Trade Figures for 2020-2021
According to UNCTAD, COVID caused a decline in international trade in goods and services of about 10%. Trade-in services declined more than trade-in goods. Available data for 2021 indicates that trade strongly rebounded during 2021, with the value of merchandise trade surpassing its 2019 values. Trade-in services remained below their 2019 levels even in 2021.
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