Trade volatility tests port operations

That’s according to DP World’s Global Trade Observatory Annual Outlook Report 2026, which finds 94% of surveyed executives expect trade growth to match or exceed 2025, even as costs, tariffs and policy uncertainty intensify.

“Global trade is becoming increasingly complex, not less so,” said Sultan Ahmed bin Sulayem, group chairman and CEO of DP World

”Our role is clear: To keep trade moving by understanding where friction exists, anticipating where it may emerge next, and investing in the infrastructure, capabilities and partnerships that help our customers operate more efficiently and reliably.”

Industry optimism

The survey of 3,500 senior supply chain and logistics leaders across 19 countries was conducted ahead of the World Economic Forum Annual Meeting in Davos.

According to the findings, 54% of respondents expect faster trade growth in 2026 than in 2025, while 40% foresee equal performance.

This optimism persists despite 53% anticipating high or very high policy uncertainty and 90% expecting trade barriers to rise or remain unchanged. Only a quarter of respondents expect a negative business impact.

The results contrast with macroeconomic projections, with the IMF forecasting global trade growth by volume could slow to 2.3% in 2026 from an estimated 3.6% in 2025. Executives nevertheless identified Europe and China as leading growth regions, followed by Asia Pacific and North America.

For ports and terminals, the survey highlights operational priorities shaped by trade volatility.

Companies are redesigning supply chains through supplier diversification, higher inventories and friend-shoring, while 26% plan to use new trade routes.

Border friction remains a key constraint, with 60% citing customs clearance delays, reinforcing the importance of investment in port operations, logistics hubs and border infrastructure to support resilient global trade.