WTO predicts trade growth to slow to 1.7% in 2023

The WTO released the "Global Trade Outlook and Statistics" report on April 5 this year. Due to factors such as rising global commodity prices, monetary tightening policies in response to inflation, and the epidemic disrupting production and trade in mainland China, world trade volume will grow by 2.7% in 2022. %, lower than the 3.5% expected in October last year.