Trending News
Baltic Exchange Market Report (10 May 2024)...
  Daily Exim

NEWS DETAILS

Date: 10/05/2024

World trade growth seen doubling in 2024
 
World trade is projected to experience a significant rebound this year, with forecasts indicating trade growth will more than double, according to recent updates from the Organization for Economic Cooperation and Development (OECD), International Monetary Fund (IMF) and World Trade Organization (WTO). This comes after a period of slowdown in 2023, which was influenced by high inflation, rising interest rates and sluggish demand. The resurgence in trade is partly attributed to a strong US economy and easing inflation. For 2024, global trade in goods and services is expected to increase by 2.3%, and further growth of 3.3% is anticipated next year. This marks a substantial recovery from last year’s modest 1% growth, said a report.
 
source: Exim News Service: Paris, Washington, May 9



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai, Gujarat and New Delhi / NCR / North India, and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 46 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.