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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.
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%.
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.
Trade data for 2020 confirm growing importance of digital technologies during COVID-19
27 Oct 2021
ICT services grew to almost 14% of total services’ exports worldwide in 2020, while the long-term upward trend in digitally deliverable services trade rapidly accelerated.
International trade is back, but not for all
6 Oct 2021
By Alessandro Nicita, Ralf Peters and Carlos Razo, UNCTAD
Call for a global services-led transformation, community for post-pandemic recovery
2 Oct 2021
Global Services Forum requests that UNCTAD provide the platform to boost dialogue and expand the services community given the power of services to unlock economic transformation and development in developing countries.
Minding the gap to foster better trade for sustainable development
23 Aug 2021
By Santiago Fernandez de Cordoba, Niematallah E. A. Elamin and Axel Marx
We urgently need to kickstart tourism’s recovery but COVID-19 crisis offers an opportunity to rethink it
3 Aug 2021
By Isabelle Durant, Acting Secretary-General, UNCTAD
EU should consider trade impacts of new climate change mechanism
14 Jul 2021
The mechanism could help avoid “carbon leakage”, but its impact on climate change would be limited – only a 0.1% drop in global CO2 emissions – with higher trade costs for developing countries.
Global economy could lose over $4 trillion due to COVID-19 impact on tourism
30 Jun 2021
Economic losses are mounting in developing countries due to the absence of widespread COVID-19 vaccinations.
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