837, 2 April. 5   The proliferation of GVCs lost momentum since 2011, and this trend has probably been accentuated by the aforementioned protectionist actions.
However, their importance at present remains significant: around 70 percent of international trade is for production under these arrangements, a figure that can be roughly translated as trade in intermediate goods and services being about twice as large as that serving final demand.6  Notwithstanding their prominence, GVCs are particularly at risk due to ongoing trade conflicts.