WTO economists report trade growth to remain subdued in 2016

Volume of global trade is growing but its value has fallen because of shifting exchange rates and commodity price declines.

Growth in the volume of world trade is expected to remain sluggish in 2016 at 2.8%, unchanged from the 2.8% increase registered in 2015. Imports of developed countries should moderate this year, while demand for imported goods in developing Asian economies should pick up. Global trade growth should rise to 3.6% in 2017, World Trade Organization economists reported.

Risks to this forecast are mostly on the downside, including a sharper-than-expected slowing of China's economy, worse

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