Gustavo Philippsen Fuhr on LinkedIn: Global Trade to Drop 5% This Year Amid Geopolitical Headwinds - BNN…
Global Trade - Lower costs for goods affected by high inflation a year ago is also a reason for the decline. “Even though the value of traded goods decreased…
"Global Trade - Lower costs for goods affected by high inflation a year ago is also a reason for the decline.
'Even though the value of traded goods decreased in 2023, the slightly positive trend in the volume of international trade suggests a resilient global demand for imported products,' the report said."