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Global trade growth may slow to 1.9% in 2026 due to Middle East tensions, high energy prices, and fading AI demand, risking GDP and food security.
Global trade growth is projected to slow to 1.9% in 2026 from 4.6% in 2025, according to the WTO, due to the ongoing Middle East conflict, disruptions in the Strait of Hormuz, and the fading momentum of AI-related demand and tariff-driven imports.
If energy prices remain high, growth could drop to 1.4%, risking global GDP and food security.
The WTO warns of lasting trade route shifts and higher costs, but notes resilience in high-tech and digital services.
A swift de-escalation and sustained AI investment could boost growth to 2.4% in 2026.
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El crecimiento del comercio mundial puede desacelerarse al 1,9% en 2026 debido a las tensiones en Oriente Medio, los altos precios de la energía y la disminución de la demanda de IA, lo que pone en riesgo el PIB y la seguridad alimentaria.