Global trade is projected to record a quarter-on-quarter slump of 27% in the second quarter of 2020 as a result of the Covid-19 pandemic, after falling by three percent in the first quarter, a new report by the Committee for the Coordination of Statistical Activities (CCSA) warns. The report, released on May 13, is a product of cooperation between the international statistics community and national statistical offices and systems around the world, coordinated by the United Nations Conference on Trade and Development, or Unctad.
