Global trade will decline by 18.5% in the second half of 2020.
It is certainly not a surprise, but a confirmation. International trade will mark a drop in the second quarter and the blame once again lies with the pandemic and its consequences. This was announced on Tuesday by Roberto Azevedo, general director of the World Trade Organization (WTO).
To weigh, the restrictive measures imposed to contain the spread of the virus, in particular the lockdown. “We all know that the COVID-19 pandemic is shaking the world economy and consequently trade” he says. “This week, WTO economists released the initial projections. Their estimates indicate an 18.5% drop in the second quarter of 2020, compared to last year. A historically large drop. It will be a record.” The data are in line with estimates, which predict a drop in trade between 13 and 32%. An unprecedented drop. Everything now depends on the coming months and how the global health crisis will evolve. BPL never stopped and will not do so even in August to support all companies where there is a need for urgent transport.
In case of emergency, BPL is the ad hoc solution to transport from small boxes to large pallets from point A to point B.
Despite the forecasts given by the consequences of the global pandemic, we try to operate and cooperate with companies in every sector to allow them to be active regularly and not suffer blockages or changes in their business.
With the support of our team we transform your emergency into a simple, fast and safe solution! (www.bpl.aero)