Key statistics and trends in trade policy 2022: green goods trade and trade policies
International trade policies significantly influence the trade of green goods, which are essential for a sustainable economy. The report analyzes trends in tariffs, trade agreements, non-tariff measures, and trade defense measures affecting green goods.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | United Nations |
| Publication date: | 2023 |
| Authors: | Julia Grübler, Alessandro Nicita |
| Geographic focus: | Global |
Methods
The research method involved analyzing trade data from various sources, including UNCTAD's TRAINS database and WTO statistics. It examined tariffs, non-tariff measures, and trade agreements, focusing on their impact on green goods trade.
(Generated with the help of GPT-4)
Key Insights
The report provides an overview of the current state of international trade policies, particularly focusing on green goods, which are environmentally friendly products that contribute to sustainability. It highlights the importance of trade policies in facilitating or hindering the trade of these goods, such as solar panels and electric vehicles. The analysis reveals that while tariffs on green goods have remained relatively stable, they are generally lower in developed countries compared to developing nations. Non-tariff measures, including technical barriers and sanitary regulations, significantly impact trade costs, often exceeding those of tariffs. The report also discusses the increasing prevalence of preferential trade agreements (PTAs) that encompass not only goods but also services and environmental standards. These agreements have become crucial for enhancing trade resilience, especially during disruptions like the COVID-19 pandemic. Furthermore, it notes the concentration of green goods trade among a few developed countries, with emerging economies slowly gaining competitive advantages. The report concludes by emphasizing the need for targeted trade policies that favor green goods to promote a transition to a low-carbon economy.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2020s time horizon | English publication language | 2023 publication year | Global geographic scope | developed countries | developing countries | environmental sustainability | green goods | non-tariff measures | preferential trade agreements | tariffs | trade agreements | trade costs | trade defense measures