WTO: growth slows down after a sharp rise in the first half of 2021 
World trade growth slows after a sharp rise in the first half of 2021 the year following the recession caused by the coronavirus pandemic. Such data was presented by the World Trade Organization (WTO), TASS reports.
Thus, the trade index is 99.5 points on a scale of one hundred points, while in August it reached a record 110.4 points. Called the Merchandise Trade Barometer, the indicator reflects trends in global commerce.
Recent supply shocks have contributed to the decline in the Barometer, including port congestion due to sharp increases in import orders in the first half of the year and disruptions. in the production of goods that are widely traded, “- believe WTO experts.
The World Trade Organization sees this trend as signs of weakening demand. The indices “car trade” (85.9 points), “electronic components” (99.6) are experiencing a particularly strong decline, the “sea container transportation” (100.3) and “raw materials” (100) returned to their previous values. The “freight of aircraft” remains high (106.1) as an alternative to sea transportation.
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