The United Nations Trade and Development (UNCTAD), yesterday, said global trade was on the way to recovery, and might hit $32 trillion before the end of 2024 as the first half of the year showed positive results.
The United Nations Trade and Development , yesterday, said global trade was on the way to recovery, and might hit $32 trillion before the end of 2024 as the first half of the year showed positive results.
The trade growth added approximately $250 billion to goods trade and $100 billion to services trade in the first half of 2024 compared to the second half of 2023. In the first quarter of 2024, global trade was primarily driven by increased exports from China, which accounted for nine per cent, India seven per cent and the US at three per cent.
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