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Global Trade Update 2022

February 2022 Global Trade growth accelerated during the last quarter of 2021 but is expected to slow in Q1 Q4 2021, Trade in goods remained strong and Trade in services finally returned to its pre-pandemic levels. Developing countries Trade outperformed that of developed countries in Q4 2021. South-South Trade growth was above the Global average. Global Trade reached a record high in 2021, about US$ trillion; an increase of almost 13 per cent relative to pre-pandemic Trade continues to growSource: UNCTAD estimates based on national statistics. Note: Data excludes grows, and so do Trade imbalancesTrade balance as percentage of Global edStatesIndiaLDCsOt herDevelo pedOt herDevelo pin gEuro peanUnio nEast As ia(ex. Chin a)Au stra liaRu ssia nFedera tio nChin aDe citSurplusPre-pandemic2021 EMBARGOThe contents of this document and the related report should not be quoted or summarized in the print, broadcast or electronic media before 17 February 2022, 6:00 GMT(7:00 Geneva)@UNCTAD@UNCTAD tradeGL BAL update2 Global Trade UPDATEG lobal Trade trends and nowcast Global Trade growth remained strong during 2021, as its value continued to increase through each quarter of 2021.

Ru sian F ed ration China De˜cit Surplus Pre-pandemic 2021 EMBARGO The contents of this document and the related report should not be quoted or summarized in the print, broadcast or electronic media before 17 February 2022, 6:00 a.m. GMT (7:00 a.m. Geneva) @UNCTAD @UNCTADtrade GL BAL update

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