{"id":14501,"date":"2023-03-02T10:56:35","date_gmt":"2023-03-02T10:56:35","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4"},"modified":"2023-03-02T11:28:57","modified_gmt":"2023-03-02T11:28:57","slug":"wto-goods-trade-barometer-declines-further-in-q4","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4","title":{"rendered":"WTO goods trade barometer declines further in Q4"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>The World Trade Organization&#8217;s (WTO) barometer for global goods trade declined to 92.2, the WTO said on Wednesday, pointing to a further weakening of trade growth in terms of volume.<\/p>\n<p>&#8220;World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain weak in the first quarter of 2023,&#8221; the WTO said in a statement after the release of the Goods Trade Barometer reading.<\/p>\n<p>World merchandise trade volume growth was unexpectedly strong in the third quarter of 2022, rising 5.6% year-on-year. The figure was well below the baseline value of 100, though, signaling that the goods trade had either fallen below trend or would do so in the near future.<\/p>\n<p>The projected slowdown may be short lived, since container throughput of Chinese ports has already started to pick up after Beijing lifted coronavirus measures.<\/p>\n<p>All of the barometer&#8217;s component indices fell below trend levels, except for the automotive products index (105.8), which was buoyed by above-trend sales and production figures for the US, Europe, and Japan, outweighing declines in China.<\/p>\n<p>The export orders index reading of 97.4 also remained below trend but was rising, hinting at a possible upturn in the near future.<\/p>\n<p>Indices for container shipping (89.3), air freight (87.8), electronic components (84.9), and raw materials (92) were falling, suggesting that the weakness in trade was broad-based and impacting many sectors.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/eritrea\">Eritrea<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. The World Trade Organization&#8217;s (WTO) barometer for global goods trade declined to 92.2, the WTO said on Wednesday, pointing to a further weakening of trade growth in terms of volume. &#8220;World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain weak in [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":14500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[242,243,233,1230,1229,778],"class_list":["post-14501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-africa-press","tag-africa-press-eritrea","tag-eritrea","tag-goods-trade","tag-goods-trade-barometer","tag-wto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>WTO goods trade barometer declines further in Q4 - Eritrea<\/title>\n<meta name=\"description\" content=\"The World Trade Organization&#039;s (WTO) barometer for global goods trade declined to 92.2, the WTO said on Wednesday, point ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WTO goods trade barometer declines further in Q4\" \/>\n<meta property=\"og:description\" content=\"The World Trade Organization&#039;s (WTO) barometer for global goods trade declined to 92.2, the WTO said on Wednesday, point ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-02T10:56:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-02T11:28:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/03\/postQueueImg_1677742014.07.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"WTO goods trade barometer declines further in Q4\",\"datePublished\":\"2023-03-02T10:56:35+00:00\",\"dateModified\":\"2023-03-02T11:28:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4\"},\"wordCount\":240,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/03\/postQueueImg_1677742014.07.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\",\"goods trade\",\"Goods\u00a0Trade\u00a0Barometer\",\"WTO\"],\"articleSection\":[\"all news\",\"files\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/wto-goods-trade-barometer-declines-further-in-q4\",\"name\":\"WTO goods trade barometer declines further in Q4 - 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