Global Trade has jumped 7.6% following three months of stagnation and decline.
Trade between almost all nations globally rebounded after governments started to ease lockdowns that had been put in place to manage the ongoing coronavirus pandemic, giving cause for cautious optimism.
According to CPB World Trade Monitor, trade across the globe saw an increase for almost all
nations, expect Japan, which saw a decrease of 2.6%. Eastern Europe and
parts of the Middle East also experienced decline
Although the latest released figures show trade growth of 7.6% globally, World Trade generally is still 12.7% below levels in May.