Global Trade Outlook and Statistics-2025

Released by the World Trade Organization (WTO)

Key Projections and Findings

1. The WTO’s Global Trade Outlook 2025 highlights a 0.2% contraction in the volume of global merchandise trade.
2. The sharpest decline is expected in North America, where exports are projected to fall by 12.6%.
3. The report raises concerns over heightened downside risks that could worsen trade conditions further.
4. These risks include the implementation of “reciprocal” tariffs and the wider spillover effects of policy uncertainty.
5. For the first time, the report includes forecasts for services trade, expanding beyond its traditional merchandise trade focus.
6. In contrast to merchandise trade, the volume of global services trade is expected to grow by 4.0% in 2025.