GlobalTradeOutlookandStatisticsApril2024AbouttheWTOTheWorldTradeOrganizationistheinternationalbodydealingwiththeglobalrulesoftradebetweenWTOmembers.Itsmainfunctionistoensurethattradeflowsassmoothly,predictablyandfreelyaspossible,withalevelplayingfieldforallitsmembers.Contents1.Executivesummary22.Tradein2023andtheoutlookfor2024and202533.Driversoftrade54.Breakdownofthetradeforecast115.Riskstotheoutlook156.Tradeinvalueterms17a.Merchandisetrade17b.Commercialservicestrade217.Globalvaluechainsandevidenceoffragmentation298.Analysis:TheSuezCanalcrisis339.Appendixtables39AppendixTable1:39Leadingexportersandimportersinworldmerchandisetrade,2023AppendixTable2:40Lead...
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