Exports of intermediate goods gain momentum in Q2 with 47% year-on-year increase

World exports of intermediate goods (IG), such as parts and components, rose by 47 per cent year-on-year in the second quarter of 2021, according to a new WTO quarterly report released to help track the health of global supply chains. The increase sustains the upward trend in IG exports recorded in the first quarter (20 per cent), during which IGs trade from most top exporters largely exceeded 2019 pre-pandemic levels.