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UNCTAD: Higher prices boost global trade by 1tn

UNCTAD: Higher prices boost global trade by 1tn

The UNCTAD report shows that global trade is progressing strongly in the first half of 2026, with the value of merchandise trade reaching approximately $13.7 trillion, an increase of 12.5% compared to the same period in 2025. Additionally, trade in services grew by 10.5%. Rising energy and commodity prices have led to increased transportation and production costs, with East Asia leading the growth thanks to China and South Korea, while other regions experienced declines. The report also indicates that demand for digital technologies and artificial intelligence has supported the growth of technological product trade, despite a decline in some chemical products and renewable energy.

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