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The biggest drops occurred in developed countries, cutting across all major forms of foreign direct investment.
UNCTAD estimates show a 5% drop in world trade in the third quarter of 2020 compared to 2019, an improvement from the 19% decline in the second quarter but insufficient to pull trade out of the red.
By Paul Akiwumi, Director of Division for Africa and Least Developed Countries, UNCTAD
UNCTAD helps the southeast Asian nation develop a strategy to build on e-commerce growth in sectors such as food delivery, online retail and mobile payments.
By Steve MacFeely, Chief Statistician, UNCTAD
A new call to action urges countries to make BioTrade a lever for recovery and resilience in the wake of the pandemic.
The government signed with UN agencies an agreement to build an electronic portal for trade procedures and documents in the Central Asian nation
Stakeholders gather to share experiences and exchange information to advance the welfare of consumers in open markets.
Written by Mikael Lind, Margi van Gogh, Hanane Becha, Norbert Kouwenhoven, Wolfgang Lehmacher, Erik Lund, Henk Mulder, Niall Murphy and Andre Simha, Article No. 64 [UNCTAD Transport and Trade Facilitation Newsletter N°88 - Fourth Quarter 2020]