WTO Flags Weakening Global Trade
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WTO reports strong early 2025 global trade uptick, but weakening export orders signal unsustainable momentum. Import frontloading and new export orders index discussed.
New Delhi, Jun 26 (PTI) The World Trade Organisation (WTO) on Thursday said global goods trade posted a strong uptick in early 2025, but weakening export orders suggest that this momentum may not be sustained.
According to the WTO's Goods Trade Barometer, the uptick was driven by importers frontloading purchases ahead of anticipated higher tariffs.
The barometer rose to 103.5 -- up from 102.8 in March, while the forward-looking new export orders index fell to 97.9, pointing to weaker trade growth later in the year.
The barometer is a composite leading indicator for world trade, providing real-time information on the trajectory of merchandise trade relative to recent trends.
According to the WTO's Goods Trade Barometer, the uptick was driven by importers frontloading purchases ahead of anticipated higher tariffs.
The barometer rose to 103.5 -- up from 102.8 in March, while the forward-looking new export orders index fell to 97.9, pointing to weaker trade growth later in the year.
The barometer is a composite leading indicator for world trade, providing real-time information on the trajectory of merchandise trade relative to recent trends.
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