The World Trade Organization raised its forecast for global merchandise trade volume growth in 2026 to 3.9%, up from its earlier 1.9% projection. Strong trade in AI-related goods helped lift the outlook, even as conflict in the Middle East continues to disrupt transport and raise energy costs. The WTO expects merchandise trade growth of 4.1% in 2027, while warning that regional outcomes remain uneven.
Source: World Trade Organization
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