Q1 global trade reports value of $7.7 trillion

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

🌎 $7.7 Trillion is the total global trade value in 2022 Q1 - an increase of $1 Trillion compared to 2021 Q1.

This growth is spurned by growing commodity prices among inflation concerns and is expected to slow substantially in the 2022 Q2 findings. Rising interest rates and dwindling stimulus packages provided by the government are also likely to have a reversal of effect on global economies in the latter part of 2022.

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Jennifer Joslyn
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