A new report by the World Trade Organization (WTO) has highlighted the major role artificial intelligence (AI) may play in shaping future global commerce. According to the study, AI could boost global trade by 40% by 2040: WTO report, mainly by improving efficiency, reducing costs, and creating smarter supply chains.
The WTO explained that AI adoption is spreading rapidly across industries, from manufacturing and logistics to financial services. Automation and intelligent data use can cut delays, optimize shipping, and improve cross-border transactions. This makes trade faster and more cost-effective for both developed and developing economies.
The report noted that emerging technologies such as machine learning and predictive analytics can enhance demand forecasting, reduce inventory waste, and minimize transport disruptions. These innovations are particularly important for international trade, where delays can result in major financial losses.
The WTO also pointed out that AI could boost global trade by 40% by 2040: WTO report but stressed the need for strong regulatory frameworks. Without safeguards, challenges like cybersecurity risks, unequal access to technology, and job displacement could slow progress.
According to analysts, AI-driven platforms can simplify customs clearance, improve fraud detection, and cut transaction times. The report suggested that small and medium enterprises (SMEs) could especially benefit, as AI tools make global markets more accessible and less costly to enter.
However, the WTO warned that not all countries may benefit equally. Developing economies with limited digital infrastructure may fall behind unless international cooperation ensures fair access to technology.
In conclusion, the WTO stated that AI could boost global trade by 40% by 2040: WTO report, provided that policymakers, businesses, and governments work together. With the right investments in digital infrastructure, AI could transform trade into a more inclusive, efficient, and resilient global system.
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