022
The Remarkable Trade Rebound of 2021 and 2022
Trade trends during the last three years have been greatly influenced by the COVID-19 pandemic. During 2020, the economic disruptions brought about by COVID-19 resulted in a decline of international trade in goods and services. However, as global demand resumed, international trade strongly rebounded in 2021 and further increased during 2022. Overall, the value of global trade is expected to be about 25 per cent higher in 2022 than it was in 2019. A substantial part of the increase in the value of trade during the last two years can be explained by rising commodity prices and more recently by general inflation. Trade volumes grew to a smaller extent. Even so, the steady increase in the volume of international trade since early 2021 indicates a robust global demand for traded goods.
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