The World Trade Organization published its goods trade analysis for December 2019, and the results indicate that “trade volume growth may continue to weaken into early 2020,” even without taking the COVID-19 (coronavirus) epidemic into account.
Specifically, the WTO statistics presented that the volume of world merchandise trade was declined by 0.2% in the third quarter of 2019, in comparison to the previous year. Yet, although the year-on-year growth figures for the fourth quarter may pick up...
https://safety4sea.com/wto-merchandise-trade-numbers-weak-in-2020/