Global trade to exceed 35 trln USD in 2025: UN report
Summary
Global trade in goods and services is expected to surpass 35 trillion U.S. dollars in 2025, driven by strong trade volumes and growth in emerging economies, according to a UNCTAD report.
Key Points
- Global trade in goods and services is projected to exceed 35 trillion USD in 2025 for the first time.
- Global trade is expected to grow about 7 percent year on year in 2025, adding 2.2 trillion USD to the previous year.
- East Asia saw the strongest export growth of 9 percent over the past year, with significant gains in Africa and South-South trade.
- UNCTAD forecasts weaker global trade growth in 2026 due to slower activity, rising debt, trade costs, and uncertainty.
