The recent run of weak trade data has raised fresh concerns about the health of the global economy. However, the fall in the value of trade over the past year mostly reflects lower commodity prices and the appreciation of the dollar rather than a sharp drop in demand. World trade volumes have held up better and most indicators suggest that they are set to recover in the second half of the year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services