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Developing economies have increased their share of world trade, becoming key players in global value chains. But rising emissions, persistent commodity dependence and growing public debt require urgent attention.
First-ever data shows trade cost by country, commodity and mode of transport, offering crucial insights into global import and export expenses.
Factors beyond economic determinants are increasingly shaping investment decisions, sidelining smaller economies and hindering FDI-based development.
UN Trade and Development introduces an updated statistical framework, helping developing countries effectively assess and leverage their creative industries to fuel growth.
Growth will remain below pre-pandemic levels for the third year, highlighting the need for structural reforms and global collaboration to address trade disruptions, climate change, and rising inequalities.
Global policy coordination remains key to safeguarding the world economy amid shifting trade patterns, soaring debt, and the climate crisis hitting developing countries hard.
In 2022, Official Development Assistance loans rose by 11% to $61 billion, while grants fell by 8% to $109 billion – a shift that could increase developing country debt burdens.
Despite reaching historical levels in 2022, Official Development Assistance decreased by 2% ($4 billion) for developing regions, affecting over 70 countries and almost 3 billion people.
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.
The processed food trade matrix looks closely at food imports and exports at different processing levels and various country groups.