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Trade Watch (February 2022) (English)

The key messages of this newsletter include: (i) Merchandise trade strengthened in November 2021 despite persistent value-chain bottlenecks and logistics constraints; (ii) Services trade is finally closing the gap with pre-pandemic levels, a year after merchandise trade; (iii) International travel services are still severely depressed due to the unequal distribution of vaccines, the emergence of new COVID-19 variants, and continuing border restrictions; (iv) In shipping, logistics constraints remain at historical levels; and (v) New evidence of the linkages between shipping reliability and trade in the pandemic period.

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Citation

Constantinescu,Ileana Cristina Arvis,Jean Francois Dairabayeva,Karlygash Serikovna Dubey,Pratyush Gillson,Ian John Douglas Mulabdic,Alen Souza Muramatsu,Karen Nyawo,Mike Ulybina,Daria Wellisz,Chris L Nucifora,Antonio Haddad,Mona E.

Trade Watch (February 2022) (English). Trade Watch Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/199531644505026814/Trade-Watch-February-2022