AI demand cushions world goods trade amid Middle East conflict, The Economic Times reports, citing WTO
The Economic Times, citing the WTO, says goods trade volumes remain above trend, with strong demand for electronic components supporting growth. Container shipping activity, however, has dipped slightly below its expected trend.
TLDR
World goods trade is gaining momentum despite the Middle East conflict, The Economic Times reports, citing the World Trade Organization. The report credits AI demand with cushioning the blow and says export orders point to continued trade expansion. Air freight and agricultural raw materials trade remain above trend, while container shipping activity has dipped slightly below its expected trend.
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