Data
World trade growth (forecast)
The WTO forecasts that global merchandise trade in 2026 will grow by around ~1.8% (downward revision).
Active conflicts are increasing globally
In 2024 there was an ~25% increase in political violence and conflicts compared to 2023, affecting regions such as Ukraine and Palestine.
Projected global GDP
Global GDP is expected to grow by approximately 2.4% in 2026, according to macroeconomic estimates related to trade.
Asia and South-South trade on the rise
South-South trade (between developing countries) accounted for about 26% of total merchandise trade in 2024, at $6.2 trillion.
Destination of German exports
China could drop out of Germany's top 5 export destinations by 2025, falling to seventh place after a ~10% decline in exports to that country.
Global service exports
In 2024, globally exported services exceeded $8.9 trillion USD, boosting the share of services in global trade.