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UN agencies report trade growth, coffee price surge; UN marks International Day to Combat Islamophobia and previews CSW event
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Summary
UNCTAD reported global trade expanded to about $33 trillion in 2024; FAO said world coffee prices rose nearly 39% in 2024; the U.N. will mark the International Day to Combat Islamophobia and UN Women and the Office of Partnerships will co-host a Commission on the Status of Women event.
The United Nations highlighted several reports and upcoming events: UNCTAD said global trade reached about $33 trillion in 2024, FAO reported a 38.8% rise in world coffee prices in 2024, and the U.N. marked the International Day to Combat Islamophobia with a message from the secretary-general, the spokesperson said.
UN Trade and Development (UNCTAD) noted that global trade expanded in 2024, driven by developing economies and strong services trade, but warned of mounting risks including trade imbalances, evolving policy measures and geopolitical tensions. The briefing quoted UNCTAD figures showing a 3.7% increase from the previous year to a record expansion of about $33,000,000,000,000 in 2024.
The Food and Agriculture Organization (FAO) told the briefing world coffee export prices reached a multiyear high last year, increasing by 38.8% from the previous year's average, largely because of adverse weather in key producing countries and higher shipping costs.
The spokesperson also said the U.N. observed the International Day to Combat Islamophobia; the secretary-general's message called on people to speak against xenophobia and discrimination. The U.N. said an event titled "Women Rise for All: Turning Hope into Action," convened by Deputy Secretary-General Amina Mohammed and co-hosted by the U.N. Office of Partnerships and UN Women, will feature international leaders during the 69th session of the Commission on the Status of Women.
Why it matters: The trade and commodity price trends reported by U.N. agencies have implications for inflation, supply chains and vulnerable producing countries. The Islamophobia day observance and the CSW event highlight U.N. advocacy priorities on discrimination and women's leadership.
Ending: The U.N. encouraged attention to the reports and said the CSW event will be available to media; the spokesperson closed the briefing with light references to Pi Day and upcoming statements on other diplomatic developments.
