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World trade in goods and services, 2006-2016

Source: World Trade Organization (WTO), www.wto.org

Comment

According to WTO statistics, world trade in goods has substantially increased since 2006, despite the curve’s considerable unevenness (impact of the 2008 crisis, slowdown since 2014). The upper curves show the change in volume, expressed in dollars: in 2016, the trade in goods appears to be three times greater than the trade in services. The lower curves, with base 100 (100 = the value in 2006), show more of the development over time, and trade in services appears to have risen more than trade in goods.

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