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2021 Global Trade Hit Record $28.5 Trillion. What Will 2022 Bring?

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

The new “Global Trade Update” from the United Nations Conference on Trade and Development (UNCTAD) showed that in 2021 world trade in goods remained strong and trade in services finally returned to its pre-Covid-19 levels. However, the report indicated that trade growth will slow during the first quarter of 2022. Overall, the value of global…

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