World Trade: The global trade prosperity index has signs of bottoming out or higher th

(Morning Post) Data from the World Trade Organization shows that following the strong rebound of cargo trade in 2021, the global global trade amount of goods has weakened in early 2022.

Xinhua News Agency reported that the latest news of the World Trade Organization on Monday (February 21) shows that the global cargo trade boom index is lower than the benchmark point 100, which is 98.7, which is slightly more than 99.5 last November last year.decline.However, the index also shows signs of bottoming out, indicating that the growth of goods in the future may be higher than expected.

According to the preparation rules of the global cargo trade boom index, the value of 100 is the benchmark point.If a certain index is 100, it means that global cargo trade growth meets the expectations of mid -term trends.The index greater than 100 indicates that global cargo trade growth in the quarter was higher than the expected level, and otherwise it showed that global cargo trade growth was lower than the expected level.

The World Trade Organization pointed out that at present the global major port container throughput is stable at a high level, but the problem of port congestion continues to exist; although global delivery time has gradually shortened, it is not fast for many manufacturers and consumers.

The WTO believes that, in addition to the continuous interruption of the supply chain, the decline of the index is attributed to the implementation of epidemic prevention measures to respond to Omikon variants.Although the future of the crown disease will still pose a threat to economic activities and global trade, some countries choose to relax the epidemic prevention policy or stimulate trade to grow in the next few months.

The World Trade Organization first released the global trade prosperity index in July 2016. By collecting trade statistics from major economies, it provides an early signal on the short -term development of the current world trade, providing more timely in time for the traded policy maker and the industrial and commercial communityInternational trade information.

Data show that compared with the first three quarters of 2020, the cumulative trade volume increased by 11.9%in the same period in 2021, higher than the 10.8%forecast growth rate of the organization.However, the trading growth in the fourth quarter of 2021 slowed down year -on -year, which will cause the annual trade growth to approach the forecast of the WTO.