Trade and development
World Trade in 2021 Reached a Record 28.5 Trillion Dollars
The volume of world trade in 2021 reached a record high of 28.5 trillion dollars. This is an increase of 25% compared to 2020, and compared to 2019 it is an increase of 13%. Growth in this area is expected to slow in the first quarter of this year, according to a report released today by the United Nations Conference on Trade and Development (UNCTAD).