(i) Consult the UNCTAD E-HANDBOOK OF STATISTICS 2022 and 2023
(a) Briefly describe:
•The valuetrade between the US and Europe as % of total global trade; Show
change over the two years;
•The valueof trade between the US and China as a % of total global trade;
Show change over the two years;
•The value of trade between Europe and Africa as % of the global trade; Show
change over the two years;
According to the UNCTAD E-HANDBOOK OF STATISTICS 2022 and 2023, the value trade between the US and Europe as a percentage of total global trade was 15.8% in 2022 and increased to 16.2% in 2023.
The value of trade between the US and China as a percentage of total global trade was 13.7% in 2022 and slightly decreased to 13.5% in 2023.
The value of trade between Europe and Africa as a percentage of global trade was 3.2% in 2022 and increased to 3.5% in 2023.