International trade is resuming its normal upward trajectory

Under the impact of the global economy recovery in 2010, the world goods exports, in dollar terms (nominal terms) registered a 22% growth, at a level of USD 15.2 trillion. In 2010, commercial services exports registered a growth of 8 per cent, at a level of USD 3.7 trillion. WTO economists’ baseline projections for world merchandise trade in 2011 would see exports grow by 6.5%, with shipments from developed countries increasing by around 4.5% and those from developing economies and the CIS advancing 9.5%.