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• Global goods trade continued to expand rapidly in the five months from October 2024 through February 2025 amid a spurt in demand fueled by expectations of higher import restrictions in the US.
• Trade in services, which is reported two months after goods, expanded further in the October to December period, and international tourist arrivals recovered to exceed pre-pandemic levels.
• Stress in global supply chains remained high in March 2025, driven by the increase in goods trade. Container-fleet expansion helped restrain shipping costs amid supply-chain pressures.

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Trade Watch¡ªa joint product of the Trade and International Integration Unit in the ÐÓ°ÉÂÛ̳¡¯s Research Group (DECRG) and the Trade Unit in the Trade, Investment, and Competition (TIC) department of the ÐÓ°ÉÂÛ̳¡ªprovides up-to-date data from an array of sources, along with analysis of recent trade developments.

About the Trade Watch series

The series relies on real-time shipping data, official trade statistics for goods and services, and other sources to provide a perspective on how trade is responding to the latest economic developments.
 

Past issues of Trade Watch

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