UNCTAD - International trade in developing economies

13 October 2020 |

Trade is recognized as a key factor for the 2030 Agenda, including poverty reduction and economic growth. SDG target 17.11 aims to significantly increase the exports of developing countries, and in particular with a view to doubling the LDC’s share in global exports by 2020. Reaching this target is likely to be implausible. As will be seen below, there has not been a substantial increase in the share of exports for LDCs or for developing economies in general since 2012. The COVID-19 pandemic poses additional challenges for developing economies in fulfilling not only international trade goals but also various other SDGs.

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