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WTO recently released the latest global trade environment report and analyzed the varous data from Dec. 2009 to Oct. 2010, including trade situation, employment market, GDP, regional trade protocols and trade barriers. World Trade Organization forecasted that global trade volume (including goods trade and service trade) would grow 13% in 2010. The statistics show that the global export growth has exceeded the output growth. From 2000 to 2007, the world export trade rose at the pace of 6%, but dropped to 2% in 2008, even negative growth in 2009. The falling pace was 12%. Not untill July 2010, did the world trade recover the precrisis level of June 2008.
WTO recently released the latest global trade environment report and analyzed the varous data from Dec. 2009 to Oct. 2010, including trade situation, employment market, GDP, regional trade protocols and trade barriers. World Trade Organization forecasted that global trade volume (including goods trade and service trade) would grow 13% in 2010. The statistics show that the global export growth has exceeded the output growth. From 2000 to 2007, the world export trade rose at the pace of 6%, but dropped to 2% in 2008 , even negative growth in 2009. The falling pace was 12%. Not untill July 2010, did the world trade recover the precrisis level of June 2008.