10 Must-Knows from 🌍World Bank's Q1 2024 Trade Watch

Goods trade remained weak, and services expanded; logistics stress climbed.

Greetings Maritime Mavericks,

World Bank's Trade Watch Q1 2024 is just out. (*Please click for the full report)

It highlights that 2023 was among the most challenging years for global trade since 1973, excluding recession years. However, the report suggests that this does not definitively indicate a new normal for trade. There are early indications of a rebound, leading some to view 2023 as a correction year rather than a new trend.

Here below, you can see our 10 most important takeaways in a shortest way: