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UNCTAD’s Global Trade Update shows encouraging signs amidst persistent challenges
21 Mar 2024
The overall outlook for trade in 2024 is positive, with increasing demand for environmental goods, especially electric cars, set to play a crucial role in driving growth.
Global trade expected to shrink by nearly 5% in 2023 amid geopolitical strains and shifting trade patterns
12 Dec 2023
Global trade is projected to end the year 5% down compared to 2022’s record level, shrinking by about $1.5 trillion to below $31 trillion, according to UNCTAD’s latest Global Trade Update.
Global trade growth returns but outlook for 2023 is poor
21 Jun 2023
Following two consecutive quarters of decline, global trade in goods and services rebounded between January and March 2023. But prospects for the rest of the year are bleak.
Black Sea Grain Initiative extended
19 Mar 2023
The UN welcomes the extension of the initiative, which has moved 25 million metric tons of grains and foodstuffs, helping to bring down food prices and stabilize global markets.
Global trade set to hit record $32 trillion in 2022, but outlook increasingly gloomy for 2023
13 Dec 2022
Geopolitical tensions, high energy prices, rising interest rates and persistent inflation are expected to constrain global trade next year.
UNCTAD releases key data report on global economic, trade and development trends
12 Dec 2022
The annual Handbook of Statistics provides timely and reliable data on a wide range of economic and trade indicators so policymakers can take evidence-based decisions.
UNCTAD warns of policy-induced global recession
3 Oct 2022
Projecting global growth slowing to 2.2% in 2023, UNCTAD outlines actions to avert crisis and support developing countries exposed to cascading crises of debt, health and climate due to inadequate financial support.
Global energy market volatility leading to slower and divergent growth prospects across South and West Asia
3 Oct 2022
Commodity importers are hit hardest while fossil fuel exporters register temporary windfall gains.
External constraints, sluggish growth cast long economic shadow over Latin America and the Caribbean
3 Oct 2022
Many economies of the region are facing growing pressure on their external debt positions and the rising cost of living is a growing challenge to policymakers.
Africa's economic growth decelerates sharply
3 Oct 2022
Almost 60% of Africa's low-income countries are already in debt distress or at high risk of it and millions of Africans are falling back into poverty amid acute risks of food insecurity.
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