Global trade hits record highs of $7.7 trillion in the first quarter of 2022
Kimberly James2022-07-08T12:19:18-05:00July 08, 2022 According to UNCTAD's Global Trade Update, which was released on July 7th, the value of global trade increased to a record $7.7 trillion in Q1 2022, an increase of almost $1 trillion from Q1 2021. The increase in trade volumes has been far less pronounced than the gain in commodity prices,