In the realm of global trade, various product categories are witnessing a robust increase in demand for the years 2024-2025. This includes consumer electronics, particularly mobiles, agricultural goods, as well as health and wellness-related products. Additionally, there is significant growth in information and communication technology (ICT) products and clothing.

According to the global trade data and world import-export data, total global trade value reached a record high of $33 trillion in 2024, a 3.7% increase from 2023. This growth was primarily driven by a 9% rise in services trade, while goods trade grew by 2%. In the ever-evolving landscape of global trade, certain products are witnessing a surge in demand due to various factors such as changing consumer preferences, technological advancements, and economic developments. Let’s dive into the details and explore the potential frontrunners in the global market and the top global trade products with growing demand in 2025, based on the world trade statistics. 

What is the growth forecast for global trade in 2025-26?

The WTO projected a 4% increase in commercial trade for 2025 and a 4.1% increase for 2026, which are significantly lower than the baseline estimates of 5.1% and 4.8%, respectively. The anticipated decline comes after a robust year in 2024, during which world merchandise trade volume increased by 2.9% and commercial commodities trade grew by 6.8%. The anticipated disturbance of the US-China trade war was expected to result in a 4% to 9% increase in Chinese goods exports across all areas outside of North America. Other nations would have the chance to fill the void in the United States regarding industries like textiles, apparel, and electrical equipment.

List of Top Products with a Growing Global Trade Demand (2024)

1. Consumer Electronics

• Total Trade: $2.7 trillion
• Exports: $1.4 trillion
• Imports: $1.3 trillion
• Top Exporters:
  • China (based on China export data)
  • South Korea
  • Vietnam (as per Vietnam customs export data of electronics)
• Top Importers:
  • USA
  • Germany
  • India

2. Agricultural Commodities (Grains, Oilseeds)

• Total Trade: $2.9 trillion
• Exports: $1.5 trillion
• Imports: $1.4 trillion
• Top Exporters:
  • USA
  • Brazil
  • Argentina
• Top Importers:
  • China
  • India
  • EU

3. Automobiles & Auto Parts

• Total Trade: $1.6 trillion
• Exports: $860 billion
• Imports: $740 billion
• Top Exporters:
  • Germany
  • Japan
  • South Korea
• Top Importers:
  • USA
  • China
  • Germany

4. Pharmaceuticals

• Total Trade: $834.8 billion
• Exports: $420 billion
• Imports: $414.8 billion
• Top Exporters:
  • Germany (as per Germany pharmaceutical export data)
  • Switzerland
  • USA
• Top Importers:
  • USA (as per US import data)
  • Germany
  • Switzerland

5. Textiles & Apparel

• Total Trade: $807 billion
• Exports: $420 billion
• Imports: $387 billion
• Top Exporters:
  • China
  • Bangladesh
  • Vietnam
• Top Importers:
  • USA
  • Germany
  • France

6. Organic Chemicals

• Total Trade: $502 billion
• Exports: $262 billion
• Imports: $240 billion
• Top Exporters:
  • China
  • USA
  • Ireland
• Top Importers:
  • USA
  • China
  • Germany

7. Biotechnology Products

• Total Trade: $500 billion
• Exports: $270 billion
• Imports: $230 billion
• Top Exporters:
  • USA
  • Germany
  • Switzerland
• Top Importers:
  • USA
  • China
  • Germany

8. Steel & Base Metals

• Total Trade: $400 billion (403 million tons)
• Exports: $220 billion
• Imports: $180 billion
• Top Exporters:
  • China
  • Japan
  • South Korea
• Top Importers:
  • EU
  • USA
  • Germany

9. Solar Panels & Renewable Equipment

• Total Trade: $180 billion
• Exports: $100 billion
• Imports: $80 billion
• Top Exporters:
  • China
  • Germany
  • South Korea
• Top Importers:
  • USA
  • India
  • Japan

10. Electric Vehicles (EVs)

• Total Trade: $150 billion
• Exports: $85 billion
• Imports: $65 billion
• Top Exporters:
  • Germany
  • China
  • South Korea
• Top Importers:
  • USA
  • UK
  • Germany