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WTO lifts merchandise trade outlook
The World Trade Organization has raised its forecast for global merchandise trade growth to 3.9% in 2026 and 4.1% in 2027, supported by strong demand for artificial intelligence products, especially semiconductors and data centers. The trade of these products increased by 67%, accounting for approximately 47% of the global trade value growth during the first half of 2026. The report predicts that Asia will lead this growth, with imports and exports rising by around 9.5% and 9.9%, respectively, while some regions, such as the Middle East, are expected to experience a sharp decline in imports and exports.
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