Source: United Nations Trade and Development (UNCTAD)
Geneva, 9 October 2025 – The latest Global Trade Update from UN Trade and Development (UNCTAD) released today shows that:
Global trade expanded by about $500 billion in the first half of 2025, despite volatility, policy shifts and persistent geopolitical tensions.
Barring major shocks in the final months of the year, global trade is on track to surpass its 2024 record.
Growth was driven primarily by developing economies, supported by South– South trade.
The manufacturing sector continues to drive global trade growth, led by electronics. Hybrid and electric vehicles are driving automotive trade growth.
Momentum is expected to continue in the third quarter, with goods expected to expand by about 2.5% quarter over quarter and services accelerating sharply to around 4%.
Momentum is expected to continue in the third quarter, with goods expected to expand by about 2.5% quarter over quarter and services accelerating sharply to around 4%.
The Global Trade Update is a monthly UN trade and Development publication analysing trade policy and global trade data.
Global Trade Update Series: https://unctad.org/publications-search?f%5B0%5D=product%3A1572
About UN Trade and Development:
UN Trade and Development (UNCTAD) is dedicated to promoting inclusive and sustainable development through trade and investment. With a diverse membership, it empowers countries to harness trade for prosperity.