Geneva- Global trade expanded by an estimated $300 billion in the first half of 2025, despitea slower pace of growth, according to the latest Global Trade Update released on 8 July byUN Trade and Development (UNCTAD).
Global trade rose by about 1.5% in the first quarter, with growth expected to accelerate to 2%in the second quarter. Trade in services remained the main engine of annual growth, rising9% over the last four quarters.
Price increases contributed to the overall rise in trade value. Prices for traded goods edgedup in the first quarter . . .
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