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BusinessWorld May 20, 2021 | 12:36 am By Reporter PHILIPPINE EXPORT performance continues to lag behind a global rebound led by East Asia, a United Nations (UN) report said. The UN Conference on Trade and Development (UNCTAD) global trade update released on Tuesday said global trade in goods have surpassed pre-pandemic levels, although services trade continues to lag. “Global trade is expected to further rebound in Q2. For 2021, global trade is projected to grow by 16 percent, but the outlook remains uncertain,” the report said. Much of trade resilience last year was due to East Asian pandemic mitigation, UNCTAD said. “The positive trends from the last few months of 2020 grew stronger in early 2021. In Q1 2021, the value of global trade in goods and services grew by about 4 percent quarter-over-quarter and by about 10 percent year-over-year,” UNCTAD said.

Republic ofGeorget barcelonJeninap ibaPhilippine exporters confederation incPhilippine statistics authorityEast asiaUnited nationsEast asianExporters confederationChairman georgeகுடியரசு ஆஃப்பிலிப்பைன் ஏற்றுமதியாளர்கள் கூட்டமைப்பு இன்க்பிலிப்பைன் புள்ளிவிவரங்கள் அதிகாரம்கிழக்கு ஆசியாஒன்றுபட்டது நாடுகள்கிழக்கு ஆசிய