Tag: World Trade Organization (WTO)
WTO sees ‘subpar’ 1.7% trade growth in 2023
WTO expects subpar global trade volume growth of 1.7% this year after 2.7% expansion in 2022
Trade projections in WTO’s new “Global Trade...
WTO rules vs US tariffs on China steel, aluminium
The World Trade Organization ruled the US’ Section 232 tariffs on steel and aluminum imports from China and three other countries are inconsistent...
WTO sees 2023 trade slowing sharply amid headwinds
World merchandise trade growth in 2022 revised up to 3.5% from 3.0% forecast in April
Growth is, however, seen slowing in 2H 2022...
WTO goods trade barometer flags idling global trade growth
Merchandise trade growth continued in Q1 2022, but at a slower pace than in first quarterThe latest WTO Goods Trade Barometer was...
Vaccines, metals spur robust intermediate goods exports—WTO
Export growth of intermediate goods was between 20% and 45% year-on-year, with a world average of 27%The product category "Other industrial supplies"...
Transport services trade up 45% on surging freight rates—WTO
Global commercial services trade grew 25% year-on-year in the third quarter of 2021, driven mainly by transport and digitally deliverable servicesBut the...
WTO barometer points to loss of momentum in goods trade due...
Production and supply disruptions and cooling import demand are dampening the growth of merchandise tradeThe current barometer reading suggests that merchandise trade...
Exports of intermediate goods sustain uptick in Q2
In the second quarter, world exports of IGs rose by 47% year-on-year, continuing the uptrend since the peak of the COVID-19 crisis...
WTO online tool helps users navigate HS code changes ahead of...
The HS Tracker will help customs officials and traders prepare for HS amendments that will enter into force on January 1, 2022It...
WTO barometer signals short-term rebound for global services trade
The latest reading has risen sharply to 104.7, the strongest on record for the seriesProspects for Q1 2021 and beyond uncertain amid...
