Nowcasts

UNCTAD's nowcasts are data and model-based predictions of global trade and GDP period over period growth. The latest data available and data revisions are fed into models on a weekly basis to update and revise the nowcasts and provide insight on current economic and trade conditions well before final figures are published with several months' delay.

The points on the graph represent what growth rate the model predicted for the selected time period with data available on the date indicated on the X-axis. The bars represent that week's data releases' impact on the evolution of the nowcast.

The trade in merchandise (volumes) nowcast stands at 1.35% for Q2 2026 as of Jun 2, 2026. News from this week's data releases increased this nowcast by 0.001 percentage points.