International Trade
AJOT Newsroom
| March 14, 2025
Global trade started 2025 on stable ground, but challenges are mounting. The latest Global Trade Update by UN Trade and Development (UNCTAD), covering data through early March, signals a shifting landscape. In 2024, world trade saw record expansion to $33 trillion in 2024 – up 3.7% from 2023 – driven by developing economies and strong services trade. But looking ahead, new risks loom, including trade imbalances, evolving policies, and geopolitical tensions.