WTO reports global goods trade growing moderately in Q4 2024, with uncertainties ahead.

The World Trade Organization's (WTO) Goods Trade Barometer shows global goods trade is expanding at a moderate pace in the fourth quarter of 2024, with a reading of 102.7 indicating above-trend trade volumes. Despite this, the outlook is uncertain due to economic challenges and potential changes in trade policies. The WTO predicts a 2.7% growth in trade volume for 2024, rising to 3% in 2025.

3 months ago
11 Articles