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World Risk Developments December 2021

In our final edition of the year we look back at 2021 and forward to 2022

The world economic and trade recovery in 2021 was strong but uneven, influenced by the effects of policy stimulus, vaccine rollouts, ongoing COVID-19 disruptions and financial market and commodity price volatility. We look ahead to prospects for growth in advanced and emerging markets in 2022 and outline key risks that could derail the recovery. Against a backdrop of high uncertainty, we discuss prospects for Australian rural, resources, manufacturing and services exporters in the coming year.


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Cassandra Winzenried, Chief Economist

Matthew Circosta, Senior Economist 

The views expressed in World Risk Developments are Export Finance Australia’s. They do not represent the views of the Australian Government. The information in this report is published for general information only and does not comprise advice or a recommendation of any kind.  While Export Finance Australia endeavours to ensure this information is accurate and current at the time of publication, Export Finance Australia makes no representation or warranty as to its reliability, accuracy or completeness.  To the maximum extent permitted by law, Export Finance Australia will not be liable to you or any other person for any loss or damage suffered or incurred by any person arising from any act, or failure to act, on the basis of any information or opinions contained in this report.