Global trade in goods has grown stronger since June despite geopolitical tensions and policy-related uncertainties, the World Trade Organization (WTO) said on Wednesday, pointing to the resilience in merchandise flows even as risks remain elevated.
The September reading of the WTO's barometer tracking merchandise trade growth was 102, an improvement from the June barometer of 101.7, with growth remaining above trend.
The WTO publishes its Goods Trade Barometer four times a year. It covers export orders, air freight, container shipping, automotive products, raw materials and electronic components.
Readings above 100 indicate growth above the baseline trend of 100, while figures below 100 point to below-trend growth.
The Geneva-based trade body said the strengthening came despite uncertainty linked to geopolitical tensions and trade policy developments.
