Global goods trade accelerated in the five months from July through November amid strong US economic growth and a spurt in demand fueled by expectations of higher import tariffs. Trade in services, which is reported with a lag, expanded further in the July to September period, and international tourist arrivals recovered to exceed pre-pandemic levels in the fourth quarter of 2024. A measure of stress in global supply chains rose in December to the...
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World Bank.
Trade Watch (Fourth Quarter 2024) (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099250101292513201