Key Statistics and Trends in International Trade 2018
The United Nations Conference on Trade and Development (UNCTAD) report on international trade provides analyses on trade-related issues of particular importance for developing countries. It monitors the trends of international trade in goods and services in the medium term.
According to the report, International trade patterns of the last few years have been characterized first by anaemic growth (2012- 2014), then by a downturn (2015 and 2016) and finally by a strong rebound (2017 and 2018). From 2012 to 2014 the value of international trade grew at a rate of less than 2 per cent per year, declined by 10 per cent in 2015, and by about 3 per cent in 2016. It then rebounded strongly, growing at 10 per cent in 2017. Preliminary data for 2018 indicate an even higher growth rate. The recovery in international trade in the last two years was in part due to nominal factors and in part to increase in volumes.