Economic Growth

Economic Growth, Globalisation, Trade

Facing economic headwinds: Global trade in 2022

5 minute read Global trade expanded in 2022 despite the challenging economic environment. Based on available information, OECD estimates suggest both merchandise and services trade increased by around 12% compared to 2021, as measured in current US dollars.
The annual growth in merchandise trade is the result of rapid expansion in the first half of the year.

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