WTO more than doubles global trade forecast, driven by AI boom

The World Trade Organization (WTO) has sharply lifted its forecast for global goods trade growth in 2026, projecting a rise of 3.9% versus the previously expected 1.9%. The WTO said the main driver is a surge in investment tied to artificial intelligence (AI). In the first half of 2026, demand for semiconductors, data centres, and digital infrastructure contributed significantly to goods trade growth, according to a report released Thursday. The WTO also expects goods trade to grow 4.1% in 2027, after global trade grew 4.6% last year. The WTO cited supply-chain adaptation amid Middle East disruption and weaker energy and fertilizer markets.