General

Recently, DHL, a global logistics enterprise, and the Stern School of Business of New York University jointly released a new version of the DHL Trade Growth Atlas, which depicts the most important development trends and prospects of global trade in goods and shows the resilience of global trade under market impact. The report reveals that "in recent years, China's international trade growth accounts for one fourth of the global total, while Southeast Asia and South Asia will become new trade growth poles, and the trade growth in sub Saharan Africa will be greatly accelerated." This atlas covers 173 countries and regions around the world, and can provide more valuable market trend information for policy makers and industry leaders.

Pengcheng, CEO of DHL Express, said that, "For centuries, trade has always been the key driving force to promote and realize global prosperity. In the current global business environment, DHL can help customers re arrange the supply chain layout, reasonably balance costs and uncertainties, and thus build a safer and more efficient supply chain. As a logistics enterprise serving the world, we have the ability to provide logistics solutions that meet customers' various needs, and can adapt to the changing market environment To provide stable and reliable services. "

In the current market environment, the importance of international trade is more prominent. It can not only accelerate economic growth and reduce inflation, but also help enterprises and countries obtain major resources from more diverse sources.

This international trade growth atlas focuses on growth, transformation and new opportunities, and measures the changes in the share of countries and regions in global trade. The atlas made the following judgment: "Unlike many people's expectations, the COVID-19 epidemic has not become a major obstacle to the development of global trade: in the case of supply side bottlenecks restricting further growth, the total volume of international trade in goods still exceeds the pre epidemic level by 10%." "The prospect of trade growth is still optimistic - although the trade growth expectation has been lowered due to geopolitical conflict, the growth expectation in 2022 and 2023 will still be slightly higher than that in the previous decade." "E-commerce sales rose sharply during the epidemic, and cross-border e-commerce is expected to continue to maintain strong growth."

This joint study believes that more countries will welcome trade growth. In recent years, China's international trade has increased by a quarter of the global total. It is predicted that its future growth will remain the first, but its share may decline. By 2026, the trade growth rate and scale of Vietnam, India and the Philippines will receive special attention, and will benefit from more diversified production and procurement strategies of enterprises. From 2000 to 2012, the share of emerging economies in global trade increased from 24% to 40%, with half of the growth coming from China. This share has hardly changed in the past decade.

"However, emerging economies have maintained rapid development in connectivity, innovation and leading enterprises. They are increasingly important in high-end manufacturing exports, and continue to improve their competitiveness in innovation and quality in addition to low costs."

Based on the research on global trade growth trends, geographical changes, international trade product portfolio and wide changes in business environment, DHL Trade Growth Atlas analyzes the global trade in goods of various regions, developed and emerging economies and 173 countries and regions according to different dimensions, and provides a page of summary for each country and region. These countries and regions cover more than 99% of global trade, GDP and global population.

"We have extracted the most important data on the state of global trade and development trajectory, and presented them in maps, charts and other visual ways. The results show that developed economies, emerging economies and various regions of the world still contain huge opportunities for trade growth. The trade pattern is changing and brings new challenges. However, the report strongly refutes the prediction that global trade will experience a significant regression." Steven Altman, senior research scholar of the Future Management Center of New York University Stern School of Business and director of DHL's globalization research project, said.

It is reported that the DHL Trade Growth Atlas is a supplement to the DHL Global Connectivity Index series reports. The former has conducted an in-depth study of global trade in goods, while the latter has been published regularly since 2011 to conduct a broader analysis and interpretation of globalization from the dimensions of trade in goods and services and global capital, personnel and information flows. Both reports are aimed at exploring potential business opportunities and exploring trade and globalization based on facts and data.