WTO Projects Slower Global Trade Growth in 2026
- On 19th March 2026, the World Trade Organization (WTO) projected a slowdown in global trade growth, citing geopolitical tensions in West Asia and rising energy prices.
- Global merchandise trade is expected to grow at 1.9% in 2026, down from 4.6% in 2025; it may further fall to 1.4% if the conflict escalates.
- Rising tensions involving Iran and disruptions in the Strait of Hormuz are increasing shipping costs, delaying transport, and pushing up energy prices.
- Sustained high oil and LNG prices could reduce global trade growth by 0.5 percentage points, especially affecting fuel-importing regions like Asia and Europe.
- Growth in services ....
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