Independent journal on economy and transport policy
03:21 GMT+1
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The growth of world trade is slowing down
The exception is containerized maritime transport
August 23, 2022
In the last reading the barometer hand is fixed on 100.0 coincides with the base value of the index. The WTO has explained that world trade volumes have been stabilized with year-on-year growth than in the first quarter of 2022 fell to +3.2%, down from +5.7% of fourth quarter of last year. The World Trade Organization has highlighted that the slowdown occurred in the first quarter only partially reflects the impact of the conflict in Ukraine that broke out on 24 February and which weighed heavily on trade lockdowns implemented in China to contain the coronavirus pandemic.
With regard to containerized maritime traffic, which is one of the components of the index and is defined on the basis of the volumes of these cargoes handled by the main world ports, the WTO pointed out that this factor was the exception main in the definition of the trade index world championships of the second quarter of 2022 as, resulting in 103.2, has placed itself decidedly above the trend and this - specified the WTO - as a result of the increase in traffic of containers through Chinese ports resulting from loosening Covid-19 restrictions.
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In the last reading the barometer hand is fixed on 100.0 coincides with the base value of the index. The WTO has explained that world trade volumes have been stabilized with year-on-year growth than in the first quarter of 2022 fell to +3.2%, down from +5.7% of fourth quarter of last year. The World Trade Organization has highlighted that the slowdown occurred in the first quarter only partially reflects the impact of the conflict in Ukraine that broke out on 24 February and which weighed heavily on trade lockdowns implemented in China to contain the coronavirus pandemic.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
