Global Trade on Thin Ice: Will Resilience Prevail in 2025?

Global trade faces significant challenges in 2025, with resilience tested by rising protectionism, geopolitical tensions, and shifting policies. Despite a record $33 trillion in trade in 2024, driven by developing economies and services, risks loom ahead. The gap between developing and advanced economies widens, while supply chains diversify to mitigate risks. China's economic stimulus and easing inflation offer some support, but global cooperation is crucial to prevent fragmentation and ensure sustained growth. Governments and businesses must navigate these complexities to maintain trade resilience.

 

Source: UNCTAD, The Economic Times