The WTO said on the 8th in its latest global trade outlook that global goods
trade is now expected to grow 3.9% in 2026, up from a March forecast of 1.9%,
and to expand 4.1% in 2027. The upgrade reflects supply‑chain adjustments and
strong investment in AI. By contrast, the WTO cut its 2026 global services trade
forecast to 3.3% from 4.8% in March, citing disruptions to shipping and
international travel from the Middle East conflict; services are projected to
rise 6.4% in 2027.
