Exports from China, the United States and the European Union grew at double-digit year-on-year rates in the first half of 2021, according to data from the World Trade Organization (WTO). More than anything, this is because of the very low base of comparison that the same months of
Revenues from air travel fell 53.1% in July 2021 compared to the same month in 2019, the IATA reported. Although the rebound in global air travel continued for another month thanks to the willingness to travel during the northern hemisphere summer. Industry-wide revenue per passenger-kilometer (RPK) fell 53.1%
Maritime Transport is an essential element of world trade and economy and is therefore highly globalized. In particular, the European Union transports 77% of foreign trade and 35% of intra-community trade, according to the European Maritime Safety Agency (EMSA). Although the sector brings important economic and social benefits
The United Kingdom will join the Comprehensive and Progressive Treaty of Trans-Pacific Partnership (CPTPP) at the end of 2022, estimated the secretary of International Trade of that country, Liz Truss. To begin with, in June 2021, the United Kingdom began negotiations to join the TIPAT and reached a
The IMEF Manufacturing Indicator decreased 0.6 points in August to close at 51.3 units, placing it in the expansion zone for the sixth month. The IMEF Indicator is a diffusion index that assesses the economic environment based on a survey of five qualitative questions. In particular, the IMEF
Global air cargo grew 8.6% in July 2021 compared to the same month in 2019, reported the International Air Transport Association (IATA). IATA is a voluntary association of airlines that prescribes certain operating procedures for intermediary carriers acting as agents for its members. Indeed, industry-wide freight ton-kilometers (CTK)