The New Era of Trade: Navigating Global Instability and Shifting Power Centers
The global trade landscape is undergoing a profound transformation, characterized by what DMCC CEO Ahmed Bin Sulayem describes as a fundamental "rupture" in the economic order rather than mere temporary friction. Speaking at the launch of the Future of Trade report, Bin Sulayem highlighted that the erosion of the World Trade Organizationâs authority, the intensification of US tariff policies, and the volatile closure of the Strait of Hormuz are collectively reshaping international commerce. With the WTO struggling to maintain its influenceâmost notably failing to renew critical e-commerce moratoriumsâand nearly 20% of global merchandise imports now impacted by tariffs, these combined pressures are threatening energy stability, supply chain continuity, and food security on a worldwide scale.
Despite these significant headwinds, the report offers a resilient outlook, projecting modest trade growth of 1.9% in 2026 before an anticipated rebound. A key driver of this stability is the rise of âmiddle powersâ like the UAE, India, and Singapore, which are successfully positioning themselves as vital connectors in an increasingly fragmented market. South-South trade is now significantly outpacing traditional North-North trade, while the rapid surge in AI-related goodsâwhich accounted for nearly half of all trade growth in early 2025âis altering long-standing economic influence. Ultimately, as nations seek safety through diversification, the UAE has emerged as a top destination for greenfield investments, proving that those capable of operating across diverse geopolitical blocs are the new quiet winners of the modern trade era.