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Asia-Pacific partnership creates new ‘centre of gravity’ for global trade
15 Dec 2021
A new free trade agreement, covering a third of the world economy, will eliminate 90% of tariffs among 15 East Asian and Pacific countries and is expected to boost intraregional exports by $42 billion.
New opportunities for accelerating pan-African trade
14 Dec 2021
By Rebeca Grynspan, Secretary-General of UNCTAD
The creative economy takes center stage
10 Dec 2021
Digital platforms connect artists, artisans, musicians, and filmmakers with a global audience — driving growth in emerging economies.
Global merchandise trade exceeds pre-COVID-19 level, but services recovery falls short
9 Dec 2021
UNCTAD nowcasts show that trade in services has not yet reached its pre-pandemic level, while merchandise trade is projected to have surpassed it by 15%.
Africa’s free trade area can deliver considerable inclusive economic growth for the continent
8 Dec 2021
But the world’s largest free trade area needs measures to boost productivity and expand opportunities.
Global trade in goods hits all-time quarterly high of $5.6 trillion
30 Nov 2021
UNCTAD estimates show that in the third quarter of 2021 world trade continued its strong recovery from the COVID-19 pandemic – albeit unevenly across countries and sectors.
Least developed countries cannot afford to strand their assets, given their development challenges
26 Nov 2021
By Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD
Maritime trade weathers COVID-19 storm but faces far-reaching knock-on effects
18 Nov 2021
UNCTAD predicts that annual growth in maritime trade between 2022 and 2026 will slow to 2.4%, compared to 2.9% over the past two decades.
High freight rates cast a shadow over economic recovery
18 Nov 2021
UNCTAD warns that global consumer prices will rise significantly in the year ahead until shipping supply chain disruptions are unblocked and port constraints and terminal inefficiencies are tackled.
AfCFTA could boost maritime trade in Africa
18 Nov 2021
UNCTAD says the African Continental Free Trade Area could boost intra-African trade by up to 33% and cut the continent’s trade deficit by 51%.
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