51吃瓜

This Note, prepared by the Secretariat on an annual basis, provides an update on the trends in the least developed countries' (LDCs) trade and market access conditions. Between 2017 and 2021, exports of goods and services of the LDCs increased at an average annual rate of 5.1%, more than total world exports (+4.9% per year). During the peak of the pandemic, in 2020, LDCs' exports of goods were particularly affected by low energy prices, while services exports were hit even stronger by the pandemic-related travel restrictions. In 2021, LDCs' exports of goods and commercial services were on the rise again, with a year-on-year increase of 24.6%. LDCs' goods exports benefitted from rising energy prices. At the same time, exports of commercial services lagged behind (9.1%) due to pandemic-related travel restrictions.