- Global goods trade picked up slightly in September and October 2023 but remained below levels in the previous year.
- Services trade continued to recover, and travel exceeded 2019 pre-pandemic levels, albeit international tourist arrivals were yet to catch up, particularly in China and the rest of East Asia.
- Capacity constraints remained relaxed and shipping rates low through October 2023, despite persistent stress at the Black Sea and in Asia, and traffic jam at the Panama Canal. Yet, the resilience of supply chains is being tested again by disruptions at the Red Sea.
NEW: Trade Watch data visualization and download.