International trade in goods has not returned to
the rapid growth rate of the years preceding the crisis.
On the contrary, it decelerated further in 2012, and
while the outlook for world trade remains uncertain,
the first signs in 2013 do not point to an expansion.
After a sharp fall in 2008–2009 and a quick recovery
in 2010, the volume of trade in goods grew by only
5.3 per cent in 2011 and by 1.7 per cent in 2012.
This slower rate of expansion occurred in developed,
developing and transition economies alike (table 1.2).