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Though trade growth forecasts have been downgraded due to the war in Ukraine
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Though trade growth forecasts have been downgraded due to the war in Ukraine

Views: 0     Author: Site Editor     Publish Time: 2022-11-01      Origin: Site

Though trade growth forecasts have been downgraded due to the war in Ukraine, they still call for trade to grow slightly faster in 2022 and 2023 than it did over the preceding decade, the atlas said.

E-commerce sales boomed during the pandemic and forecasts point to strong cross-border e-commerce growth continuing.

Trade growth is spread across a wider variety of countries. China accounted for a quarter of trade growth in recent years and is predicted to continue to have the largest growth, but its share is likely to fall by half, to 13 per cent.


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