Key statistics and trendsin international trade 2025 Geoeconomic forces influencethe dynamics of international trade U N I T E D N AT I O N S C O N F E R E N C E O N T R A D E A N D D E V E L O P M E N T Key statistics and trendsin international trade20252025 Geoeconomic forces influencethe dynamics of international trade Requests to reproduce excerpts or to photocopy should be addressed to the CopyrightClearance Center atcopyright.com. All other queries on rights and licences, including subsidiary rights, should be addressed to: United Nations Publications405 East 42nd StreetNew York, New York 10017United States of AmericaEmail:publications@un.orgWebsite:https://shop.un.org The designations employed and the presentation of material on any map in this work do not implythe expression of any opinion whatsoever on the part of the United Nations concerning the legalstatus of any country, territory, city or area or of its authorities, or concerning the delimitation ofits frontiers or boundaries. This publication has not been formally edited. United Nations publication issued by the United NationsConference on Trade and Development UNCTAD/DITC/TAB/2026/1 ISBN: 978-92-1-154873-0eISBN: 978-92-1-159443-0Print ISSN: 2663-7960Online ISSN: 2663-7979Sales No. E.26.II.D.17 Acknowledgements This publication was prepared by UNCTAD. Lori Gegenbaoleer and Alessandro Nicita compiledthe study, which also benefited from inputs and comments from members of the Division onInternational Trade and Commodities of UNCTAD and the UNCTAD Statistics, Digital and DataService. Cover design and desktop publishing were undertaken by the UNCTAD Communicationand External Relations Section. Key statistics and trends in international trade2025 Geoeconomic forces influence the dynamics of international trade Note Key Statistics and Trends in International Tradeis a yearly publication. It is a product of theDivision on International Trade and Commodities of UNCTAD. This publication monitors thetrends of international trade in goods and services in the medium term. The series is part of a larger effort by UNCTAD to analyse trade-related issues of particularimportance for developing countries, as requested by the mandate of UNCTAD XVI outlined inthe Geneva Consensus paragraphs 80.1 and 80.3. The underlying data is available upon request attab@unctad.org. Table of contents Acknowledgements..........................................................................iiiNote...................................................................................................ivOverview...........................................................................................viiData sources...................................................................................viii 1. Trends in international trade........................................................3 1.1 Global Trade Trends......................................................................31.2 Diversification and trade concentration trends..............................51.3 Major countries trade and global trade imbalances.....................71.4 Global trade trends across economic sectors.............................11 2. Regional and bilateral trade trends...........................................17 2.1 Regional trends...........................................................................172.2. Trade within and between developed anddeveloping economies...............................................................202.3. Major bilateral trade flows..........................................................24 3. Sectoral level trade and trade networks..................................29 3.1 Trade across economic sectors..................................................293.2 Manufacturing trade networks and intra-industry trade.............34 4. Trade indicators.........................................................................41 List of figures Figure 1.1.Global trade has reached an all-time high in 2025.........................4Figure 1.2.Trade inflation has been moderate in recent years.........................4Figure 1.3.Trade-to-GDP rebound in 2025 after two yearsof de-globalization.........................................................................5Figure 1.4.An uptick in global trade concentration in 2025.............................6Figure 1.5.Far-shoring dominated the past decades but reversed in 2025.....7Figure 1.6.Export trends of selected economies.............................................8Figure 1.7.Import trends of selected economies.............................................9Figure 1.8.Global trade imbalances widened in 2024...................................10Figure 1.9.Significant differences in trade by broad categoryand stage of processing..............................................................11Figure 1.10.Trade patterns have been diverse across goods sectors.............13Figure 1.11.All service sectors recorded grow