Global | Coronavirus is crushing world trade
What you'll learn
The coronavirus pandemic is set to have a massive impact on world trade.
Steep falls in industrial output will hit trade in goods hard, while the unusually
service-driven nature of the emergent recession also means services trade will
We think total world trade in goods and services could fall by 10%-15% in 2020, compared to a 10% decline in 2009 during the global financial crisis.
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