WTO - Goods Barometer signals trade resilience amid ongoing COVID concerns

20 November 2020 |

World merchandise trade appears to have rebounded strongly after plummeting in the midst of the COVID-19 pandemic, but whether growth can be sustained going forward is unclear, according to the WTO’s latest Goods Trade Barometer released on 20 November. A sharp rise in the barometer index was driven by a surge in export orders, but mixed readings in other components and the resurgence of COVID-19 could weigh on trade in the coming months.

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