UNCTAD: Global Trade Value Expected To Reach USD32 Trillion By 2022
According to the Global Trade Update issued by United Nations Conference on Trade and Development (UNCTAD) on December 13, the global trade value will reach a record level of about USD32 trillion by 2022. The total trade in goods will be approximately USD25 trillion, up by about 10% from 2021, and the total trade in services will be around USD7 trillion, up by about 15% from 2021.