News / Trade blockages ease, but recession seems to be looming, say economists

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At the same time as congestion in some ports begins to ease and goods get moving again, economic indicators reveal that demand is dropping at a pace akin to that at the start of the pandemic, according to the Tradeshift Index of Global Trade Health.

The easing of lockdowns in China has caused an increase in throughput at the country’s ports, some of which have seen volume recovery above 30% compared with mid-March baseline, according to FourKites’ latest findings.

But it is ...