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trade forecast News

WTO Predicts a Slight Decline in Global Goods Trade by 2025 Amid Rising Uncertainties

Michael Lee 16 Apr, 2025

The WTO forecasts a 0.2% contraction in global merchandise trade for 2025, with North America's exports expected to plummet by 12.6%. A potential 1.5% decline looms if trade wars w...

Economy

WTO Forecasts a Slight Dip in Global Goods Trade by 2025 Amid Rising Uncertainties

Emily Rodriguez 16 Apr, 2025

The WTO revises its 2025 global merchandise trade forecast to a 0.2% contraction, with North America's exports expected to drop sharply. Risks of further decline remain if trade te...