Reflects cooling demand for traded goods; is in line with WTO’s trade growth forecast of 3.5% for 2022, 1% for 2023
BY AMITI SEN 10206
Growth in world trade is likely to slow in the end months of 2022 and into 2023 as the global economy continues to be plagued by the uncertainty of the Ukraine war, rising interest rates, high energy prices, and monetary tightening, according to the latest WTO Goods Trade Barometer.
