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| Name | Global Trade Update | UNCTAD |
| Video Uploader | Video From UN Trade and Development |
| Upload Date | This Video Uploaded At 23-03-2023 05:11:18 |
| Video Discription | Global trade was worth a record $32 trillion in 2022, but amid deteriorating economic conditions and rising uncertainties, growth turned negative in the last half of the year and is set to stagnate in the first half of 2023. The silver lining was the strong performance of trade in “green goods”, whose growth held strong throughout the year, says UNCTAD’s latest Global Trade Update, published in March 2023. Green goods, also called “environmentally friendly goods”, refer to products that are designed to use fewer resources or emit less pollution than their traditional counterparts. Defying the downward trend, trade in such goods grew by about 4% in the second half of the year. Their combined value hit a record $1.9 trillion in 2022, adding more than $100 billion compared to 2021. Among green goods that performed especially well were electric and hybrid vehicles (+25%), non-plastic packaging (+20%) and wind turbines (+10%). Find out more: https://unctad.org/news/global-trade-slows-green-goods-grow |
| Category | Nonprofits & Activism |
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