World Trade Map Being Redrawn as Global Growth Slows and Regional Links Deepen
Over the Next 10 Years, World Trade in Goods Expected to Trail GDP Growth, Reversing a 20-Year Trend, According to a New Analysis by BCGWorld Trade Forecast to Grow at 2.8% per Year through 2032, Compared with an Estimated 3.1% Growth Rate for Global GDP in the Same PeriodFive Emerging Global Trade Dynamics Will Shape the Coming DecadeUS-China Trade Set to Drop, with 2032 Trade Value Forecast to Fall by $197 Billion from Its 2022 Level, While Growth in EU-China Trade Will SlowBOSTON—As the global economy adjusts to persistent economic and geopolitical pressures and disruptions, the familiar routes that defined the world trade map are being redrawn and regional trade lanes are playing a greater role in world trade.