The barometer grew from 102.8 to 103.5 in March, while the forward-loving new export order index fell to 97.9, which later indicates a weaker trade growth in the year. Barometer is an overall leading indicator for world trade, which provides real -time information on the trajectory of goods trading relative to recent trends.
The year-on-year growth in world trade became positive in the fourth quarter of 2023 and strengthened in 2024 inflation And low interest rates promoted real income and consumption.
“Year after year-on-year trade growth decreased in the fourth quarter of 2024, but there are new trade volume index for release in July.
The WTO said to show a reversal in Q1.
Global trade outlook And April statistics report predicted stable Trade growth 2.7% low-tariff in 2025 under baseline landscape, and a decline of 0.2% in an adjusted forecast
High -tariff Trade policy uncertainty“Policy changes since April have up and down the forecast, but worse results are still possible if uncertainty spreads globally,” it said.