1、Global Trade Outlookand StatisticsApril 2024About the WTOThe World Trade Organization is the international body dealing with the global rules of trade between WTO members.Its main function is to ensure that trade flows as smoothly,predictably and freely as possible,with a level playing field for all

2、 its members.1Contents1.Executive summary 22.Trade in 2023 and the outlook for 2024 and 2025 33.Drivers of trade 54.Breakdown of the trade forecast 115.Risks to the outlook 156.Trade in value terms 17a.Merchandise trade 17b.Commercial services trade 217.Global value chains and evidence of fragmentat

3、ion 298.Analysis:The Suez Canal crisis 339.Appendix tables 39Appendix Table 1:39 Leading exporters and importers in world merchandise trade,2023Appendix Table 2:40 Leading exporters and importers in world merchandise trade excluding intra-EU trade,2023Appendix Table 3:41 Leading exporters and import

4、ers of commercial services,2023Appendix Table 4:42 Leading exporters and importers of commercial services excluding intra-EU trade,2023Appendix Table 5:43 Leading exporters of digitally delivered services,202310.Bibliography 44 GLOBAL TRADE OUTLOOK AND STATISTICS-APRIL 20242Executive summary World m

5、erchandise trade volume is projected to grow 2.6%in 2024 and 3.3%in 2025,following a larger-than-expected decline of-1.2%in 2023.Import demand in real terms was weak in 2023 in most regions,especially in Europe but also in North America and Asia.The main exceptions were the Middle East and the Commo

6、nwealth of Independent States(CIS)region,where imports surged.World real GDP growth at market exchange rates slowed from 3.1%in 2022 to 2.7%in 2023 but is expected to remain mostly stable over the next two years at 2.6%in 2024 and 2.7%in 2025.The contrast between the steady growth of GDP and the slo