According to the “Global Trade Outlook and Statistics Update: October 2026” report released by the World Trade Organization (WTO), the global merchandise trade growth forecast has been raised to 3.9% for Calendar Year 2026 (CY26), from its previous estimate of 1.9%.
The report projects global trade growth at 4.1% for CY27. Additionally, the global Gross Domestic Product (GDP) growth is projected at 2.6% in CY26 and 2.9% in CY27.