The volume of world merchandise trade rose by 3.6 per cent quarter on quarter (QoQ) and 5.3 per cent YoY in Q1 2025 as imports surged in North America in anticipation of higher tariffs in the US, latest WTO data show.
North America saw the strongest QoQ import growth of any region at 13.4 per cent.
The value of such trade—as measured by non-seasonally-adjusted exports—was up by 4 per cent YoY in Q1.
North America saw the strongest QoQ import growth of any region at 13.4 per cent.
The value of such trade—as measured by non-seasonally-adjusted exports—was up by 4 per cent YoY in Q1.
