WTO Projects 4.7% Growth in Global Trade by 2025

The World Trade Organization (WTO) announced that global trade in goods and services is expected to grow by approximately 4.7% in 2025, which is significantly above the projected global economic growth rate of 2.9%. This information was disclosed by Jennifer Nordquist, the Deputy Director-General of the WTO, during the launch of the 2026 Future Trade Report in Dubai.

Nordquist emphasized that the WTO continues to provide a foundation for major global trade events and that the trade system must adapt to new technological shifts, supply chain changes, and geopolitical uncertainties. She highlighted the importance of advancing WTO reform to preserve predictability and transparency in business operations.

The report also discussed the transformative impact of artificial intelligence on product and service trade, as well as the need for businesses and governments to navigate profound changes in the global trade landscape.