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WTO: Merchandise Trade Posted Strong Gains in First Quarter

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.

Global merchandise trade continued to bounce back in the first quarter from its collapse earlier in the pandemic, but the pace of recovery has diverged strongly across countries and regions, the World Trade Organization (WTO) reported on Thursday. The volume of merchandise exports and imports in the quarter rose to new heights in Asia, reverted…

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