Page 10 - Policy Economic Report - Jan 2026

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Countries with strong infrastructure, skills and stable policies are better placed to attract investment.
More peripheral economies risk being sidelined unless they improve logistics, skills and the investment
climate.

Servicification of trade – exports of services continue to grow faster than goods

Services exports now account for 27% of global trade and grew by about 9% in 2025, far outpacing goods.
Services also dominate global intermediate inputs, underpinning manufacturing, and primary sectors.

Digitally deliverable services drive much of this growth but remain limited in least developed countries.
Closing the digital gap is essential for broader participation in services-led trade.

Figure 5: Digitally deliverable services are a fast-growing segment of global trade

Source- UNCTAD

Sustainable trade – environmental priorities move from pledges to implementation
Environmental commitments are increasingly shaping trade as climate pledges move from ambition to
implementation. By late 2025, pledges by 113 countries could cut emissions by about 12% by 2035.
Carbon pricing, clean-energy markets and environmental standards are redefining competitiveness.
Developing countries will need access to green finance, technology, and support to stay competitive.

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