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un-conference-on-trade-and-development

Global Trade Grows, But So Do Risks, UNCTAD

Global trade rose by about US$2.5 trillion in 2025 to a record US$35 trillion, a gain of roughly 7.5 percent, according to the United Nations Conference on Trade and Development. Goods trade led the expansion, increasing about 7 percent and contributing roughly US$1.8 trillion. Services trade grew around 8 percent, adding about US$700 billion. Growth was strongest in developing economies, particularly in East Asia and Africa, while South-South trade climbed about 9 ... [+]

UNCTAD: Hormuz Chokes Trade Flows, Economies

A near shutdown of the Strait of Hormuz is rapidly spreading strain across the global economy, hitting trade flows, driving up prices and tightening financial conditions, according to a new assessment from UN Conference on Trade and Development, or UNCTAD. In its latest update released April 1, UNCTAD said activity through ... [+]

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