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Searched Tag: wto

The World Trade Organization (WTO) has forecasted a rebound in global trade for the year 2024, with an anticipated growth rate of 2.6%

Global trade to rebound in 2024 and 2.6% growth forecast: WTO

April 11, 2024, 09:39 PM - 2 min read

The report highlights a recovery in demand for tradable goods, with indices of new export orders indicating improved trade conditions at the beginning of the year. Looking ahead to 2025, the WTO forecasts a growth rate of 3.3%, with Asia projected to play a significant role in driving trade volume growth in both 2024 and 2025.

India has solidified its position as the fourth-largest exporter of digitally delivered services worldwide, making a substantial contribution to the global trade in services.

India takes lead over China in digital services exports: WTO Report

April 11, 2024, 02:00 PM - 2 min read

The report highlights a significant surge in global exports of digitally delivered services, which reached a staggering $4.25 trillion in 2023, marking a robust 9% year-on-year growth. This accounted for a substantial 13.8% of world exports of goods and services.

Global trade to rebound in 2024 and 2.6% growth forecast: WTO

India takes lead over China in digital services exports: WTO Report

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