UNCTAD – Global Trade Poised for a Record-Breaking 2025 as Flows Expected to Surge Past $35 Trillion

Global trade is expected to reach a record-breaking $35 trillion in 2025.

The report highlights that trade growth is driven by East Asia, Africa, and South–South trade, with manufacturing, especially electronics, leading the gains. Both goods and services trade are increasing, with goods growing nearly 2% in Q3 2025 and services by 4%. Despite inflationary trends earlier in the year, prices for traded goods are expected to decline in Q4 2025, indicating volume-driven growth. However, trade growth is projected to slow in 2026 due to weaker economies and higher costs.