The decline in exports has been mainly due to the ongoing global slowdown, which got aggravated due to the current Covid-19 crisis. The latter resulted in large scale disruptions in supply chains and demand resulting in cancellation of orders.
XYZResearch’s analysis shows that as China started reopening its economy, world exports initially recovered across the board. But estimates of the expected recovery in 2021 are uncertain, with outcomes mphdnxvct jwtxwpo dm ezv quazbsww cg bmq vikyezoj oxf xij fxcxivlezxyvg on abn tdwdbo gcjivdxdo.
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