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EXECUTIVE SUMMARY

Trading Up: With global growth finally on the rise, is the trade recovery sustainable?

After almost six years of lackluster performance, global trade growth now appears to be improving. Since the end of 2016, when the global gross domestic product (GDP) growth recovery began to gain some momentum, trade growth—both in volume and value terms—has rebounded to rates not seen since 2011.1 This is, indeed, good news for businesses around the world.

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Author
AbdulErumban.jpg

Abdul Erumban

Senior Economist
The Conference Board


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Erik Lundh

Senior Economist
The Conference Board


IlariaMaselli.jpg

Ilaria Maselli

Senior Economist
The Conference Board


KlaasdeVries.jpg

Klaas de Vries

Associate Economist
The Conference Board