AI Boosts Global Trade and Growth
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The World Trade Organization (WTO) has significantly raised its growth outlook for global goods trade in 2026, driven by the boom in artificial intelligence (AI). The WTO estimates that world merchandise trade will grow by 3.9% year-on-year by the end of 2026, more than double the 1.9% projected in March. This positive outlook is primarily due to the increased demand for AI-related products such as semiconductors and data centers. The WTO also expects global GDP growth to reach 2.6% in 2026 and 2.9% in 2027.
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