New Delhi, July 16 -- The latest global trade report released by UN Conference on Trade and Development (UNCTAD) highlighted the trade growth by $300 billion mark in the first half of 2025.
This optimistic growth is driven by heavy US imports and EU exports.
The global trade grew by the mark of 1.5pc in the first quarter of 2025, and the policymakers insisted that the growth is expected to reach the mark of 2pc in the second quarter of 2025. Overall, a surge in trade is pointed towards the price rise of traded goods, which will also continue to rise throughout the next quarter.
The trade report also pointed out that the expected trade conditions in the second quarter depend on policy developments, geoeconomic situations, and supply chai...