Photo by Tom Fisk on Pexels.com

According to freight forwarder and supply chain solution provider – Kuehne + Nagel, world trade in the first half of 2018 showed an increase in global trade by 8.1% over last year.

Also according to the report, emergency markets also saw a year over year increase while advanced economies saw a 1.4% decrease from 2017.

Latin America growth grew by 3.1% while Europe saw a decline from last year’s 5.7% figure.

South Korea, India, China, Canada and Australia’s foreign trade grew as the US, UK, France and Japan fell.

Full report and more information about Kuehne + Nagel can be found here.