Recently, global logistics company DHL and New York University's Stern School of Business jointly released a new edition of the DHL Trade Growth Atlas, depicting the most important trends and prospects for global trade in goods, showing the resilience of global trade in the face of market shocks. The report reveals that "China has accounted for a quarter of global trade growth in recent years, while Southeast and South Asia are poised to become new trade growth poles and trade growth in sub-Saharan Africa will accelerate significantly." The atlas, which covers 173 countries and regions around the world, provides policymakers and industry leaders with more commercially valuable information on market trends.

Trade has been a key driver of global prosperity for centuries," said Peng Cheng, CEO of DHL Express. In the current global business environment, DHL can help customers reorganize their supply chains, weighing costs and uncertainties to build safer, more efficient supply chains. As a logistics company serving the whole world, we are capable of providing logistics solutions that meet the various needs of our customers and can provide stable and reliable services in the ever-changing market environment."

In the current market environment, international trade is even more important, not only to accelerate economic growth and reduce inflation, but also to help companies and countries access key resources from a more diverse range of sources.

This Atlas of Trade Growth focuses on growth, transformation and new opportunities, measuring changes in the share of global trade by country and region. The Atlas offers the following verdict: "Contrary to many expectations, the Newcastle pneumonia outbreak has not been a major impediment to global trade development: with supply-side bottlenecks constraining further growth, total international trade in goods remains 10 percent above pre-outbreak levels." "The outlook for trade growth remains positive - although trade growth expectations have suffered a downward revision due to the geopolitical conflict, growth rates in 2022 and 2023 are still expected to be slightly higher than in the previous decade." "E-commerce sales rose sharply during the outbreak, and cross-border e-commerce is expected to continue to grow strongly."

This joint study concludes that more countries will see trade growth. China has accounted for a quarter of global trade growth in recent years. Its future growth is predicted to remain top, but its share may decline. By 2026, Vietnam, India, and the Philippines will be of particular interest in terms of the pace and scale of trade growth, and will benefit from more diversified production and sourcing strategies by companies. 2000-2012, emerging economies increased their share of global trade from 24% to 40%, with half of the growth coming from China. This share ratio has rarely changed in the past decade.

"However, emerging economies continue to grow at a high rate in terms of connectivity, innovation and leading companies. They are gradually gaining importance in the area of exports of high-end manufactured goods, and continue to improve their competitiveness in terms of innovation and quality in addition to low costs."

Based on research on global trade growth trends, geographic changes, trade product mix and broad changes in the business environment along different dimensions, the DHL Trade Growth Atlas analyzes global trade in goods by region, developed and emerging economies, and 173 countries and regions, with a one-page summary for each country and region. These countries and regions cover more than 99 percent of global trade, GDP and global population.

"We distill the most important data on the state and trajectory of global trade and present it in maps, charts and other visualizations. The results show that developed economies, emerging economies, and regions of the world still contain enormous opportunities for trade growth. The trade landscape is changing and presenting new challenges. However, the report strongly refutes predictions that global trade will experience a major setback." said Steven Altman, senior research scholar at the Center for the Future of Management at New York University's Stern School of Business and director of DHL's Globalization Research Program.

According to the report, the DHL Atlas of Trade Growth complements the DHL Global Connectivity Index series of reports. The former provides an in-depth study of global trade in goods, while the latter, published regularly since 2011, provides a broader analysis and interpretation of globalization in the dimensions of trade in goods and services, as well as global flows of capital, people and information. Both reports aim to identify potential business opportunities and explore trade and globalization based on facts and figures.