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
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

)