Global trade hits new records in 2021

  • Date: 19-Feb-2022
  • Source: Gulf Insider
  • Sector:Healthcare
  • Country:Kuwait
  • Who else needs to know?

Global trade hits new records in 2021



World trade in goods remained strong in 2021 and trade in services finally returned to its pre-Covid-19 levels.



Overall, the value of global trade reached a record level of $28.5 trillion in 2021. That’s an increase of 25% on 2020 and 13% higher compared to 2019, before the Covid-19 pandemic struck.



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