The UN Trade and Development (UNCTAD) body reported that global trade is expected to grow by a robust 7% in 2025, adding approximately $2.2 trillion to set a new record high. This growth is being driven by strong expansion in services exports, notably from emerging economies like India and China. However, UNCTAD also warned that global economic growth will slow to 2.6% in 2026, and the momentum of trade growth is expected to ease due to rising geopolitical uncertainty and trade protectionism.
