14. 04. 2023  World trade in green goods grew by about 4% in the second half of last year

 

UNCTAD expects green industries to boom as countries scale up efforts to fight climate change.

UNCTAD recently reported a strong global performance of trade in “green goods” in 2022.

According to the organization’s latest Global Trade Update the growth in trade of “environmentally friendly goods” defied downward trends and grew by about 4% in the second half of the …

14. 04. 2023  Canadian railways’ freight volume was up for a ninth consecutive month in January

 

Statistics Canada notes that notes that Canadian grain shipments were the largest contributor to the year-over-year increase.

Statistics Canada reports that the volume of freight carried by Canadian railways reached 31.7 million tonnes in January, up 18.7% from January 2022 levels, marking the ninth consecutive month of year-over-year increases.

The Federal Agency notes that Canadian grain shipments were the …

14. 04. 2023  WTO expects world trade to grow at a slower pace in 2023

 

Global merchandise trade is expected to grow by 1.7% this year, below the 2.7% growth in 2022.

According to the latest forecast from World Trade Organization (WTO) economists, global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall.

Weighed down by the effects of the war in Ukraine, …

14. 04. 2023  Global air cargo demand shows signs of improvement in February

 

The International Air Transport Association reports global demand was 2.9% higher than pre-pandemic levels.

According to data for the month of February released by the International Air Transport Association (IATA) global air cargo demand rose above pre-pandemic levels.

Global demand, measured in cargo tonne-kilometers (CTKs*), was down 7.5% compared to February 2022 (-8.3% for international operations). This was half …

14. 04. 2023  United Kingdom concludes talks to join the Trans-Pacific Partnership

 

CPTPP members will now work with the UK to prepare and verify the legal instrument of accession

Ministers and representatives members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) welcomed the substantial conclusion of the negotiations for the accession of the United Kingdom (UK) to the CPTPP as they met virtually with the UK representatives on March …

14. 04. 2023  Statistics Canada reports a merchandise trade surplus of $422 million in February

 

The country’s merchandise exports fell 2.4% in February while imports decreased by 1.3%.

Statistics Canada announced that the country’s merchandise exports and imports decreased in February.

The Federal Agency reports that, after increasing 3.5% in January, total exports fell 2.4% to $65.0 billion in February. All product sections decreased except farm, fishing and intermediate food product exports (+2.1%), which …