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 GrĂ¼bler, 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)

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Last modified: 2024/09/13 03:03 by davidpjonker