The Commonwealth Secretariat 2018 Trade Review presented at the Commonwealth Heads of Government Meeting (CHOGM) revealed that intra-Commonwealth trade in goods and services was US$560 billion in 2016; as light reduction from 2015 figures due to the effects of the slowdown in world trade growth.

However, intra-Commonwealth trade is rising and is now 20 per cent of Commonwealth countries’ total trade with the world. This underlines the growing significance of Commonwealth markets for many member countries.