Global trade growth is expected to moderate in 2006 following a period of robust expansion. Several economic factors are contributing to this anticipated slowdown, including the gradual cooling of economic activity in key regions such as the United States and Europe.

Rising energy prices continue to pose a significant challenge to global trade, increasing transportation costs and impacting overall demand. Furthermore, persistent trade imbalances among major economies remain a concern, potentially leading to protectionist measures that could further dampen trade growth.

While some emerging markets are expected to maintain strong growth rates, their impact on overall global trade may not be sufficient to offset the slowdown in developed economies. Economists are closely monitoring these trends and adjusting their forecasts accordingly.