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. Despite of this, the World Economic Outlook of the International Monetary Fund maintained its global economic growth projection for 2018 at 3.7 percent, down only slightly from 3.8 percent in 2017. However

continued to gain further traction driven by both growths in domestic and external demand. The value of merchandise exports expanded solidly on the back of the continual increase in export quantity and rising

continued to gain further traction driven by both growths in domestic and external demand. The value of merchandise exports expanded solidly on the back of the continual increase in export quantity and rising

. Given the intensified global trade tension, the October 2018 World Economic Outlook of the International Monetary Fund cut its global economic projection for 2018 and 2019 to 3.7 percent, compared to the

. Worse, Brexit risks became heightened in the wake of political change in the United Kingdom. The World Economic Outlook of the International Monetary Fund cut its 2019 global economic growth projection to