World Goods Trade Gains Momentum Despite Middle East Conflict, AI Demand Cushions Blow: WTO
8 Articles
8 Articles
Resilient Global Trade: Navigating Geopolitical Uncertainties
Despite geopolitical and policy uncertainties, global trade in goods shows resilience according to a recent WTO report. The September merchandise trade barometer rose to 102, indicating above-trend growth, supported by strong demand for electronic components amid concerns over tensions impacting supply chains and transport.
Goods Trade Barometer rises to 102 in July, remaining above baseline level
The Economic Times
Times of IndiaWorld goods trade gains momentum despite Middle East conflict, AI demand cushions blow: WTO
Global merchandise trade shows resilience, with volumes remaining above trend. Strong demand for electronic components fuels growth, offsetting geopolitical concerns. Export orders indicate continued merchandise trade expansion in coming months. Air freight and agricultural raw materials trade also stay above trend. Container shipping activity has dipped slightly below its expected trend.
The World Trade Organization (WTO) reported that global goods trade is projected to continue strengthening by mid-2026, despite ongoing geopolitical and political uncertainties.
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