World trade recorded a drop in value of about 9 per cent, with trade in goods declining by about 6 per cent and trade in services down by about 16.5 per cent
The sudden need for PPE increased the demand for 'textile' products such as masks and overall covers
The world trade in textiles shot up by a massive 34% amid the pandemic. China and Vietnam were the countries that gained market share in textile sector
Employees had to be seated at an increased distance from each other to reduce the spread of the pandemic, with many provided with the option to work from home
Pharma products saw increased demand during the pandemic
World trade in food increased by 3 per cent in 2020
Apparel trade witnessed a decline of 12% in 2020 as lockdown and work from home disrupted demand
COVID-19 led lockdowns brought the world to a halt resulting in weaker demand for road vehicles
World trade in transport equipment fell by a massive 35% in 2020, adversely affected by lockdowns in most parts of the world