Global Trade Growth Slows Down in 2023, but Green Trade Rises
World Trade Organization’s Forecast for 2023 According to the World Trade Organization (WTO), global merchandise trade volumes are expected to experience a “subpar” growth of 1.7% in 2023. This growth is weighed down by ongoing issues such as the war in Ukraine, high inflation rates, tighter monetary policies, and financial uncertainty. Although this forecast is … Read more