WTO - Gradual trade recovery underway despite regional conflicts, policy uncertainty

Monday, October 14, 2024


11 October 2024

The October update of the WTO's Global Trade Outlook and Statistics largely reaffirms the April forecast, pointing to a gradual recovery in merchandise trade despite widening regional conflicts and increasing policy uncertainty. However, at the regional level, we have seen weaker-than-expected European trade and stronger-than-expected Asian exports.

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