G20 trade accelerated in Q2 2026, boosted primarily by merchandise imports and services trade

G20 Trade Accelerated in Q2 2026: A Focus on Merchandise Imports and Services Trade

G20 merchandise trade saw a significant boost in the second quarter of 2026, with quarter-on-quarter import growth reaching a notable 6.7%. This marked a substantial rise from the previous quarter's growth of 5.2%.

The G20 economies experienced strong increases in merchandise exports, though at a slightly slower pace of 5.9% year-over-year. Preliminary data suggests that services trade also picked up speed, with exports growing by 3.4% and imports by 2.5%, compared to the first quarter's 2.0% and 1.5% respectively.

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