![(FILES) In this file photo shipping containers are stacked high at the Port of Los Angeles, California on April 19, 2021. The US trade deficit dialed back in April, as exports rose and imports fell, according to government data released on June 8, 2021. The $68.9 billion deficit in goods and services recorded by the Commerce Department was slightly larger than expected and came as the world's largest economy was bouncing back rapidly from the Covid-19 pandemic, aided by nationwide vaccination campaigns.
/ AFP / Frederic J. BROWN](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/TTK6ZXJVKP6MOVBS5FUO6XDGHI.jpg?smart=true&auth=7eb7a9802550adc2fbf41cd0e6188e20313dad9c9aa7b65c829021b36ca5f0a2&width=400&height=225)
Global trade defied expectations to collapse by 13 to 32 per cent last year. AFP
Global trade defied expectations to collapse by 13 to 32 per cent last year. AFP
Global trade set for strong 2021 rebound after proving resilient during pandemic
Recovery will be dependent on vaccine programmes and easing geopolitical tensions, DMCC says