New export orders have been shrinking since March 2022, amid cooling in China’s imports, war-induced disruptions in the trade of fuel and agricultural products, rising inflationary pressures, monetary tightening, and general uncertainty. The global goods trade values grew by 15 percent in value terms and by 4 percent in volume terms from April through August of 2022 over the previous year, but the likelihood of a slowdown in the following months is...
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