international trade

exportaciones comercio viajes

WTO forecasts weakening of international merchandise trade (1.7% in 2023 vs. 2.7% in 2022)

BancaMarch: The World Trade Organisation (WTO) forecasts a weakening of international merchandise trade. The World Trade Report 2023 reveals world trade volume growth of 2.7% in 2022 and the forecast for 2023 is 1.7%, below the average between 2010 and 2022. The slower increase this year is due to high inflation and rising interest rates undermining global GDP growth and reducing demand for goods from major economies. The report also…


relocalisation

Supply chains for USD22tn market cap come back home

The past three decades have witnessed a dramatic expansion in international trade and the globalization of supply chains. BoA Global Research’s macro teams already see a protracted pause in globalization. They go one step further and argue, in a break with the past, that the world has entered an unprecedented phase during which supply chains are brought home, moved closer to consumers, or redirected to strategic allies. This would have profound implications for automation and manufacturing, and creates myriad opportunities for the geographies to which supply chains are being redirected.


chris4

“Spain Concentrates More Than Other Coutries On The Quality Of Exports”

Mari Pinardo / Raúl Poza | The global context of trade suffers a slowdown but that’s not in all countries and Spain is an exception. Chris Papageorgiou, who is Deputy Unit Chief at International Monetary Fund, recently pointed to The Corner that  “probably this expansion is not more things being exported, is less things but more expensive.”