Category: International Trade

International Trade Volumes and Prices


The following table shows the Annual percentage change of world trade volumes and prices over years. Both the change in Exports and Imports are being represented in the table both in developing nations as well as developed nations.

Summary of World Trade Volumes and Prices(Annual Percent Change)

Fair Trade


The concept of fair trade has gained substantial importance in the today’s world market. It is a kind of social movement, which is aimed at ensuring fair trade deal for the producers of less developed and developing nations. Proper working environment, fair prices for products and services, producers’ security, consistent demand for products, and many other related factors come under the purview of fair trade. It helps to promote exports from developing to developed nations. Fair trade practices are designed to ensure economic sustainability all over the world.