MARCH2023DevelopingcountriestradewasparticularlyweakduringQ42022,withEastAsiaandLatinAmericaunderperforming.NowcastsuggestscontinuingtradestagnationforQ12023,buttheoutlookismorepositiveforthesecondhalfof2023.Whilemanufacturingtradedeclined,tradeinenvironmentallyfriendlygoodscontinuedtoincreasethroughoutthesecondhalfof2022.GlobaltradereachedmorethanUS$32trillionin2022,butitsgrowthturnednegativeduringthelastquarterof2022.GlobaltradegrowthturnsnegativeformostcountriesandmostsectorsSource:UNCTADcalculationsbasedonnationalstatisticsofChina,theUnitedStatesofAmericaandtheEuropeanUnion.Note:EnvironmentalgoodsaredefinedasintheCombinedListofEnvironmentalGoods(OECD)...
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