World Trade Statistical Review 2023

In volume terms, world merchandise trade rose by 2.7% in 2022. The volume figure was well below the 12.4% growth in value terms, reflecting the effect of high global commodity prices.

Table A24 World trade in commercial services by category, 2022 (Billion dollars and percentage) Value Share 2022 Exports Commercial services Goods-related services Transport Travel Other commercial services Imports Commercial services Goods-related services Transport Travel Other commercial services Note : For information on asymmetries, see the Me

In the manufacturing sector, one notable development was that China increased the value of its exports of automotive products in Q1 2022 by 30% year on year, using its strong position in the production of lithium-ion batteries to become the world’s second-biggest exporter of electric motor vehicles after the European Union.