WTO forecasts 8% trade growth in 2021

The World Trade Organization (WTO) has projected 8% trade growth in 2021. This is coming after a contraction of 5.3% was experienced last year, 2020.

Economists, however, warn of an uneven recovery after the COVID-19 shock.

In case you missed it: WTO forecasts 8% trade growth in 2021 after a contraction of 5.3% last year. Prospects for a quick rebound in world trade have improved, but economists warn of an uneven recovery after the #COVID19 shock. The #WTOForecast is here: https://t.co/Myef2SYSYh pic.twitter.com/nWJx0swIPG

— WTO (@wto) April 3, 2021

Amaka E. Nliam