The growth rate of global trade volume in 2025 will decrease to 1.7% year-on-year, 1.5 percentage points lower than the January estimate, Report informs, citing the International Monetary Fund (IMF).
In 2026, the indicator will grow by 2.5%, which is 0.8 percentage points lower than the IMF's January forecast.
According to the baseline forecast, it is assumed that in 2025 and 2026, trade policy uncertainty will remain at a relatively elevated level.