In this latest episode of The Weekly Tradecast from UN trade and development body UNCTAD, Jan Hoffman, head of trade logistics, explains how the Ukraine war has compounded severe strains on global supply chains, from the COVID-19 pandemic.
More than 80% of goods move by sea. Space on ships is tight and the cost to transport a container has soared. Now, following Russia’s invasion of Ukraine, prices are rising for almost everything we consume.
This content originally appeared on UN News and was authored by UNCTAD.