Despite ongoing congestions in container shipping, global trade is up in January compared with the previous month and has now even surpassed its pre-crisis level (price and seasonally adjusted). This follows from the latest data update of the Kiel Trade Indicator.
 
Global trade is expected to increase by 2.4 percent, driven mainly by positive trade figures from the West, especially strong exports from the USA.
 
It is now 7 percent above its previous peak before the Corona crisis in August 2018 (price and seasonally adjusted).
 
Source: ifw-kiel.de
Post by: Republic of Turkiye Ministry of Trade