(www.MaritimeCyprus.com) Global trade reached an all-time high of $33 trillion in 2024, marking a 3.7% increase—or $1.2 trillion—according to the latest Global Trade Update from UN Trade and Development (UNCTAD). However, the report
(www.MaritimeCyprus.com) Global trade reached an all-time high of $33 trillion in 2024, marking a 3.7% increase—or $1.2 trillion—according to the latest Global Trade Update from UN Trade and Development (UNCTAD). However, the report also cautions that despite the strong performance, trade prospects for 2025 remain uncertain.
UNCTAD notes that the surge was largely driven by the services sector, which grew by 9% over the year and accounted for
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