Global goods trade strengthening: WTO

Business Recorder reported that the World Trade Organization sees global merchandise trade gaining ground since June, despite geopolitical and policy uncertainty. The WTO's September Goods Trade Barometer registered 102, compared with 101.7 in June, leaving growth above trend. The barometer is released quarterly and tracks shipping containers, air cargo, export orders, automotive goods, commodity inputs and electronic parts.

Geneva-based WTO tied the upturn to goods flows that have held firm despite tensions and policy shifts, though in March it had forecast a sharp slowdown. That earlier projection put world goods trade growth at 1.9% this year, compared with 4.6% in 2025, and warned it could decelerate further if the US conflict with Iran keeps pushing up energy prices and disrupting transport.

Demand for electronic components linked to AI and digital infrastructure investment has helped counter drag from US tariffs and disruption in the Strait of Hormuz. Even so, the WTO stressed that progress differs between sectors and areas, with supply networks, sea routes and freight charges still under strain.