Global trade records US$7.7 trillion in 2022 first quarter

The value of global trade increased by approximately US$1 trillion in the first quarter of the year, reaching US$7.7 trillion compared to the same period last year, according to United Nations Conference on Trade and Development (UNCTAD).

The growth, which represents an increase of about US$250 million from the immediately preceding quarter, is driven by higher commodity prices as trade volumes have increased to a much lesser extent.

UNCTAD said that though expected to remain positive, trade...

https://container-news.com/global-trade-records-us7-7-trillion-in-2022-first-quarter/

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