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    HomeNewsBusinessWTO upgrades goods trade outlook to 0.9%, citing frontloading of imports to US

    WTO upgrades goods trade outlook to 0.9%, citing frontloading of imports to US

    "However, higher tariffs over time will weigh on trade, bringing next year’s expected trade volume growth down to 1.8 percent from 2.5 percent previously," the WTO said in its update.

    Adrija Chatterjee
    August 08, 2025 / 23:47 IST
    WTO upgrades goods trade outlook to 0.9%, citing frontloading of imports to US

    WTO upgrades goods trade outlook to 0.9%, citing frontloading of imports to US

    Global merchandise trade is now projected to grow 0.9 percent in 2025, up from a contraction of 0.2% forecasted in April but down from the 2.7 percent estimate pre-dating the tariff increases, the World Trade Organization (WTO) said on August 8.

    The upgrade is mostly due to frontloading of imports in the United States, WTO economists said in a forecast update released on 8 August.

    "However, higher tariffs over time will weigh on trade, bringing next year’s expected trade volume growth down to 1.8 percent from 2.5 percent previously," the WTO said in its update.

    Adrija Chatterjee is an Assistant Editor at Moneycontrol. She has been tracking and reporting on finance and trade ministries for over eight years.
    first published: Aug 8, 2025 09:19 pm

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