World trade has a significant impact on the economies of developing countries, which often seek to increase growth and prosperity. In this context, we need to understand several main aspects that show how international trade can be both a blessing and a challenge for these countries. First, access to global markets allows developing countries to increase exports of goods and services. By opening up opportunities beyond national borders, these countries can increase production, create jobs, and diversify their economies. For example, countries like Vietnam have successfully leveraged free trade agreements to increase textile and electronics production, which in turn contributes significantly to their GDP. Second, globalization trends often lead to an increase in foreign investment. Developing countries with policies that support investment, such as offering tax incentives, can attract multinational companies to invest. Foreign investment not only creates jobs but also transfers important technology and expertise, thereby increasing domestic production capacity. However, on the other hand, world trade can also pose risks for developing countries. High dependence on exports of certain commodities makes the economy vulnerable to global price fluctuations. Commodity price crises can result in reduced incomes and, in some cases, present greater socio-economic vulnerabilities. Furthermore, free trade can trigger unhealthy competition with products from developed countries which are usually of higher quality and cheaper. This can result in losses for local industries that have difficulty competing. For example, some farmers in Africa experience difficulties when faced with imported agricultural goods at more competitive prices. Trade can also exacerbate inequality if benefits are not distributed equally. Certain sectors may experience rapid growth while others are marginalized, thereby exacerbating economic disparities. In many cases, the profits from trade flowed more to the elite, leaving ordinary people with few benefits. Implementation of fair trade policies is key. Developing countries need to join regional and international alliances that promote inclusive and sustainable trade models. Through dialogue and negotiation, these countries can advance their interests and overcome problems arising from imbalances in global trade. In addition, strengthening domestic capacity through education and workforce training must be a priority so that developing countries can compete in the global market. Investment in infrastructure and technology is also an important step to increase the competitiveness of domestic products. Looking at this overall perspective, world trade plays a dual role: as a driver of economic development as well as a challenge that needs to be managed wisely. Sustained economic growth in developing countries relies heavily on their ability to capture global trade opportunities while mitigating the risks that accompany them.