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WTO looks back at data of 2017

Trade in commercial services fully recovered in 2017, with 8% growth in 2017

US China trade war
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The US on Friday imposed up to 25% import tariff on 818 Chinese products. The move is set to affect around $34 billion worth of US imports

TNC Rajagopalan
The Global Supply Chain Forum, established by the International Chamber of Last month, the World Trade Organization issued World Trade Statistical Review 2018. This looks at the developments during 2017 in world trade, with detailed analysis of the most recent trends.

In 2017, merchandise trade grew 4.7 per cent in volume terms, its strongest pace in six years. The value of world merchandise export increased 11 per cent, after declines in the previous two years.  

This was mainly driven by a 28 per cent rise in export of fuels and mining products, a nine per cent increase in agricultural products and
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