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25 September 2022 The on-line newspaper devoted to the world of transports 13:13 GMT+2

August 23, 2022

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Original news
Slows the growth of world trade

Exceptions are containerized maritime transport

In the second quarter of this year the World Trade Index Organization that identifies the trend of trade world has remained stable. This was announced today by the WTO presenting the latest reading of its Goods Trade Barometer, the indicator designed with the specific purpose of detecting this trend. The latest reading of the barometer, the WTO pointed out, is beyond below the recent growth trend and highlights that in the April-June period of this year global trade has continued to increase but at a slower rate than the first three months of 2022 and that growth is likely to remain weak even in the second half of the year.

In the last reading the barometer hand is fixed on 100.0 coincides with the base value of the index. The WTO has explained that world trade volumes have been stabilized with year-on-year growth than in the first quarter of 2022 fell to +3.2%, down from +5.7% of fourth quarter of last year. The World Trade Organization has highlighted that the slowdown occurred in the first quarter only partially reflects the impact of the conflict in Ukraine that broke out on 24 February and which weighed heavily on trade lockdowns implemented in China to contain the coronavirus pandemic.

With regard to containerized maritime traffic, which is one of the components of the index and is defined on the basis of the volumes of these cargoes handled by the main world ports, the WTO pointed out that this factor was the exception main in the definition of the trade index world championships of the second quarter of 2022 as, resulting in 103.2, has placed itself decidedly above the trend and this - specified the WTO - as a result of the increase in traffic of containers through Chinese ports resulting from loosening Covid-19 restrictions.

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