WTO signals global goods trade growth slowing despite AI electronics surge

Geneva, June 5, 2026 – The World Trade Organization said Friday that global merchandise trade showed signs of slowing growth in early 2026, even as it proved resilient against disruptions from the Middle East conflict. The WTO Goods Trade Barometer, a composite leading indicator, pointed to decelerating momentum in goods shipments. The negative trade impact from the conflict was partly offset by surging demand for electronic components tied to artificial intelligence, the WTO noted. The barometer’s latest reading suggests that while trade volumes held up in the first half of 2026, underlying momentum is fading. No specific barometer index level was immediately provided. The report underscores how geopolitical shocks continue to weigh on global commerce, with AI-related hardware demand providing a counterbalance in key manufacturing hubs.