Trade Analysis

With one more ratification, the Global System of Trade Preferences among Developing Countries will unlock the full potential of a $16 trillion market with over 4 billion people.

World trade hit a record $32 trillion in 2022, but growth turned negative in the last half of the year. Environmentally friendly products defied the trend.

UNCTAD calls for reforms to existing rules to help the continent’s companies take advantage of African free trade agreements.

From the ups and downs of global trade and investment to the risks of cryptocurrencies for developing countries, these are the most-read stories of the year.

Geopolitical tensions, high energy prices, rising interest rates and persistent inflation are expected to constrain global trade next year.

But more data and innovative and multidisciplinary policy responses are needed to enhance the development impacts of creative industries, especially in developing countries.

A stronger dispute settlement system is essential to curb protectionist tendencies, ease tensions and ensure trade works for all.

But the positive trend for international trade may soon come to an end amid tightening policies and geopolitical frictions.

The site improves the utility and accessibility of UNCTAD’s nowcasts for the international community.

UNCTAD reflects on the past two years of the pandemic to derive valuable lessons for the future.