India to be fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTAD

Global trade is projected to grow by 4% in 2026, which is slower than the 4.4% expansion in 2025. Increased trade values are driven by rising prices and strategic sector challenges due to policy changes. Trade between China and the US has declined, while East Asia's trade with both regions has increased. Developing economies show a bifurcation in growth rates, with India leading at 7.3% in 2026.