Global Trade Holds its Ground (.PDF Download)

New data shows global trade reached record levels in 2025 as regional and sector shifts reshaped international flows.
Jan. 23, 2026

With today’s news headlines dominated by trade wars, sanctions and rising protectionism, it’s easy to believe that globalization is unravelling. But is that really the case? Not quite, says the World Economic Forum (WEF). In fact, the opposite is true. According to the United Nations Conference on Trade and Development (UNCTAD), global trade broke records last year as it surged past the $35 trillion mark, despite all the turmoil and concern over tariffs and trade wars.

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