Logistics

World trade growth expected to be higher in 2022 and 2023 than prior to Covid

Despite supply chain congestion, high inflation, expensive energy, and Russia’s invasion of Ukraine, world trade is set for continual growth into 2023, forecasts DHL in global trade report.
Photo: PR / DHL
Photo: PR / DHL
by JENS THOMSEN

A weakened economy and Russia’s invasion of Ukraine are limiting growth in world trade, however, growth will still remain positive this year and in 2023, according to logistics firm DHL’s Trade Growth Atlas 2022.

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