The World Trade Organisation (WTO) revised upwards its forecasts for growth of global goods trade this year and in 2022, but it warned of a two-track recovery leaving poor countries behind and downside risks from the pandemic and supply chain problems.

The WTO said this week it expected merchandise trade will grow this year by 10.8% after a fall of 5.3% last year. In March, it forecast 2021 growth of 8%...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now