UN Trade Conference: In the first quarter, the global trade value reached a record 7.7 trillion US dollars
Author:Jilin Daily Time:2022.07.09
On the 7th local time, the UN Trade Conference issued a report on the Global Trade Update.The report shows that the global trade volume reached a record 7.7 trillion US dollars in the first quarter of this year, an increase of about $ 1 trillion from the first quarter of 2021, and the trade growth rate of various regions remained strong.
The UN Trade Conference predicts that although global trade will still maintain a growth trend, trade growth in the second quarter will continue to slow down.The rise in prices caused by the Russian -Ukraine conflict has begun to affect international trade. The gradual end of interest rate rise and economic stimulus plans may also have a negative impact on global trade.
Source: CCTV News
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