Middle East’s Trade Surge: A Fresh Look at Global Growth

The Middle East is experiencing a notable rise in trade, even as global markets face uncertainty. Gulf Cooperation Council countries, such as the United Arab Emirates and Saudi Arabia, have driven this increase. Between 2021 and 2024, the region’s trade grew by about 15% each year. This rate is higher than the global average, which was roughly 9%. Because of this momentum, the Middle East’s share of worldwide trade has grown. Recent data shows that the upward trend is still strong. Economists from Standard Chartered have highlighted this performance in their latest reports.The region’s success comes despite broader challenges like rising protectionism and economic volatility elsewhere. Why the Middle East? Strong investments in infrastructure, diversified economies, and strategic geographic positioning help explain the boom. These factors attract businesses looking for stable markets and growth opportunities. The bigger picture While some parts of the world struggle with trade barriers, the Middle East demonstrates that globalization can thrive under the right conditions. Its experience offers lessons on how targeted policies and regional cooperation can boost commerce.