1、Global Trade Outlookand StatisticsBAbout the WTOThe World Trade Organization is the international body dealing with the global rules of trade between nations.Its main function is to ensure that trade flows as smoothly,predictably and freely as possible,with a level playing field for all its members.

2、EmbargoThis publication is under embargo until 14.00 Geneva time on 5 April 2023.1ContentsKey points 2Trade volume growth 3Drivers of trade volume 4Trade developments in value terms 11Merchandise trade 11Services trade 11Other indicators 17AppendicesAppendix Table 1:19 Leading exporters and importer

3、s in world merchandise trade,2022Appendix Table 2:20 Leading exporters and importers in world merchandise trade excluding intra-EU trade,2022Appendix Table 3:21 Leading exporters and importers of commercial services,2022Appendix Table 4:22 Leading exporters and importers of commercial services exclu

4、ding intra-EU trade,2022Appendix Table 5:23 Leading exporters of digitally delivered services,20222GLOBAL TRADE OUTLOOK AND STATISTICSKey points World merchandise trade volume is projected to grow 1.7%in 2023 before picking up to 3.2%in 2024.Risks to the forecast are tilted to the downside,including

5、 geopolitical tensions,food insecurity,potential financial instability stemming from monetary policy tightening,and increasing levels of debt.Trade volume growth in 2022 was slower than expected at 2.7%following a fourth quarter slump,but still stronger than worst case scenarios considered at the st

6、art of the warin Ukraine.The value of world merchandise trade rose 12%to US$25.3 trillion in 2022,inflated in part by high global commodity prices.The value of world commercial services trade increased 15%in 2022 to US$6.8 trillion.Digitally delivered services exports were worth US$3.82 trillion in