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WTO: Strong First Quarter for Global Trade Ahead of Tariff Deadline

  • Global merchandise trade volume saw a growth of 3.6 percent quarter-on-quarter and 5.3 percent year-on-year in the first quarter of 2025, according to the World Trade Organization .
  • North America had the strongest import growth at 13.4 percent, as noted by the WTO.
  • WTO warned of a potential decline in global merchandise trade volume due to risks from U.S. tariffs and trade policy uncertainty.
  • U.S. imports surged 25 percent in the first quarter but dropped to just 1 percent in the first two months of the second quarter, indicating a potential slowdown in demand, according to WTO economists.
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The volume of world merchandise trade grew above expectations of 3.6% in the first quarter of 2025 compared to the previous quarter, announced on Tuesday the World Trade Organization (WTO). Over a year, the increase reached 5.3%, well above the forecast made last April, and reflects increased demand, ... This article World trade rebounds in the 1st quarter, but the WTO remains cautious on tariff risks appeared first on Diplomatic Morocco.

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Impulsobaires broke the news in on Tuesday, July 15, 2025.
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