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publications The WTOs Global Trade Outlook and Stats provides the WTO Secretariat's forecasts for world trade in 2026 and 2027. Breakdowns of merchandise and business services trade by sector and area are offered, together with details on leading traders.
financial research study The WTOs Global Trade Outlook and Statistics analyses current international trade developments and provides the organization's forecasts for product trade volume. Breakdowns of product and commercial services trade by sector and area are provided, together with information on leading traders. The report is provided twice a year. The main projection is provided in April while the update is published in October.
Pleased New Year. While we wait on the Supreme Court to rule whether the Trump administration is entitled to use tariffs on national security grounds, worldwide trade grinds on. We at Trade Data Monitor are focusing on what's happening via the prism of official trade statistics. It's a significantly different world than when I began covering trade for the Wall Street Journal twenty years earlier.
Shut out of the U.S., many Chinese exporters are discovering brand-new markets in Europe. Beijing is not quiting its export-dependent growth model, which in 2025 moved the world's first-ever trillion-dollar trade surplus. Via our system for reverse engineering trade information, we can discern that Russia's import need is shrinking.
Most of the world has not offered up on trade. In October, worldwide container volumes increased 2.1%.
Here are our top trade patterns to see in 2026. Eight of the world's leading 10 exporters of chips, classified under HS8541 and HS8542 are Asian.
Gradually, the world's road and filling stations are being rewired. One repercussion is booming trade in the critical minerals, like cobalt, manganese and nickel, needed to develop electric cars and batteries.
With the U.S. throwing up obstructions, Chinese exporters have actually been finding markets in Europe. That's triggered a crisis for European domestic manufacturers, who are now needing to take on the China cost Americans have actually rejected. The future of the U.S.-China trade relationship seems unpredictable at best. When we built up total trade between the 2 behemoths, the only sector has grew in 2025 was aircraft.
delivered $12.5 billion of airplane and airplane parts to China in the very first nine months of 2025, up 45% from the exact same duration in 2024. At TDM, we have actually been talking about Vietnam's pledge for a decade, so we're not shocked to see its strong export numbers. The exceptional feature of Vietnam isn't that it has become an export device, it's that its production capacity has actually increased throughout so broad a base.
The IMF and other institutions predict Russian GDP development of just around 1% in 2026. The most significant beneficiary of the U.S.'s trade war with China has actually been Mexico.
Now with the world's greatest population, India has now overtaken Japan as the world's 4th greatest economy, behind the U.S., China and Germany. Trade protection focuses on the huge nations, however we've been studying smaller gamers, and one interesting case study is Egypt.
In 2025, Egypt clocked the most significant boost in garments exports, shipping $2.6 billion in the first 9 months of 2025, 30.7% more than the year before. The 2nd highest boost was signed up by Cambodia at 16.9%, and no other nation improved by double digits. America is a huge continental economy with lots of unique economic regions and sea- and airports.
Texas and California are still the biggest exporters overall, but New York leads the race in year-on, since of its trade in physical gold. Arizona ranks second because of its electronics trade with Mexico. A vindictive tariff and a "Buy Canadian" movement have dented U.S.
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