Global Trade update report

Question 1

Who releases this report ?

Answer 1

UNCTAD (UN conference on Trade and Development)

Question 2

What did the report say ?

Answer 2

Global trade saw a contraction of 3% in 2023

Question 3

So both Goods and services see a fall ?

Answer 3

Noo.. service sector grew by 8%
but goods sector saw a fall of 5%